Accounts Payable Executive Job Vacancy in UAE Dubai
Posted date [2024-07-18]
(ID: 31203)
FIVE Hotels and Resorts includes the Dare-To-Be-Different FIVE Palm Jumeirah, the Uber-Cool FIVE Jumeirah Village, the Swiss-Chic-Meets-Dubai-Glam FIVE Zurich, and Dubai’s Most Glam Beach Resort, FIVE LUXE. FIVE is a Thriving Community of like-minded individuals that are laser-focused on their Disruptive Goals. Join a team of passionate FIVE Tribe Members and deliver ‘FIVE-Star’ service, enjoy exceptional growth opportunities and experience a vibrant environment where the FIVE party never stops!... |
Are You Ready for a Daring Challenge with The Worlds Hottest Luxury Hotel Group? Disruptive by Design, FIVE Hotels and Resorts is Redefining FIVE-Star Hospitality and Setting the Gold Standard across the Industry.
Join the FIVE Tribe - and Get Ready to Make Waves.
The Candidate
A Driven Self-Starter, you have Excellent Communication, Leadership and Organisational Skills. As an Astute Creative and Critical Thinker, you can Conceptualise and Implement Innovative Solutions in a Fast-Paced Environment. Not even the Smallest Detail Escapes Your Keen Eye and You Execute Tasks Proactively with Precision and Finesse. A Can-Do! Attitude Coupled with An Inherent Flair for Taking Ownership Makes You a Highly Motivated Go-Getter.
Your Outgoing and Approachable Nature enables you to Seamlessly Connect with other FIVERs and key Stakeholders, ensuring that Their and Your Journey at FIVE is nothing short of Sensational. Joining our Finance Team as an Accounts Payable Executive will Empower you to deliver Exceptional Experiences across our award-winning Lifestyle Destinations. Jump on Board and Unlock your Potential in a Buzzing Environment that will take your Career to New Heights!
What Were Looking For
A Bachelor's Degree in Finance/Commerce or a related field is preferred.
2-3 years of Experience in a similar or related role.
Preference CA Inter/Semi Qualified, knowledge of UAE VAT Regulations.
Impeccable Negotiation and Communication Skills, both verbal and written, with fluency in English.
Remarkable understanding of Credit Risk Management principles and practices.
Excellent analytical and decision-making skills.
Superior Problem-Solving Skills and the competence to Exceed Expectations in dynamic and competitive operational environments.
Strong familiarity with and understanding of relevant Financial Software and Systems.
A hands-on attitude, fuelled by a Can-Do! Spirit.
Key Responsibilities
Books and Processes Vendor Invoices accurately and efficiently using the Sun system, ensuring proper coding, authorisation, and documentation.
Reconciles Vendor Statements, investigates, and resolves discrepancies in a timely manner, collaborating with vendors and internal stakeholders as needed.
Performs regular Bank Reconciliations to ensure sensational Accuracy and Completeness of financial transactions.
Prepares and Performs Payment Runs, including vendor/supplier payments, payroll salary administration, and other disbursements, ensuring adherence to payment terms and company policies.
Maintains Accurate Records of accounts payable transactions in the general ledger and ensures they are properly Documented and Archived for auditing purposes.
Assists in Month-End Closing activities including accruals, account reconciliations, and preparation of reports for management review.
Monitors Accounts Payable Ageing and takes proactive measures to ensure timely payments to vendors, minimising the risk of late fees and penalties.
Collaborates with Procurement and other Departments in a FIVE-Star Manner to Resolve Invoice and Payment-Related Issues, providing exceptional service to both internal and external stakeholders.
Reviews and Reconciles FIVER Expense Reports, ensuring next-level compliance with Company Policies and accurate recording in the general ledger.
Assists with Audits by providing necessary documentation and reconciliations, and Support to Auditors, ensuring Compliance with Internal Controls and Regulatory Requirements.
Ensures Systematic Formal Approval of Invoices and related supporting documents from Heads of Department and Management.
Ensures 'FIVE-Styled' Compliance with Internal Policies and external Regulatory Requirements.
The Team
Join the FIVE Tribe - and Get Ready to Make Waves.
The Candidate
A Driven Self-Starter, you have Excellent Communication, Leadership and Organisational Skills. As an Astute Creative and Critical Thinker, you can Conceptualise and Implement Innovative Solutions in a Fast-Paced Environment. Not even the Smallest Detail Escapes Your Keen Eye and You Execute Tasks Proactively with Precision and Finesse. A Can-Do! Attitude Coupled with An Inherent Flair for Taking Ownership Makes You a Highly Motivated Go-Getter.
Your Outgoing and Approachable Nature enables you to Seamlessly Connect with other FIVERs and key Stakeholders, ensuring that Their and Your Journey at FIVE is nothing short of Sensational. Joining our Finance Team as an Accounts Payable Executive will Empower you to deliver Exceptional Experiences across our award-winning Lifestyle Destinations. Jump on Board and Unlock your Potential in a Buzzing Environment that will take your Career to New Heights!
What Were Looking For
A Bachelor's Degree in Finance/Commerce or a related field is preferred.
2-3 years of Experience in a similar or related role.
Preference CA Inter/Semi Qualified, knowledge of UAE VAT Regulations.
Impeccable Negotiation and Communication Skills, both verbal and written, with fluency in English.
Remarkable understanding of Credit Risk Management principles and practices.
Excellent analytical and decision-making skills.
Superior Problem-Solving Skills and the competence to Exceed Expectations in dynamic and competitive operational environments.
Strong familiarity with and understanding of relevant Financial Software and Systems.
A hands-on attitude, fuelled by a Can-Do! Spirit.
Key Responsibilities
Books and Processes Vendor Invoices accurately and efficiently using the Sun system, ensuring proper coding, authorisation, and documentation.
Reconciles Vendor Statements, investigates, and resolves discrepancies in a timely manner, collaborating with vendors and internal stakeholders as needed.
Performs regular Bank Reconciliations to ensure sensational Accuracy and Completeness of financial transactions.
Prepares and Performs Payment Runs, including vendor/supplier payments, payroll salary administration, and other disbursements, ensuring adherence to payment terms and company policies.
Maintains Accurate Records of accounts payable transactions in the general ledger and ensures they are properly Documented and Archived for auditing purposes.
Assists in Month-End Closing activities including accruals, account reconciliations, and preparation of reports for management review.
Monitors Accounts Payable Ageing and takes proactive measures to ensure timely payments to vendors, minimising the risk of late fees and penalties.
Collaborates with Procurement and other Departments in a FIVE-Star Manner to Resolve Invoice and Payment-Related Issues, providing exceptional service to both internal and external stakeholders.
Reviews and Reconciles FIVER Expense Reports, ensuring next-level compliance with Company Policies and accurate recording in the general ledger.
Assists with Audits by providing necessary documentation and reconciliations, and Support to Auditors, ensuring Compliance with Internal Controls and Regulatory Requirements.
Ensures Systematic Formal Approval of Invoices and related supporting documents from Heads of Department and Management.
Ensures 'FIVE-Styled' Compliance with Internal Policies and external Regulatory Requirements.
The Team
