Overview
Senior Accountant Payable Jobs in Sharjah, UAE/Dubai at XAD Technologies LTD
Position Summary
The Senior Accountant – Accounts Payable is responsible for managing the end-to-end accounts payable function, ensuring timely and accurate processing of supplier invoices, maintaining strong financial controls, and supporting the organization’s financial reporting and compliance requirements. The role requires a detail-oriented finance professional with strong accounting knowledge, vendor management experience, contract review capabilities, and expertise in ERP-based accounting environments.
Key Responsibilities Accounts Payable
- Review and process supplier invoices, debit notes, and credit notes accurately and timely.
- Ensure three-way matching of Purchase Orders (PO), Goods Receipt Notes (GRN), and supplier invoices where applicable.
- Maintain vendor reconciliations and resolve discrepancies promptly.
- Monitor accounts payable aging and prepare payment proposals and schedules.
- Coordinate with procurement and operational teams to ensure smooth invoice processing and payment execution.
Compliance & Internal Controls
- Verify supporting documents and approval matrix compliance before posting transactions.
- Review VAT treatment and accounting accuracy in line with applicable regulations.
- Ensure adherence to company policies, procedures, and internal control requirements.
- Identify and prevent duplicate, unauthorized, or non-compliant payments.
Contract & Project Review
- Review supplier contracts, service agreements, and payment terms.
- Verify project cost allocations and expense classifications.
- Assess commercial terms and ensure payments are processed in accordance with contractual obligations.
- Support the review of supplier-related claims and payment disputes when required.
Reporting & Financial Close
- Prepare Accounts Payable aging reports, accrual schedules, and management reports.
- Support month-end, quarter-end, and year-end closing activities.
- Assist internal and external auditors by providing required schedules, reconciliations, and supporting documentation.
- Contribute to continuous improvement initiatives within the finance function.
Key Performance Indicators (KPIs)
- Invoice Processing Accuracy
- On-Time Supplier Payments
- AP Aging Management
- Vendor Reconciliation Completion
- Month-End Closing Timeliness
- Audit Compliance and Observations
- Internal Control Adherence
Qualifications & Experience
- Bachelor’s Degree in Accounting, Finance, or a related field.
- Professional qualification such as ACCA, CPA, CMA, CA, or equivalent is preferred.
- 5–8 years of relevant experience in Accounts Payable and General Accounting functions.
- Experience in contracting, engineering, telecom, technology, or project-based organizations will be an advantage.
Technical Skills
- Strong knowledge of Accounts Payable processes and Accrual Accounting.
- Ability to review contracts, payment terms, and commercial clauses.
- Knowledge of IFRS and VAT requirements.
- Experience with ERP systems such as Microsoft Dynamics 365 Business Central, SAP, Oracle, or equivalent.
- Advanced Microsoft Excel skills, including reconciliations, reporting, and data analysis.
- Strong analytical mindset with excellent problem-solving abilities.
Core Competencies
- Attention to Detail
- Professional Skepticism
- Contract Review Capability
- Vendor Relationship Management
- Time Management and Prioritization
- Effective Communication Skills
- Integrity and Accountability
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Title: Senior Accountant Payable
Company: XAD Technologies LTD
Location: Sharjah, UAE/Dubai
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