Senior Accountant Account Payable Local Emirati Talent

About AL TAIF :

We are the leading provider of maintenance, repair and overhaul services, and comprehensive lifecycle support for land platforms, heavy utility vehicles and ground support equipment of the UAE Armed Forces. We empower our customer to focus on its missions, confident that its land-based platforms and systems, warfighters and other personnel are in optimal condition to operate at peak performance.

Key Responsibilities:

• Ensure payments are made within stipulated due dates and as per approved accounts payable policy based on duly supported approved documents. Review the correctness of invoices and all relevant attachments.
• Review arithmetical accuracy of invoices, payment requests, petty cash replenishment requests and ensure completeness of the documents in compliance with company policies and departmental procedures.
• Ensure supplier invoices are VAT compliant.
• Review charge codes and request corrections if required. Ensure compliance of purchase order or contract terms. Review vendor’s statements of accounts and balance relationships during the release of payments.
• Maintain payment documentation serial control by ensuring the proper recording of transactions in the accounting system; and that duplicate payments are not processed.
• Review and ensure telephone and utility bill balances are reconciled, summarised and paid on time. Resolve any issues with vendor offices.
• Review periodic reconciliation of supplier accounts and liaise with the supplier and/or other departments to close open items.
• Review the accrual list and the prepaid log, following up on aged items. Ensure the updated recurring accrual list is maintained.
• Review the accounts payable ageing report and follow-up on aged items.
• Ensure the completeness of supporting documents for accounts payable invoices and payment vouchers.
• Ensure supplier invoices are recorded in the financial system and/or logged into the pending invoices log on the day of receiving the document.
• Review the payment package, ensure the invoices are noted with the receiving date and an explanation is given to support delayed payments and/or apparent delays. Check penalty applicability for delayed deliverables.
• Review the unmatched receiving in the financial system and carry out an analytical review of the aged unmatched receiving transactions.
• Provide details for manual inclusion of transactions in quarterly VAT returns for the transactions pending to be recorded in the financial system.
• Act as the intermediary for clarification of vendor payment timing issues and participate in internal/external auditor issues as required.
• Assist in the timely month close as per the expected timeline.
• Support other members of the finance department in fulfilling their roles.
• Maintain the confidentiality and security of all company documents.Perform other duties as required by their line manager or the Director, Finance.
  
  

• Bachelors degree in Finance or Accounting required. An accounting certificate from an accredited institution may be accepted in lieu of a degree
• A minimum of four to five years of general accounting office experience is required, in accounts payable is an advantage.
• Previous experience with automated Enterprise Report Planning (ERP) or accounts payable accounting systems is preferred.
  
  

• Thorough understanding of computer based financial principles is an advantage.
• The ability to prioritise work and remain task/project focussed is an advantage.
• Excellent analytical skills are an advantage.
• Knowledge of International Finance Reporting Standards (IFRS), Cost Accounting Standards (CAS) and other related standards is preferred.
• Proficiency in the use of Microsoft Office Software is required.The ability to communicate effectively in English, both in writing and verbally is required; Arabic is an advantage.