Accounts Payable Lead MEA Tiffany & Co Dubai

Accounts Payable Lead MEA at Tiffany & Co in Tiffany & Company, Office, Jumeirah Emirates Office Tower, 1/2, 13a Street, Dubai, UAE will be reporting to the Financial Controller, the candidate will be responsible for overseeing the Accounts Payable function, ensuring accurate and adherence to internal controls & compliance with company policies and regulations. Job holder will play a crucial role in maintaining strong vendor relationships, optimizing processes & supporting the overall financial operations of the organization. This is an Intermediate level full time job. And salary can range between 8000-15000 AED/month.

Responsibilities of Accounts Payable Lead

• Ensure all invoices are approved in line within the company’s Delegation of Authority.
• Validate all Vendor review and compliance is completed and in line with company procedures.
• Ensure appropriate handling of invoices as per local tax regulation.
• Process and post invoices in the system in accordance with internal controls and regulatory compliance.
• Assist in the preparation of monthly, quarterly and annual financial statements.
• Perform ongoing reconciliation of accounts and clarify any differences.
• Ensure timely payment by preparing and executing payment runs and bank transfers.
• Regularly reconcile supplier accounts and provide remittance information to suppliers.
• Review and respond to queries in all accounts payable mailboxes on time.
• Support the monthly financial close process, including accruals.
• Prepare and analyze aged creditor reports on a monthly basis.
• Set up monthly trade payments as required.
• Manage the employee expenses process, ensuring accurate and timely reimbursements.
• Prepare key performance indicators (KPIs) related to accounts payable.
• Maintain supplier records in all relevant systems.
• Ensure strict adherence to internal controls and compliance requirements.
• Review existing processes and propose improvements when necessary.

Requirements for Role of Accounts Payable Lead

• Bachelor’s degree, business major or accounting diploma.
• Minimum 5 years experience in accounts payable.
• Proven experience in accounts payable, preferably in a leadership role.

Skills And Knowledge Desired

• Fluency in Arabic.
• Knowledgeable in GCC VAT law, especially in UAE and KSA.
• Strong knowledge of accounting principles, regulations, and internal controls.
• Familiarity with local tax regulations related to accounts payable.
• Proficient in using accounting software and systems.
• Excellent attention to detail and accuracy.
• Strong analytical and problem-solving skills.
• Effective communication and interpersonal skills.

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