Accounts Payable Executive

Accounts Payable Executive Job Location UAE Key Responsibilities Invoice Processing Ensure timely and accurate processing of invoices matching them with purchase orders and verifying their validity and accuracy Resolve any discrepancies or issues with vendors or internal stakeholders Vendor Management Maintain effective relationships with vendors including conducting vendor reconciliations addressing paymentrelated queries and resolving any payment disputes or discrepancies in a professional and timely manner Payment Processing Coordinate the timely processing of payments to vendors ensuring adherence to payment terms and internal policies Prepare payment runs including checks wire transfers and electronic payments and obtain necessary approvals before disbursing funds Expense Management Review and verify employee expense reports ensuring compliance with company policies Process reimbursements accurately and in a timely manner maintaining appropriate documentation for audit purposes MonthEnd Closing Assist in monthend closing activities including accruals account reconciliations and preparation of financial reports related to accounts payable Collaborate with the finance team to ensure accurate and timely reporting Compliance and Internal Controls Adhere to established internal controls policies and procedures for accounts payable processes Identify areas for improvement and recommend solutions to enhance efficiency and effectiveness Team Collaboration Collaborate with crossfunctional teams such as purchasing finance and receiving to streamline processes and improve communication regarding purchasing and payment activities Provide support and guidance to other team members as needed Reporting and Analysis Generate regular reports and perform analysis related to accounts payable metrics such as aging reports vendor performance and cash flow projections Identify trends and recommend actions to optimize cash flow and vendor management Qualifications and Skills Bachelors degree in Accounting Finance or a related field Prior experience in accounts payable within the hospitality industry is strongly preferred Knowledge of hospitality industryspecific systems e g property management systems purchasing systems is advantageous Strong understanding of generally accepted accounting principles GAAP and relevant regulatory requirements Proficient in using accounting software and Microsoft Office Suite particularly Excel Excellent attention to detail and accuracy with the ability to manage multiple tasks and prioritize effectively Strong analytical and problemsolving skills with the ability to identify process improvements and implement solutions Excellent verbal and written communication skills with the ability to collaborate effectively with internal and external stakeholders Proactive and selfmotivated with a commitment to delivering highquality work within established deadlines Ability to maintain confidentiality and handle sensitive financial information with professionalism and integrity