Accounts Payable Analyst
Job Description
The candidate will be the go-to leader for the Accounts Payable (AP) processes in the Dubai Hub Shared
Service Center including processing invoices, and payments within defined time periods and in accordance with company policies. The principal role of this position is to support the payment processing for entities across CEMEA – Central Europe, Middle East, and Africa. This role will have high visibility in the regional hub and beyond.
KEY RESULT AREAS
Perform AP responsibilities while considering the relevant CEMEA country business environment
Ensure processing/payment of invoices are in compliance with established key controls
Provide strong customer service and support and demonstrate initiative in preventing invoice and expense issues
Process and maintain accounting records for business units/sub-regional offices and other system interfaces to ensure a high quality of accounting accuracy, timeliness of reporting and compliance to corporate policies, GAAP, SEC and SOX requirements, including closing the payables
modules in the general ledger at each period end
Ensure AP and T&E; transactions are captured, recorded, summarized and reported in compliance with policies & procedures, US GAAPs, IFRS, as well as statutory, corporate and tax requirements (as applicable).
Work closely with CEMEA Controller as well as other Finance team members to assess requirements for change in processes and procedures. Initiate and propose procedural changes to enhance data quality and process flows.
Assess financial impact of changes to accounting policies, processes and other parameters.
Drive continuous efficiency and effectiveness in day-to-day activities.
Analyze executed business transactions to detect anomalies and non-compliances. Work with other supporting functions to investigate report and assist the business units to remediate the issues and implement effective AP controls to avoid re-occurrence.
Ensure Withholding Tax and GST/VAT are properly accounted for and coded correctly, Record Indirect Taxes Appropriately.
Liaise with business owners and the Tax department on treatment of withholding taxes.
Perform tasks to set up for payment runs, including cash forecasting, close coordination with the Treasury department to adequately fund corporate bank accounts, input and review of all
payment batches, and reconciliation to bank statements to ensure payments processed
successfully
Partner with Sourcing Organization to ensure proper distribution of Purchase orders, and partner with business units to ensure invoices are properly received
Actively contribute in UAT (user acceptance test) for system enhancements, changes and new
system rollout Qualifications
Professional
Degree in Accounting and professional accounting qualification (ACA, ACCA CPA or equivalent)
Minimum 6 years of AP experience in a multinational services firm environment with additional experience in expense accounting
Hands on experience with US GAAP/IFRS and SEC/statutory requirements
Exposure to cross border payments and knowledge of regional bank standards
Experience in a multi-currency environment, including FX transactions
Bachelor’s Degree in Accounting or Finance (or equivalent experience)
English fluency is required; Knowledge of Russian, Arabic preferred
Experience in a Big 4 accounting firm is preferred
Technical
Required systems experience: Oracle R11i and 12 GL, AP, PO, iExpense, iProcurement; Knowledge of Markview 170 Systems, OBIEE, Primavera, Discoverer modules preferred
Strong technical accounting skills, and experience researching and documenting accounting issues
Knowledge of Microsoft office applications – Excel, Word, Access
Conceptual and working knowledge of financial database
Familiar with CEMEA tax regimes (, VAT, GST) with an ability to process invoices in view of accounting and tax implications
Business
Strong business ethics
Ability to work well under pressure with little or no supervision and juggle multiple priorities
Excellent written and verbal communication skills, and ability to work well in a fast paced and high volume environment
Superior communication and personal skills; commitment to customer service
Strong problem solving and organizational skills
Additional Information
All your information will be kept confidential according to EEO guidelines.
Apply to Job
The candidate will be the go-to leader for the Accounts Payable (AP) processes in the Dubai Hub Shared
Service Center including processing invoices, and payments within defined time periods and in accordance with company policies. The principal role of this position is to support the payment processing for entities across CEMEA – Central Europe, Middle East, and Africa. This role will have high visibility in the regional hub and beyond.
KEY RESULT AREAS
Perform AP responsibilities while considering the relevant CEMEA country business environment
Ensure processing/payment of invoices are in compliance with established key controls
Provide strong customer service and support and demonstrate initiative in preventing invoice and expense issues
Process and maintain accounting records for business units/sub-regional offices and other system interfaces to ensure a high quality of accounting accuracy, timeliness of reporting and compliance to corporate policies, GAAP, SEC and SOX requirements, including closing the payables
modules in the general ledger at each period end
Ensure AP and T&E; transactions are captured, recorded, summarized and reported in compliance with policies & procedures, US GAAPs, IFRS, as well as statutory, corporate and tax requirements (as applicable).
Work closely with CEMEA Controller as well as other Finance team members to assess requirements for change in processes and procedures. Initiate and propose procedural changes to enhance data quality and process flows.
Assess financial impact of changes to accounting policies, processes and other parameters.
Drive continuous efficiency and effectiveness in day-to-day activities.
Analyze executed business transactions to detect anomalies and non-compliances. Work with other supporting functions to investigate report and assist the business units to remediate the issues and implement effective AP controls to avoid re-occurrence.
Ensure Withholding Tax and GST/VAT are properly accounted for and coded correctly, Record Indirect Taxes Appropriately.
Liaise with business owners and the Tax department on treatment of withholding taxes.
Perform tasks to set up for payment runs, including cash forecasting, close coordination with the Treasury department to adequately fund corporate bank accounts, input and review of all
payment batches, and reconciliation to bank statements to ensure payments processed
successfully
Partner with Sourcing Organization to ensure proper distribution of Purchase orders, and partner with business units to ensure invoices are properly received
Actively contribute in UAT (user acceptance test) for system enhancements, changes and new
system rollout Qualifications
Professional
Degree in Accounting and professional accounting qualification (ACA, ACCA CPA or equivalent)
Minimum 6 years of AP experience in a multinational services firm environment with additional experience in expense accounting
Hands on experience with US GAAP/IFRS and SEC/statutory requirements
Exposure to cross border payments and knowledge of regional bank standards
Experience in a multi-currency environment, including FX transactions
Bachelor’s Degree in Accounting or Finance (or equivalent experience)
English fluency is required; Knowledge of Russian, Arabic preferred
Experience in a Big 4 accounting firm is preferred
Technical
Required systems experience: Oracle R11i and 12 GL, AP, PO, iExpense, iProcurement; Knowledge of Markview 170 Systems, OBIEE, Primavera, Discoverer modules preferred
Strong technical accounting skills, and experience researching and documenting accounting issues
Knowledge of Microsoft office applications – Excel, Word, Access
Conceptual and working knowledge of financial database
Familiar with CEMEA tax regimes (, VAT, GST) with an ability to process invoices in view of accounting and tax implications
Business
Strong business ethics
Ability to work well under pressure with little or no supervision and juggle multiple priorities
Excellent written and verbal communication skills, and ability to work well in a fast paced and high volume environment
Superior communication and personal skills; commitment to customer service
Strong problem solving and organizational skills
Additional Information
All your information will be kept confidential according to EEO guidelines.
Apply to Job