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Majid Al Shamsi Enterprises LLC is seeking an experienced Accounts Payable Accountant to strengthen its Finance team in Dubai. The ideal candidate will have a solid background in accounts payable operations within construction or project-based organizations and possess strong knowledge of ERP systems.
This role involves handling the complete accounts payable process, managing supplier payments, supporting project cost allocation, and ensuring accurate financial records. Candidates with experience in import procurement, landed cost accounting, and month-end financial activities are encouraged to apply.
Key Responsibilities:
• Manage the complete Accounts Payable process for local and international suppliers.
• Perform accurate PO, GRN, and Invoice three-way matching before invoice posting.
• Process subcontractor payments, retention amounts, advance recoveries, and certified payment applications.
• Handle import invoices, LC/TT transactions, and related import documentation.
• Verify and allocate landed costs, including freight, insurance, customs duty, transportation, and clearance charges.
• Allocate costs accurately to projects, cost centers, jobs, and Work-in-Progress (WIP).
• Prepare bank reconciliations and resolve any discrepancies promptly.
• Monitor vendor ageing reports and ensure payments are made within agreed credit terms.
• Support month-end closing activities, GRNI, accruals, audits, and financial reporting.
Requirements:
• Bachelor’s Degree in Accounting, Finance, or Commerce.
• 5–6 years of Accounts Payable experience.
• Minimum 2 years of experience within construction, contracting, or project-based organizations.
• Strong knowledge of import procurement, LC processing, and landed cost accounting.
• Good understanding of project/job costing and WIP accounting.
• Familiarity with Incoterms and import documentation.
• Knowledge of VAT and customs duty treatment.
• Strong proficiency in MS Excel and ERP systems.
• Odoo ERP experience will be an advantage.
• Excellent coordination, analytical, and communication skills.
Strong knowledge of:
• Accounts Payable Management
• Import Procurement & Landed Cost Accounting
• ERP Systems (Odoo Preferred)
• Project Costing & WIP Accounting
• VAT, Customs Duty & Incoterms
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