Job Title: Finance Officer

Basic Function: As a Finance Officer - Managing Accounts Payable function

Core Company Principles

• Care passionately about Abu Dhabi - Euro Mechanical is aligned to the Vision of Abu Dhabi (Abu Dhabi has a core commitment to build a sustainable and diversified, high value-added economy) and we wish to encourage this commitment throughout the company.
• Understand, identify with and promote Euro Mechanical brand beliefs \xe2\x80\x93 Proficient, Reliable, Collaborative and with Integrity.
• Believes in and follows Euro Mechanical\'s Code of Ethics and Business Conduct.

Responsibilities:

• Verification of Vendor Invoices with relevant supporting documents and Purchase Order/ Contracts and further processing/posting..
• Maintaining Vendor Master and updating relevant documents (Trade Licence, VAT Certificate, Power of Attorney, Bank Account details, Vendor Accounts Department contact details etc)
• Requesting statement of Account from Vendor every month and Reconciliation of statement received from Vendors.
• Submission of payment proposal of all Vendors as per payment terms agreed in Purchase order/ Contract.
• Verification and processing of non Purchase Order Invoices.
• Liaising with Procurement team and operations team of all Business units in updating POs/ GRN in system.
• Maintaining list of Vendor invoices that are unable to be posted in system and coordinating with relevant teams to resolve issues and post the invoices.
• Responsible for manual cost accrual for the month end.
• Responsible for Vendor Subledger Reconciliation.
• Ageing of Vendor by Business Unit and Review for aged advance paid to Vendors and Outstanding to Vendors.
• Assist in payment forecast.
• Recommend procedures and policies that ensure and improve timely accounting of all Vendor Invoices.
• Develop and document Accounts Payable process.
• Validate cost allocation of non PO vendor invoices
• Automate payment advises to Vendors.
• Track advance payments and ensure that they are settled against validated Invoices.
• Respond to all Vendor queries, research and correct discrepancies.
• Identify and initiate Accounts payable and Accounts receivable setoff.

Desired Experience and/or Qualifications:

• 2-3 years of relevant experience as in similar role.
• Bachelor degree in relevant disciplin

Personal Attributes:

• Ability to communicate effectively with teams and Vendors.
• Ability to manage change and effectively pass information up and down the Finance Department to concerned teams for smoother execution.
• Excellent judgment, analytical thinking, and problem-solving skills
• An ability to drive to big picture goals and milestones while valuing and maintaining a strong attention to detail
• Self-motivated individual that possesses excellent time management and organizational skills
• Strong cross-functional collaboration skills, relationship building skills and ability to achieve results without direct reporting relationships
• Strong verbal and written communication skills and the ability to present a polished, professional, and diplomatic image to all stakeholders
• Strong sense of personal responsibility and accountability for delivering high quality work.

Required Competencies:

Action oriented, Manages Complexity, Financial Acumen, Nimble learning, Collaborates, , Decision quality, Strategic mindset, Communicates effectively, Plans and aligns, Resourcefulness, Business Insight, Drives results, Self- Development,

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Euro Mechanical