Job Description

A Payable Accountant, also known as Accounts Payable (AP) Accountant, is responsible for managing the organization's financial obligations by processing invoices, verifying transactions, and ensuring timely payments to vendors and suppliers.

•DUTIES AND RESPONSIBILITIES: •

• •Invoice Processing: •

Receive and review invoices for accuracy and completeness.

Code invoices with appropriate expense accounts and cost centers.

Obtain necessary approvals and signatures for payment processing.

• •Payment Processing: •

Prepare and process electronic transfers and checks for vendor payments.

Reconcile payment requests with purchase orders, contracts, and receipts.

Ensure payments are made on time and in accordance with vendor terms.

• •Vendor Management: •

Maintain accurate vendor records, including contact information and payment terms.

Communicate with vendors regarding payment inquiries and discrepancies.

Negotiate payment terms and discounts with vendors to optimize cash flow.

• •Expense Reports: •

Review and process employee expense reports, verifying receipts and compliance with company policies.

Reimburse employees for approved expenses in a timely manner.

• •Account Reconciliation: •

Reconcile accounts payable transactions with monthly statements from vendors.

Resolve discrepancies in a timely manner and communicate with vendors to clarify issues.

• •Financial Record Keeping: •

Maintain organized and up-to-date accounts payable files and documentation.

Record and document all transactions accurately in the accounting system.

• •Compliance and Reporting: •

Ensure compliance with company policies and relevant regulations in all accounts payable processes.

Prepare accounts payable reports for management, including aging reports and cash flow projections.

• •Process Improvement: •

Identify inefficiencies in accounts payable processes and suggest improvements.

Streamline workflows and implement best practices to enhance efficiency and accuracy.

• •Audit Support: •

Assist auditors by providing necessary documentation and explanations during internal and external audits.

Maintain audit trails and documentation for all accounts payable transactions.

• •Vendor Negotiation: •

Negotiate favorable terms and agreements with vendors to optimize payment schedules and discounts.

Collaborate with procurement and supply chain teams to negotiate bulk discounts and improve vendor relationships.

Job Types: Full-time, Permanent

Pay: AED5,000.00 - AED6,000.00 per month

Education:

• Bachelor's (Preferred)

Experience:

• Accounts Payable: 3 years (Preferred)

Language:

• Tagalog (Preferred)

Location:

• Dubai (Preferred)