AP & AR Accountant – Upto AED 5K – Dubai

Location : Dubai, U.A.E
Salary: Upto AED 5K

CVs: Resume@macgroup.me

General Purpose:

The AP & AR – Accountant is responsible for providing scheduled support to the Finance Head in accordance with company policies and procedures. Maintaining accurate and up-to-date accounts payable and receivable sub-ledgers and monthly account reconciliations utilizing industry specific computer software are key components of this position.

Essential Duties and responsibilities:

Accounts Payable:

  • • Process vendor and supplier invoices, in a timely manner, verifying accuracy, approvals and account coding in accordance with company requirements.
  • • Communicates with suppliers regarding status of invoices and payments
  • • Manage domestic, consignment and import suppliers
  • • Ensures approval and signed off the expense by the appropriate authority.
  • • Prepares cheques and associated reports, as required in accordance with company schedules.
  • • Prepare and maintain pre-authorize payments monthly or as required.
  • • Prepare all Accounts Payable sub-ledger journals for posting to General Ledger monthly.
  • • Reconcile Accounts Payable sub-ledger to General Ledger monthly.
  • • Reconciling processed work by verifying entries and comparing system reports to balances.
  • • Respond to vendor inquiries as required like telephone inquiries & written requests.
  • • Month wise reconciliation of creditor ledger with their SOA. Identify and resolve discrepancies.
  • • Prepare and analysis of creditors aging report and co-ordinate meetings with Merchandising team.
  • • Prepare monthly payment plan based on creditors aging report, Fund availability & priority listing.
  • • Handling Telegraphic Transfers & Trade Finance Facilities.
  • • Prepare and maintain creditor’s data base/supplier master files & contracts/agreements.
  • • Negotiating credit terms with suppliers and takes initiative steps to prepare a mutually agreed payment plan.
  • • Intercompany accounting and reconciliation.
  • • New project payment tracking, processing and Capex accounting.

Accounts Receivable:

  • • Monitor status of accounts receivable & follow up for timely collection
  • • Maintain and distribute accurate listing of overdue accounts and suspensions in accordance with company policies.
  • • Refer overdue accounts to line manager for follow up, adjustments, write- off or collections.
  • • Respond to client or payer account inquiries as required.
  • • Collecting receivables on time without breaking relationship with debtors/clients.
  • • Prepare & Maintain Debtors data base/client master files & contracts/agreements.

General Accounting:

  • • Any other work related to Finance / Accounts assigned from time to time.
  • • Communicates any financial and/or fraud concerns to the Finance Head in a timely manner.
  • • Accomplishes the result by performing the duty.
  • • Contributes to team effort by accomplishing related results as needed.
  • • Assist the Finance Head with monthly general ledger reconciliations as required & Assist in VAT filing process.
  • • Assist with month end close and with year-end audit.
  • • Posts expenses to appropriate accounts as per the stores/cost centers in an automated accounting system.
  • • Updates job knowledge by participating in educational opportunities.
  • • Ensure financial records are maintained including proper audit trail
  • • Managing petty cash and associated expenses.
  • • New project payment tracking, processing and Capex accounting.
  • • Maintain & manage prepaid & accrued expense booking.

This posting is just an outline of the basic responsibilities and requirements for the position, there is more to being a member of this client so just keep in mind that this is not a comprehensive list of everything the job will entail. Your duties, responsibilities and activities may change. Company management reserves the right to amend the stated job description at any time to align with the business requirements.

Please refrain from applying if your profile is not exact match for this role. CVs to Resume@macgroup.me

Whilst we will endeavor to contact you following your application, due to the high volume of applications if you have not had notification from us within 24 hours please take your application as not being successful this time, we will keep your details in the database for future opportunities.

NB:Please note that, not getting shortlisted for a role is no reflection on your skills or qualifications; it simply means that the hiring manager is giving more priority to many other specific factors other than skills or experience which are relevant to this position based on their current business requirements.*

Please note that candidates are NOT selected merely based on skills/experience . Majority of the Hiring Managers use Talent Analytics that check various factors based on their previous hires, including Suitability to team/company culture, Possible duration a candidate sticks with the company, Nature of client-pool, Work locations/timings, Market Knowledge and many other factors that add value to business. The hiring decisions are taken to run the business at low-risk in steady, optimized, efficient manner.


Apply only if the role is 70% match to your previous job role . Due to shortage of time/resources only shortlisted candidates will be contacted - Resume@macgroup.me

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