Assistant General Manager - Accounts Payable

Job Title – Assistant General Manager – Accounts Payable
Location: Dubai, UAE

About the Role

We are seeking an experienced and strategic Assistant General Manager – Accounts Payable to lead the Accounts Payable function, ensuring efficient invoice processing, vendor management, payment controls, and financial compliance. The role is responsible for driving process excellence, strengthening internal controls, leading AP transformation initiatives, and managing a high-performing team while supporting the organization's financial and operational objectives. Experience in real estate, construction, property development, or shared services environments is highly preferred.

Key Responsibilities

Accounts Payable Leadership

• Lead the end-to-end Accounts Payable function, ensuring timely and accurate processing of vendor invoices, payments, and expense claims.
• Develop and implement AP strategies, policies, and procedures to improve operational efficiency.
• Ensure compliance with internal approval workflows, financial controls, and company policies.
• Drive service excellence by maintaining high standards for accuracy, turnaround time, and vendor satisfaction.

Vendor & Payment Management

• Oversee vendor onboarding, master data governance, and account reconciliations.
• Manage payment cycles, cash flow planning, and payment scheduling in coordination with Treasury.
• Resolve complex vendor disputes, payment issues, and reconciliation discrepancies.
• Build and maintain strong relationships with suppliers, contractors, and key stakeholders.

Financial Reporting & Month-End Close

• Lead month-end and year-end AP closing activities.
• Ensure accurate reconciliation of AP sub-ledgers with the general ledger.
• Prepare AP ageing reports, accruals, payment forecasts, and management reports.
• Support statutory audits, internal audits, and financial reporting requirements.

Process Improvement & Digital Transformation

• Identify opportunities to automate and optimize Accounts Payable processes.
• Lead ERP enhancements, workflow automation, OCR implementation, and process standardization initiatives.
• Monitor AP performance metrics and implement continuous improvement programs.
• Drive best practices to improve efficiency, compliance, and cost optimization.

Compliance & Internal Controls

• Ensure compliance with IFRS, UAE VAT regulations, and internal financial policies.
• Strengthen internal controls to minimize financial and operational risks.
• Monitor adherence to procurement policies and payment authorization procedures.
• Ensure complete and accurate documentation for all AP transactions.

Team Leadership & Stakeholder Management

• Lead, mentor, and develop Accounts Payable managers, supervisors, and finance staff.
• Establish KPIs and performance objectives for the AP team.
• Collaborate with Procurement, Finance, Treasury, Project Teams, and senior management to improve financial operations.
• Foster a culture of accountability, collaboration, and continuous improvement.

Qualifications & Experience

• Bachelor's Degree in Accounting, Finance, Commerce, or a related discipline.
• Professional qualification such as CA, ACCA, CPA, CMA, or equivalent is highly preferred.
• 12–18 years of progressive experience in finance and accounting, including at least 5 years in a leadership role managing Accounts Payable.
• Strong experience in real estate, construction, property development, infrastructure, or shared services environments.
• Extensive knowledge of AP processes, financial controls, ERP systems (SAP, Oracle, Xpedeon, or similar), IFRS, and UAE VAT regulations.

Key Skills & Competencies

• Accounts Payable leadership
• Procure-to-Pay (P2P) process management
• Vendor management and reconciliation
• Financial reporting and month-end close
• ERP systems (SAP, Oracle, Xpedeon, or similar)
• Internal controls and compliance
• Cash flow and payment planning
• Process automation and digital transformation
• Leadership and team development
• Advanced Microsoft Excel and financial analysis
• Strategic planning and problem-solving

What We Offer

• Competitive executive salary and comprehensive benefits package
• Opportunity to lead a high-performing finance function within a leading real estate organization
• Professional and collaborative work environment
• Career growth and leadership development opportunities
• Exposure to large-scale projects, finance transformation initiatives, and strategic business operations

Apply now!