Accounts Payable Associate Job in Dubai

A prominent and leading company within Dubai's vibrant market is offering an attractive career opportunity to join its finance department as an Accounts Payable Associate. This role is a cornerstone in ensuring the smooth financial operations of the company, with the responsibility for accurately managing and executing company payments in a timely manner. If you are an ambitious young professional with experience or a keen interest in finance and accounting, seeking a platform for growth in one of the world's most dynamic cities, this opportunity could be for you.

Job Description and Key Responsibilities

The Accounts Payable Associate will be placed in a stimulating and professional work environment as part of a precise and efficient finance team. The core responsibilities of this position include:

• Invoice Processing: Receiving, reviewing, and indexing incoming invoices from vendors and service providers, verifying their accuracy against purchase orders and established contracts.
• Payment Preparation: Preparing and executing supplier payments through various channels (bank transfers, checks, etc.) according to the payment schedule and the company's financial policies.
• Periodic Reconciliation: Conducting periodic reconciliations of creditor accounts, verifying that supplier statements match the company's internal records, and resolving any discrepancies or queries that arise.
• Vendor Communication: Professionally and promptly responding to vendor inquiries regarding invoice and payment status, maintaining positive working relationships.
• Month-End Close Support: Providing necessary support to the accounting team during monthly and year-end closing processes by ensuring accurate data and required documentation.
• Filing and Organization: Maintaining a well-organized and secure archive of all financial documents related to accounts payable (invoices, POs, credit notes) both electronically and physically as per the company's system.
• Policy Compliance: Ensuring full compliance with the company's internal policies and procedures, as well as applicable tax and legal regulations in the Emirate of Dubai.

Required Qualifications and Skills

To be a successful candidate for this role, you should meet the following criteria:

• Educational Qualification: A university degree in Accounting, Finance, Business Administration, or a related field.
• Work Experience: 1 to 3 years of practical experience in an accounts payable role or a similar position within an accounting department. Experience in a fast-paced work environment is a plus.
• Technical Skills: Excellent proficiency in Microsoft Office suite, especially Excel (skills in formulas and pivot tables). Knowledge of Enterprise Resource Planning (ERP) systems such as SAP, Oracle, or Microsoft Dynamics is a significant competitive advantage.
• Personal Skills:
  • Accuracy and Attention to Detail: Ability to handle financial numbers and data with high precision to avoid costly errors.
  • Time Management and Organization: Strong organizational skills to handle workload volume and meet deadlines.
  • Integrity and Reliability: Possessing the highest standards of integrity when handling financial information and payments.
  • Communication Skills: Good written and verbal communication skills in both Arabic and English.
  • Teamwork: Ability to work effectively within a team, as well as independently with minimal supervision.

What the Company Offers

While specific financial package details have not been disclosed, working for a leading company in Dubai typically offers a stable and professional work environment with genuine opportunities for career development and learning. Dubai itself is a global business hub, providing employees with a wide professional network and long-term growth prospects.

How to Apply for the Position

Applications for this position are accepted exclusively through the specialized online platform Naukrigulf. Please prepare to upload your updated Curriculum Vitae (CV), which highlights your relevant experience pertaining to the job requirements, especially in the areas of invoice processing, payment management, and reconciliation. Ensure your CV is clear, error-free, and professionally written.

As the company name is confidential at this stage, focus your application on showcasing your qualifications and tangible achievements. Only shortlisted candidates will be contacted by the company's recruiters or the platform to proceed to the next interview stages.

We wish all applicants the best of luck in their submissions.