VP Payments UAE National

Mark Williams are currently recruiting for a VP Payments for a well-known Financial Services company based in Dubai. You will be working in a small team and report into the CFO and is a newly created role

We are looking for an experienced finance professional to lead a centralised payments function supporting multiple entities and locations.

The role will be responsible for overseeing high-volume payment activities, accounts payable, financial controls, reconciliations, VAT and related accounting processes. You will also play a key role in improving processes, implementing automation and ensuring strong financial governance across the organisation.

Key Responsibilities

• Oversee payments to external suppliers and service providers

• Manage payments relating to employees

• Ensure all payments are processed accurately, efficiently and within agreed timelines

• Review and approve payment requests, ensuring the appropriate approvals and controls are in place

• Identify and prevent duplicate, incorrect or unauthorised payments and minimise financial risk

• Oversee month-end activities, including accruals, provisions, cost allocations and expense analysis

• Manage reconciliations across multiple accounts, entities and locations, ensuring outstanding items are investigated and resolved promptly

• Oversee suspense accounts, prepayments, supplier advances and other balance sheet items, ensuring timely clearance

• Support quarterly and annual financial reporting requirements, including balance sheet schedules, variance analysis and audit requirements

• Manage VAT-related transactions and ensure compliance

• Work closely with Finance, Operations, HR, IT and other departments to resolve payment and accounting issues

• Identify opportunities to automate and improve existing finance and payment processes

• Lead system enhancements and implementations, including requirements gathering, testing and successful implementation

• Support the implementation of accounts payable and finance systems for new entities or business units

• Develop and maintain strong financial controls, policies and procedures.

• Manage outsourced finance activities and ensure appropriate service levels, training and performance standards are maintained

Key Requirements

• Minimum 10 year’s experience within finance and accounting.

• Strong experience across Accounts Payable, payments, General Ledger, fixed assets and financial controls

• Experience managing a high-volume, multi-entity finance environment

• Strong understanding of accounting policies, procedures and governance

• Experience with finance/ERP systems and implementing or improving financial processes

• Strong analytical and problem-solving skills

• Experience managing and developing finance teams

• Good understanding of financial compliance

• Excellent communication and stakeholder management skill

• Ability to work effectively in a fast-paced and changing environment

What the Role Offers

This is a senior finance leadership position with responsibility for a large centralised payments operation. The successful candidate will have the opportunity to influence finance processes, controls, systems and automation across the wider organisation