hireejobsgulf
Register for Job

Accounts Payable Executive

1.00 to 10.00 Years   United Arab Emirates   21 Mar, 2023
Al Futtaim Group
1 Jobs Openings
Job LocationUnited Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryAccounting
Functional AreaNot Mentioned

Job Description

Overview of the role:To manage and control various financial and accounting systems and procedures of the company˙in accordance with the internationally accepted standard, and monitor its˙internal˙control to ensure financial stability and maintain complete transparency and accuracy in the system.˙What you will do:Responsible for:Accounts˙Payable:

  • Ensure that the Accounts Payable function is performed effectively in compliance with internal controls relating to Delegation Of Authority and verification of invoices. Process invoices in line with company policies and procedures, through shared services team.
  • Review advance payment requests received from internal business teams in line with company policy and procedures, documents are VAT Compliant, coordinate for revision, if any and further coordinate for approvals, payments through shared services teams and communicate back to business teams.
  • Effective coordination with internal business teams and Supply chain in order to process GRN, update banking details, obtain coding related information, and further liaison with shared services team to have the invoices processed in SAP. Assist in resolving other discrepancies in invoice processing.
  • Provide timely payment status updates internally and externally, and maintain healthy relations with supply˙chain.
  • Support line manager in handling additional ad hoc reporting and payment lists as necessarv.
˙Month-/ Year-end˙I˙Adhoc˙Reporting:
  • Prepare monthly advance report, follow up status with business teams and submit to shared services teams.
  • Effectively handle adhoc reporting requirements including subcontractor position,˙reconciliation queries and others˙reports.
  • Assist in monthly accrual preparation and other month end reports as necessary.
˙Budgets, Forecasts, Cash˙flows:
  • Weekly and Adhoc payment reporting to internal business˙teams.
  • Weekly Proiectwise cash flow˙report
˙Audits:
  • Ensure that Documents/ reports˙I˙schedules for statutory and˙I˙or internal audits are prepared and provided to the˙auditors as and when˙required.
˙Job Context:Define organizational policy and other factors that have a critical impact on the˙job
  • Organizational policies and˙procedures.
  • Accounting Standards (IAS /˙IFRS).
  • Adherence to limits specified in the group Delegation Of Authority (DOA)˙matrix.
  • Adherence to˙budgets.

Keyskills :

APPLY NOW

Related Jobs

© 2023 HireeJobsGulf All Rights Reserved