Senior Accountant

Role Overview

The Senior Accountant is responsible for managing vendor payments, invoice processing, and expense controls for car rental operations. The role ensures timely and accurate recording and settlement of payments to vendors, including vehicle suppliers, garages, fuel vendors, insurance companies, and other service providers, while maintaining compliance with applicable accounting standards and tax regulations, including VAT and Corporate Tax. The executive will also be responsible for reconciling supplier statements, monitoring rebates and discounts, coordinating with insurance providers, and supporting month-end and year-end accounting processes to ensure smooth, accurate, and compliant financial operations. The role requires strong analytical skills and the flexibility to handle any other duties or assignments as required by management from time to time.

Key Responsibilities

Accounting & Reporting:

• Month-end and year-end closing.
• VAT return preparation and reconciliation of UAE VAT and knowledge of UAE Corporate Tax and
• Knowledge and understanding of IFRS & GAAP
• Coordinate with banks, auditors, and regulatory authorities
• Perform different kinds of variance analysis (Eg. Monthly account analysis to explain actual and budgeted variances), part with budgets, forecasts, and financial modelling, and interpret financial data for management
• Assist in all kinds of statutory audits and internal audits.
• Compile reconciliations analysis for Balance Sheet Items
• Preparation of Cash Flow Reports Actuals and Projected
• Post accounting entries in accounting software (SAP, Oracle, etc.)
• Liaison with business management and operational personnel to improve business
• Monthly AP ledger reconciliation and closing activities along with to resolve vendor queries and discrepancies promptly

• Track and follow up on buy-back vehicles, ensuring collections are made within agreed timelines.
• Verify and process invoices against contracts, purchase orders, and service agreements
• Ensure timely payment of vendors as per agreed credit terms along with monthly payment schedules.
• Identify and implement efficiencies in accounting processes and systems.
• Provide backup support to other accounting team members during emergencies or leave periods to ensure continuity of operations.
• Participate in networking and business development activities for personal and professional growth

Process Improvement & Controls:

• Ensure adherence to internal controls and SOPs
• Identify opportunities to improve AP processes and turnaround time.

Required Skills and Competencies

Education:

• CA Inter (required)

Experience:

• At least 310 years of experience, preferably in the Car Rental, Fleet Management, or Mobility Services industry.

Technical Skills:

• Strong knowledge of Accounts Payable processes, including verification, reconciliation, and payment cycles.
• Experience with ERP and accounting systems such as SAP, Oracle, Microsoft Dynamics, or similar.
• Proficiency in Microsoft Excel, including Pivot Tables, VLOOKUP/XLOOKUP, IF formulas, and data analysis.

Behavioral Skills:

• High attention to detail and accuracy.
• Ability to manage multiple vendors and meet deadlines.
• Strong coordination and communication skills.
• Analytical and problem-solving mindset.
• Ability to participate in and conduct meetings effectively.
• Positive work ethic and a collaborative team approach.