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Senior Accountant (AP & Banking)

SEVEN
Dubai, UAE
fulltime
Entry
2 months ago
IFRSProcurementVAT
Free

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Overview

We are seeking a detail-oriented and proactive Accountant – AP & Banking to manage the company’s accounts payable functions and banking operations.

The ideal candidate will ensure timely and accurate processing of invoices, payments, and bank reconciliations while maintaining compliance with company policies and regulatory requirements.

1. Accounts Payable Operations & Control

+ Manage full-cycle accounts payable operations, including invoice processing, 3-way matching (PO, GRN, Invoice), and vendor payment execution.

+ Ensure compliance with internal controls, delegation of authority, tax regulations (e.g.

VAT), and accounting standards (IFRS).

Provide end to end Data related to AP for VAT Return submission

+ Maintain a rigorous control environment to mitigate risks such as duplicate payments, fraud, or non-compliance.

2. Vendor Management

+ Manage a large and growing base of local and international vendors with sensitivity to contractual terms, payment terms, and dispute resolution.

+ Foster effective vendor relationships while protecting company interests and supporting procurement and legal teams as needed.

3. Financial Reporting & Reconciliation

+ Perform regular AP sub-ledger to GL reconciliations and ensure all variances are investigated and resolved promptly.

+ Support the month-end and year-end closing process with accurate accruals, schedules, and reconciliations.

+ Ensure that Vendor SOA’s are matched with Company Books.

4. Audit & Compliance

+ Serve as the AP focal point during internal and external audits, ensuring accurate and timely submission of audit schedules and supporting documents.

+ Maintain complete and auditable documentation of AP transactions in line with regulatory and company policies.

+ Liasoning with Tax Consultants

5. Systems & Process Improvement

+ Suggest automation initiatives and enhance the efficiency of AP operations through ERP (preferably Zoho Books) and digital tools.

+ Suggest process improvements to manage increasing transaction volumes and complexity.

6. Stakeholder Engagement

+ Collaborate with Procurement, Project Management, Treasury, and Business Units to align on payment cycles, project-related capex disbursements, and vendor queries.

+ Provide insights into payment status, risks, and opportunities.

7. Banking And Govt Dues

+ Liasoning with Bank for account opening, KYC’s, user management, filling application for credit limits and accumulation of documents, payment of trade license

Requirements

  • Bachelor's degree in Accounting, Finance, or a related field with professional qualification of CMA will be an added advantage
  • 2-4 years of relevant experience in accounts payable or general accounting, preferably in a corporate or multinational environment
  • Solid understanding of accounting principles and internal controls
  • Experience with ERP or accounting systems (e.g., Zoho Books)
  • Proficiency in Microsoft Excel and MS Office applications
  • Strong attention to detail with the ability to meet deadlines in a fast-paced environment
  • High level of integrity and ability to handle confidential information

Benefits

Competitive Salary: Based on experience and role responsibilities

Club Access: Full access to SEVEN Wellness Club facilities and classes

F&B Discount: 50% off all in-house food and beverage items at The Dose

Career Growth: Opportunities to grow across SEVEN’s expanding group of brands

Supportive Culture: A team-oriented environment that values initiative, professionalism, and well-being

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