Accounts Payables Accountant - Oracle Fusion

We are seeking a detail-oriented Senior Executive – Accounts Payable who will be responsible for managing end-to-end accounts payable operations, ensuring timely invoice processing, supplier payments, reconciliations, and compliance with financial policies while driving operational efficiency and continuous process improvements for our client based in Ras al Khaima, an esteemed group companies in the region. This position is a contract role with an initial duration of 4 months and is highly renewable. Key Responsibilities • Review, validate, and process PO and Non-PO invoices accurately and within agreed timelines. • Process supplier payments in accordance with approved payment terms and company policies. • Resolve supplier, invoice, and payment-related queries in a timely manner. • Perform supplier statement reconciliations and follow up on outstanding invoices, credit notes, and payment discrepancies. • Reconcile AP balances, GRNI, supplier advances, and other balance sheet accounts, ensuring timely clearance of outstanding items. • Investigate and resolve reconciliation variances and aged balances. • Support month-end and year-end closing activities, including AP accruals and reconciliation schedules. • Ensure compliance with company policies, Delegation of Authority (DOA), VAT regulations, and internal controls. • Support internal and external audits by preparing and providing the required documentation. • Identify and prevent duplicate, incorrect, or non-compliant payments. • Collaborate with Procurement, Treasury, General Ledger, Reconciliation teams, and business stakeholders to resolve operational issues. • Monitor AP KPIs, SLAs, and aging reports to ensure service delivery targets are achieved. • Contribute to process improvement, automation, and ERP system enhancement initiatives. Knowledge, Skills & Experience • Bachelor's Degree in Accounting, Finance, Commerce, or a related discipline. • 5–7 years of experience in Accounts Payable or Finance Operations. • Experience working with Oracle Fusion is mandatory. • Experience in a Shared Services or high-volume transaction processing environment is preferred. • Strong knowledge of Accounts Payable and Procure-to-Pay (P2P) processes. • Hands-on experience in supplier statement and account reconciliations. • Strong analytical, problem-solving, and reconciliation skills. • Excellent stakeholder management and communication abilities. • Advanced Microsoft Excel and financial reporting skills. Availability • Preference will be given to candidates who are immediately available. Show more Show less

Bachelor's Degree in Accounting, Finance, Commerce, or a related discipline. 5–7 years of experience in Accounts Payable or Finance Operations. Experience working with Oracle Fusion is mandatory. Experience in a Shared Services or high-volume transaction processing environment is preferred. Strong knowledge of Accounts Payable and Procure-to-Pay (P2P) processes. Hands-on experience in supplier statement and account reconciliations. Strong analytical, problem-solving, and reconciliation skills. Excellent stakeholder management and communication abilities. Advanced Microsoft Excel and financial reporting skills.

Review, validate, and process PO and Non-PO invoices accurately and within agreed timelines. Process supplier payments in accordance with approved payment terms and company policies. Resolve supplier, invoice, and payment-related queries in a timely manner. Perform supplier statement reconciliations and follow up on outstanding invoices, credit notes, and payment discrepancies. Reconcile AP balances, GRNI, supplier advances, and other balance sheet accounts, ensuring timely clearance of outstanding items. Investigate and resolve reconciliation variances and aged balances. Support month-end and year-end closing activities, including AP accruals and reconciliation schedules. Ensure compliance with company policies, Delegation of Authority (DOA), VAT regulations, and internal controls. Support internal and external audits by preparing and providing the required documentation. Identify and prevent duplicate, incorrect, or non-compliant payments. Collaborate with Procurement, Treasury, General Ledger, Reconciliation teams, and business stakeholders to resolve operational issues. Monitor AP KPIs, SLAs, and aging reports to ensure service delivery targets are achieved. Contribute to process improvement, automation, and ERP system enhancement initiatives.