Finance Executive

We are seeking a detail-oriented Finance Payables Executive to manage and oversee the accounts payable operations for our travel company. The ideal candidate will handle payment processing, reconciliation, and vendor management while ensuring compliance with company policies and UAE financial regulations.

Accounts Payable Management:

• Process and record supplier invoices, ensuring accuracy and timeliness.
• Verify invoice details with purchase orders and contracts.
• Ensure proper approval and coding of invoices as per company policies.

Payment Processing:

• Prepare and execute payments to vendors via bank transfers, checks, or other payment modes.
• Monitor payment schedules to maintain healthy cash flow and avoid penalties.

Vendor Reconciliation:

• Reconcile vendor accounts periodically and resolve any discrepancies.
• Maintain strong relationships with suppliers and negotiate payment terms when necessary.

Expense Management:

• Process employee reimbursements and travel expense claims.
• Ensure compliance with corporate expense policies.

Compliance and Documentation:

• Maintain accurate and organized records of payables and supporting documents.
• Ensure adherence to UAE VAT laws and other regulatory requirements.
• Assist in audits by providing necessary documents and clarifications.

Reporting:

• Prepare and analyze accounts payable aging reports.
• Assist in monthly, quarterly, and annual financial closings.
• Provide input for cash flow projections related to payables.
  

Educational Background:

• Bachelors degree in Finance, Accounting, or a related field.

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Experience:

• 25 years of experience in accounts payable, preferably in the travel industry.
• Familiarity with UAE VAT regulations and compliance is required.

Technical Skills:

• Proficient in accounting software (e.g., SAP, Oracle, or Tally).
• Advanced MS Excel skills for data analysis and reporting.

Soft Skills:

• Strong attention to detail and problem-solving abilities.
• Excellent communication and negotiation skills.
• Ability to work in a fast-paced, deadline-driven environment.