Accountant - Accounts Payable
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Key skills for this role
About the Role
Process accounts payable transactions, reconcile supplier accounts, ensure timely payment of invoices, and maintain accurate financial records in compliance with GAAP and IFRS.
Key Skills for This Role
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Job Description
Responsible for accounts payable entries and transactions, for the proper implementation of the organization’s policies, for ensuring that the accounting policies and procedures are complied with, as well as the timely and accurate payment of commitments and other liabilities.
Core Responsibilities
- Assist in preparation of related accounting policies and procedures manuals and ensure that the department implements them
- Timely processing of payment of invoices as per agreed terms and conditions
- Adequate documentation of all expenditures and other documents is maintained
- Review, check and verify suppliers accounts, invoices and claims for accuracy of payments
- Process Purchase Orders and invoices with proper approval to generate timely and accurate payments to suppliers
- Handle payment vouchers and manage petty cash payments
- Maintain control over primary ledger and subsidiary ledgers for accounts payable
- Reconcile all AP accounts at GL level which includes employee advances and loan accounts.
- Review accounts payables accruals as well as month-end reconciliation
- Coordinate with external and internal auditors to answer any queries and meet the auditory requirements
- Provide timely, accurate financial information and reporting to the management
- Calculate the contingent, contracting and employment liabilities and accounting for the same
- Ensure complete and reliable accounting records and documentation in accordance with Generally Accepted Accounting Procedures (GAAP), IFRS and International accounting Standards (IAS)
- Perform other relevant functions in the finance department/section as assigned by line manager
Educational And Technical Qualifications
- Bachelor’s degree or equivalent in Accounting or Finance
- Chartered accountancy qualification such as CPA, CMA, ACCA is a plus
Language Skills
- Writtend and Spoken English is essential, Arabic is preferred.
- Years of Experience:
- A minimum of 3-5 years of experience in a similar role
- Nature of Experience:
- Experience in financial accounting and/or financial reporting.
- Knowledge of GAAP or IFRS.
- Relationship building, influencing & communication skills.
- Business partnering, stakeholder management and a broader business consciousness.
- Experience in data analysis, forecasting methods and reporting packages.
- Negotiation skills.
- Proficient in the use of MS Office and financial management software
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