Head Of Accounts Payable
Dubai, United Arab Emirates
Job Description
Reporting directly to the Head of Financial Control, the successful candidate will play a pivotal role in managing the Accounts Payable function for the bank. This role requires a deep understanding of financial controls, compliance, and team leadership in a banking environment.
Key Responsibilities: * Lead and manage the Accounts Payable function, and overseeing a team of 4 staff members.
Key Responsibilities: * Lead and manage the Accounts Payable function, and overseeing a team of 4 staff members.
- Design, implement, and manage policies and procedures related to accounts payable activities to ensure compliance with the Bank\'s policies and procedures.
- Ensure accurate and timely processing of all invoices, maintaining the highest quality control standards.
- Continuously review control design and effectiveness, implement system and process enhancements, and manage KPIs associated with the AP team.
- Collaborate with the broader Finance team and key stakeholders across the bank.
- Engage with vendor on-boarding and approval processes, including tax-related procedures.
- Identify control gaps, suggest remediations, and raise process maturity.
- Contribute to systems upgrades and smooth implementation of the ERP system.
- Review analysis of invoices, ensure accuracy, appropriate documentation, and VAT compliance before approval.
- Oversee the creation of invoice payment templates for various systems.
- Manage all Accounts Payable KPIs within expected SLAs.
- Liaise with business stakeholders to resolve queries promptly.
- Minimum of 10 years of corporate experience with a strong understanding of banking practices and policies.
- Proven track record of leading Accounts Payable functions in the GCC region.
- Team leadership experience is essential.
- Proficiency in accounting software applications.
- Excellent verbal and written command of English.
- Strong communication and interpersonal skills
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Job Detail
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Job IdJD1626987
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationDubai, United Arab Emirates
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EducationNot mentioned