No Of Resource :- 02
Location :- Onsite
NP :- Immediate
Email :- hr@staffconnect.ae
WhatsApp :- +971 529421270
Job description
To ensure accurate bookkeeping of the procure to pay (P2P) transactions and financial reporting of the P2P balances as per the applicable accounting standards and company’s policies.
Liability, Payment & Petty Cash
- Post invoices for the suppliers and perform a maker role for the liability creation in Oracle and Bank Platforms.
- Seek and provide advice on the resolution of rejected documents.
- Monitor payments processed and coordinate with all stakeholders for any issue resolution.
- Prioritize the critical suppliers/payments and process to expedite the requests.
Accuracy & Accounting
- Ensure timely and accurate processing and accounting of payments in accordance with the accounting standards.
- Seek guidance for any clarification on accounting, VAT/Tax and IPC/RERA/Bank related issues.
- Monitor payment schedules, ageing files, and bank reconciliation and provide guidance to junior staff who are involved in daily transactions.
- Work with the QA team on any clean-up exercises.
Policies, Systems, Processes & Procedures
- Follow all relevant P2P departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.
- Process review in PM WEB validation, data clean-up & data migration & other BAU projects/initiatives, UATs and change management.
- Ensure compliance to defined P2P Payment processes and documentation requirements and retention are complied.
- Continuous Improvement
- Continuously work with the tower lead & other team members on improving the processes.
Reporting
- Contribute to the period closure activities.
- Prepare ad hoc reports as required by team leads and tower leads
Frameworks
- Operates within the framework and boundaries of company policies as well as overall organizational and governance frameworks.
- Authorized to take decisions as per the approved authorization matrix.
Minimum Qualification
- Total experience 5-6 years, UAE experience 2-3 years (Real Estate Background essential in UAE)
- CA Finalist, MCOM, MBA ACCA or equivalent preferred.
Minimum Experience
- Minimum of 3 years of experience in a similar role preferably in the real estate industry.