Accounts Payable Lead- Dubai

KEY RESPONSIBILITIES:

• Review Accounts Payable aging reports to ensure timely invoice payments
• Receive, verify and post in the appropriate general ledger account all payables
• Reconcile invoices against purchase orders / contracts and GRNs
• Verify vendor accounts by reconciling monthly supplier statements
• Perform three-way match process before payments and coordinate with operations and functions to obtain all required documentation
• Prepare bank payment vouchers and prepare cheques & online bank payments
• Receive acknowledgements from suppliers against payments processed
• Check bank statements daily to identify cleared payments and post entries in general ledger
• Verify petty cash payment against supporting documents and process payments in adherence with finance policy and controls
• Prepare bank reconciliations
• Credit card reconciliations
• Inter-company invoice recording and Inter-company control account reconciliations
• Maintain proper record keeping of payment vouchers
• Correspond with suppliers, as required
• Maintain books of accounts for entity assigned
• Apart from the duties and responsibilities listed above, any other additional duties as advised by the management from time to time