Assistant Manager Account Payable - Emirati Talent

The purpose of this role is responsible for supporting the accurate and timely processing of supplier invoices, payments, and reconciliations to ensure the company meets its financial obligations efficiently and in compliance with internal policies and tax regulations.

This role plays a key part in maintaining strong vendor relationships, ensuring VAT compliance, and contributing to the integrity of the company’s financial records through effective use of Microsoft Dynamics (MSD) and coordination with other departments.

1.

Receive and verify supplier invoices into MSD, ensuring accuracy, appropriate account GL account.

2.

Compile and prepare payment batches for review and execution, ensuring all payments are processed in a timely and accurate manner, in accordance with agreed payment terms.

3.

Review all invoices to ensure they are in full compliance with VAT regulations, including validating input VAT for recoverability

4.

Prepare accrual journal entries for outstanding liabilities during the month-end closing process, working closely with business units to ensure accuracy and completeness

5.

Review and support the reconciliation process between the core banking system and MSD, identifying discrepancies and assisting in their resolution.

6.

Prepare monthly reconciliations of corporate credit card transactions, ensuring that all charges are correctly coded, supported by valid documentation, and compliant with company policy.

7.

Prepare and maintain repayment schedules for recurring or scheduled payments Ensure all accounts payable activities comply with internal financial controls, company policies, and audit requirements.

8.

Ensure all accounts payable activities comply with internal financial controls, company policies, and audit requirements.

Support improvements to enhance efficiency, accuracy, and control in the AP process.

9.

Manage Capex and fixed assets, including recording and classifying assets, updating the fixed asset register for additions and disposals, and performing reconciliations with the general ledger to resolve any differences

10.

Maintain accurate records and control over sundry accounts, such as prepaid expenses, advances, and deposits, ensuring timely reviews and clearances.