Nov 082017

The candidate will be the go-to leader for the Accounts Payable (AP) processes in the Dubai Hub Shared
Service Center including processing invoices, and payments within defined time periods and in accordance with company policies. The principal role of this position is to support the payment processing for entities across CEMEA – Central Europe, Middle East, and Africa. This role will have high visibility in the regional hub and beyond.

1.Perform AP responsibilities while considering the relevant CEMEA country business environment
2.Ensure processing/payment of invoices are in compliance with established key controls
3.Provide strong customer service and support and demonstrate initiative in preventing invoice and expense issues
4.Process and maintain accounting records for business units/sub-regional offices and other system interfaces to ensure a high quality of accounting accuracy, timeliness of reporting and compliance to corporate policies, GAAP, SEC and SOX requirements, including closing the payables
modules in the general ledger at each period end
5.Ensure AP and T&E transactions are captured, recorded, summarized and reported in compliance with policies & procedures, US GAAPs, IFRS, as well as statutory, corporate and tax requirements (as applicable).
6.Work closely with CEMEA Controller as well as other Finance team members to assess requirements for change in processes and procedures. Initiate and propose procedural changes to enhance data quality and process flows.
7.Assess financial impact of changes to accounting policies, processes and other parameters.
8.Drive continuous efficiency and effectiveness in day-to-day activities.
9.Analyze executed business transactions to detect anomalies and non-compliances. Work with other supporting functions to investigate report and assist the business units to remediate the issues and implement effective AP controls to avoid re-occurrence.
10.Ensure Withholding Tax and GST/VAT are properly accounted for and coded correctly, Record Indirect Taxes Appropriately.
11.Liaise with business owners and the Tax department on treatment of withholding taxes.
12.Perform tasks to set up for payment runs, including cash forecasting, close coordination with the Treasury department to adequately fund corporate bank accounts, input and review of all
payment batches, and reconciliation to bank statements to ensure payments processed
13.Partner with Sourcing Organization to ensure proper distribution of Purchase orders, and partner with business units to ensure invoices are properly received
14.Actively contribute in UAT (user acceptance test) for system enhancements, changes and new
system rollout

Job Details

Date Posted: 2017-11-08
Job Location: Dubai, United Arab Emirates
Job Role: Accounting and Auditing
Company Industry: Employment Placement Agencies/Recruiting

Preferred Candidate

Career Level: Mid Career

Source: Bayt Dubai Jobs

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