Transguard Workforce Solutions continues to lead the UAE market as a trusted partner for innovative and fully integrated HR services. With more than a decade of experience and a highly skilled team, we are proud to support organizations across the region with tailored workforce solutions.
We are currently hiring a Accounts Payable - 6 Months Contract Role on behalf of a prestigious client, based in their Dubai office.
Job Purpose
- Perform and coordinates accounts payable functions within the organization while supervising a small team of accountants in accordance with established corporate accounting policies and procedures.
- Responsible for preparing financial reports, performing account reconciliations, conducting variance analyses, and implementing corrective actions where necessary.
- Maintains supplier and general ledgers, assists with audit preparation and compliance activities, and performs detailed financial analysis of departmental chart of accounts by identifying and investigating unusual variances.
- Supports continuous improvement initiatives to improve operational efficiency and accuracy. Performs additional accounting and finance-related duties as assigned.
Job Description
- Prepare complex analyses and reports for the Accounts Payable function and recommend improvements to methods, controls, and processes based on findings.
- Monitor movements within assigned Chart of Accounts (COAs), investigate discrepancies, identify probable causes, and implement corrective actions within defined timelines.
- Supervise preparation of variance analyses between standard and actual costs; analyze root causes and recommend corrective measures to management.
- Maintain up-to-date GRNI (Goods Received Not Invoiced) records, monitor aging items, and investigate abnormal or overdue entries.
- Ensure assigned COAs are fully reconciled and maintained accurately on a timely basis.
- Oversee timely preparation and review of account reconciliations.
- Maintain financial databases and ensure proper documentation and archiving records.
- Interpret financial data by analyzing trends, variances, risks, and opportunities to support informed decision-making.
- Ensure integrity and accuracy of financial information through variance investigations and implementation of corrective actions.
- Analyze, record, and report accounting transactions accurately and within deadlines.
- Prepare general ledger journal entries and reconciliations while managing accounting transactions and maintaining ledger accuracy.
- Maintain trackers and monitoring tools to ensure timely and accurate payment processing. Monitor bank reconciliations and payment postings to ensure completeness and accuracy.
- Resolve moderately complex accounts payable issues and vendor-related concerns.
- Build and maintain strong working relationships with finance teams, internal stakeholders, suppliers, and auditors.
- Execute special assignments and finance projects as directed by management.
- Respond promptly to inquiries from management, auditors, and suppliers.
- Support monthly, quarterly, and annual financial closing activities.
- Perform and maintain reconciliations for supplier accounts, intercompany balances, purchases, customs, inventory, and GRNI accounts while resolving outstanding differences regularly.
- Prepare schedules and support documentation for annual audits.
- Investigate and resolve audit findings, accounting discrepancies, and compliance-related issues. Assist in the preparation, monitoring, and analysis of budgets and forecasts.
- Contribute to continuous process improvement initiatives and development of SOPs to enhance operational efficiency and internal controls.
- Consistently deliver results and meet deadlines, even under challenging circumstances.
- Assisting in preparation of regular cashflows forecast.
- Protects organization's value by keeping information confidential.
Skills
- Business Partnering - Collaborates with stakeholders and develops partnerships to drive performance that aligns to organizational goals and strategies; influences the organization by demonstrating knowledge of the business to provide guidance to support the decision making process and guiding the business towards positive results and organizational alignment; evaluates business environment using measures to mitigate risk and capitalize on opportunities.
- Financial Analysis - Interprets financial data by analyzing trends, variances, opportunities and risks to provide insight to stakeholders regarding financial impact to drive business improvement; evaluates financial results against targets to communicate conclusions to all stakeholders; ensures integrity of financial data by investigating variances and determining corrective actions to resolve identified issues.
- Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
- Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
- Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
- Customer focus - Building strong customer relationships and delivering customer-centric solutions.
- Nimble learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.
