Experience: 1 to 4 years (at least 1 year of experience in the UAE)
Salary: Up to 3500 AED
Job Purpose:
The Junior Accounts Payable Associate is responsible for managing and processing vendor invoices and payments in a timely and accurate manner, while ensuring compliance with the company’s financial policies. The role involves regular interaction with vendors and internal departments to resolve payment-related issues.
Key Responsibilities:
Invoice Processing: Verify, process, and post supplier invoices accurately in the accounting system. Ensure proper documentation and approvals are obtained before processing payments. Payment Management: Prepare payment schedules and process payments through online banking and cheque issuance. Ensure timely payments to vendors to maintain strong supplier relationships. Reconciliation: Reconcile supplier statements with the company’s ledger to resolve discrepancies. Assist in monthly closing activities by providing necessary data for accurate financial reporting. Vendor Relations: Communicate with vendors regarding payment statuses and resolve any invoice discrepancies. Compliance: Ensure all financial transactions comply with company policies, VAT regulations, and relevant legal requirements. Reporting: Generate regular reports on accounts payable status and payments made. Support the finance team with ad-hoc financial reports and audits when required. Qualifications and Skills:
Education: Bachelor’s degree in Accounting, Finance, or related field. Experience: 1 to 4 years of accounts payable or finance experience, with at least 1 year of experience in the UAE. Technical Skills: Proficiency in accounting software (e.g., QuickBooks, SAP, or similar). Strong knowledge of MS Excel for financial reporting. Attention to Detail: High level of accuracy in processing financial information. Communication Skills: Strong verbal and written communication skills for liaising with vendors and internal teams. Problem-Solving Skills: Ability to identify and resolve invoice and payment discrepancies efficiently. Preferred:
Familiarity with UAE VAT laws. Knowledge of financial regulations and best practices in the UAE.