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Majid Al Shamsi Enterprises LLC is seeking an experienced Accounts Payable Accountant to join its Finance team in Dubai. The ideal candidate should have strong expertise in accounts payable operations, project-based accounting, and construction industry finance processes.
The successful candidate will manage the complete accounts payable cycle, handle supplier and subcontractor payments, support financial reporting activities, and ensure accurate cost allocation across projects. Candidates with experience in ERP systems, import transactions, and project costing will be preferred.
Key Responsibilities:
• Manage the complete Accounts Payable cycle for local and international suppliers.
• Perform PO–GRN–Invoice three-way matching and ensure accurate invoice processing.
• Handle subcontractor payments, retention amounts, advance recovery, and certified payment applications.
• Process import invoices, LC/TT transactions, and related import documentation.
• Verify and allocate landed costs, including freight, insurance, customs duty, clearance, and transportation expenses.
• Ensure accurate cost allocation to projects, jobs, cost centers, and WIP accounts.
• Prepare bank reconciliations and investigate payment discrepancies.
• Monitor vendor ageing and ensure timely processing of payments according to credit terms.
• Support month-end closing, GRNI/accruals, audits, and financial reporting activities.
Requirements:
• Bachelor’s Degree in Accounting, Finance, or Commerce.
• 5–6 years of relevant Accounts Payable experience.
• Minimum 2 years of experience in construction, contracting, or project-based organizations.
• Strong experience in import procurement, LC processing, and landed cost accounting.
• Knowledge of project/job costing and WIP accounting.
• Understanding of Incoterms and import documentation.
• Familiarity with VAT and customs duty treatment.
• Strong Excel and ERP skills; Odoo experience is an advantage.
• Excellent coordination and communication skills.
• Strong knowledge of:
• Accounts payable processes and supplier management.
• Construction accounting, project costing, and WIP accounting.
• ERP systems, Excel reporting, and financial reconciliation.
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