Accounts Payable
Role Overview
• Invoice Processing: Review and process all vendor invoices accurately and efficiently, ensuring they are recorded in the system and comply with company policies.
• Payment Management: Prepare and execute timely payments to vendors in accordance with established payment terms, maintaining a clear record of all transactions.
• Vendor Reconciliation: Reconcile vendor statements and resolve discrepancies between vendor records and the hotel’s accounts payable system.
• Purchase Orders & Contracts: Ensure that all invoices are supported by appropriate purchase orders and contracts, and match the terms agreed upon with vendors.
• Expense Reporting: Assist in the preparation of monthly expense reports and financial statements related to payables.
• Accounting Entries: Record and maintain accurate accounting entries for all payables transactions, ensuring that they are aligned with the hotel’s budget and financial goals.
• Vendor Communication: Establish and maintain positive working relationships with vendors, addressing inquiries and resolving any issues related to billing, payments, or account discrepancies.
• Payment Schedule Management: Manage the company’s payment schedule, ensuring that all payables are paid on time, and optimize cash flow management.
• Compliance & Documentation: Ensure compliance with local tax regulations, accounting policies, and financial best practices in the processing of vendor payments.
• Tax Reporting: Assist with the preparation of tax filings by providing necessary documentation related to payables, including VAT, withholding tax, and other applicable taxes.
• Internal Controls: Implement and maintain internal controls related to accounts payable processes to ensure accuracy, prevent fraud, and adhere to financial policies.
• Month-End Closing: Assist in month-end closing procedures by providing necessary reports and ensuring that accounts payable transactions are accurately reflected in the financial statements.
Key Skills for This Role
Full Job Posting
Company Description
SO/ Ras Al Khaimah is part of a luxury hotel collection focused on avant-garde design, creative hospitality, and distinctive guest experiences.
Responsibilities
- Review and process vendor invoices accurately and according to company policies.
- Prepare timely vendor payments and maintain clear transaction records.
- Reconcile vendor statements and resolve discrepancies in the accounts payable system.
- Verify invoices against purchase orders, contracts, and agreed vendor terms.
- Assist with monthly expense reports and payables-related financial statements.
- Record accurate accounting entries for all payable transactions.
- Maintain vendor relationships and resolve billing, payment, and account issues.
- Manage payment schedules and support cash flow management.
- Maintain compliance with tax regulations, accounting policies, and financial best practices.
- Provide payables documentation for VAT, withholding tax, and other applicable tax filings.
- Maintain internal controls to support accuracy, fraud prevention, and policy compliance.
- Support month-end closing with reports and accurate accounts payable entries.
Qualifications
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
- Minimum of two years of experience in accounts payable, accounting, or finance.
- Knowledge of the hospitality or service industry.
- Proficiency in accounting software such as Microsoft Dynamics or SAP.
- Experience with hotel management systems such as Opera or Micros.
- Proficiency in Microsoft Office, particularly Excel.
- Strong attention to detail, analytical ability, organization, communication, confidentiality, and problem-solving skills.
Additional Information
- The role offers the opportunity to join an international, innovative, and fast-growing hospitality group.
- The employer highlights a creative and rewarding environment, development opportunities, and a competitive package.
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at SO/ Hotels & Resorts
Health and Safety Officer – Security
, UAE
SO/ Ras Al Khaimah seeks a Health and Safety Officer – Security to lead the hotel security team and oversee surveillance, access control, and emergency response. The role requires 3-5 years of security experience includi
Security Supervisor
, UAE
SO/ Ras Al Khaimah seeks a Security Supervisor to lead the hotel security team and oversee daily security operations, surveillance, access control, and incident response. The role requires 3-5 years of security experienc
Wellness Instructor
, UAE
SO/ Ras Al Khaimah seeks a Wellness Instructor to design and deliver holistic wellness programs for guests, including yoga, meditation, Pilates, stretching and breathwork. You will create memorable guest experiences and