We are looking to hire a Manager-Accounts Payable for our client based in Dubai- which is one of the largest companies in the region. The ideal candidate will have a strong background in managing AP functions within a shared service environment from real estate/construction, coupled with proficiency in Oracle Fusion or similar ERP systems. As the AP Manager, you will be responsible for overseeing the end-to-end accounts payable process, ensuring accuracy, efficiency, and compliance.
The position is a contract role with an initial duration of 6 months and is potentially renewable.
Key responsibilities:
Leadership and Team Management:
- Lead and mentor a team of AP specialists to ensure high performance and adherence to best practices.
- Foster a collaborative and supportive team environment that promotes growth and development.
Process Optimization:
- Drive continuous improvement initiatives to streamline AP processes and enhance operational efficiency.
- Implement best-in-class AP practices and procedures to optimize workflow and minimize errors.
Vendor Management:
- Establish and maintain strong relationships with vendors, resolving any issues or discrepancies in a timely manner.
- Negotiate favorable payment terms and discounts with vendors to optimize cash flow management.
Compliance and Controls:
- Ensure compliance with company policies, procedures, and regulatory requirements related to AP processes.
- Develop and enforce robust internal controls to mitigate risks and prevent fraud.
Reporting and Analysis:
- Prepare regular AP reports and metrics to track performance, identify trends, and provide actionable insights.
- Conduct variance analysis and root cause investigations to address discrepancies and improve process accuracy.
System Administration:
- Serve as the primary administrator for the Oracle Fusion or similar ERP system, overseeing configurations, enhancements, and user access.
Knowledge, skills & experience:
- Bachelor’s Degree in Accounting, Finance or similar.
- Professional accounting qualification is preferred (CA, ACCA, CIMA, CFA, CPA)
- Minimum of 5 years of work experience in a finance function as an Accountant – AR, with demonstrated success in managing AP functions within a shared service environment.
- In-depth knowledge of Oracle Fusion or similar ERP systems, with hands-on experience in system administration and configuration.
- Strong understanding of accounts payable processes, including invoice processing, payment disbursement, and reconciliation.
- Excellent leadership and team management skills, with the ability to motivate and empower team members to achieve objectives.
- Analytical mindset with the ability to interpret financial data, identify trends, and make data-driven decisions.
- Exceptional communication skills, both written and verbal, with the ability to interact effectively with internal and external stakeholders.
- Detail-oriented approach with a focus on accuracy and compliance.
- Proficiency in Microsoft Office Suite and advanced user of Excel
- Functional understanding of current accounting software.
Availability:
- Preference will be given to candidates available immediately after accepting the offer.
We are looking for a candidate who will be able to work in United Arab Emirates. Please apply with your resume and remember to provide us with your contact details.
We will review your job application within 7 working days. Should your profile fit the requirements of the role a consultant from Edari will be in touch with you to get a deeper understanding of your profile, to discuss the role in more detail and potential next steps.