Manager - Accounts Payable

The First Group

Dubai
Permanent
Full-time

14 days ago

Headquartered in Dubai, UAE, The First Group is a dynamic, integrated global property developer with a fast-growing portfolio of upscale hotels, residential properties, F&B brands and real estate asset management services. Since our launch in 2005, we have carved a highly successful niche offering unrivalled property investment opportunities in high-growth markets to clients from more than 70 countries worldwide.We were among the first developers to identify the tremendous potential in providing private investors the opportunity to purchase hotel guestrooms, suites and serviced apartments in our collection of upscale properties located in highly popular locations across Dubai. We back up our success with a list of International Property awards along with strategic partnerships with companies such as Wyndham Hotel group, Millennium Hotels, Emirates Airlines and Jumeirah Hotels and Resorts.To successful candidates, we offer a diverse progressive corporate working environment with clear growth potential along with award winning sales & marketing tools, a state of the art showroom featuring Dubai’s only virtual helicopter tour and endorsements from a number of international sporting celebrities.Job DescriptionSupport the Finance department responsibilities in relation to processes, procedures, applicable rules and regulations. Principally, this will take the form of undertaking day-to-day monitoring and reporting the adherence of the business. The Accounts Payable Manager will be responsible for managing the day-to-day operations of the Accounts Payable department in a fast-paced and dynamic real estate development, asset management and hospitality group. This role requires strong leadership skills and a deep understanding of finance operations and financial processes, as well as a commitment to high attention to detail, accuracy and efficiency.

Oversee and manage the daily operations of the Accounts Payable department, including managing a team
Ensure timely and accurate processing of all invoices/requests
Maintain internal & external relationships and resolve any discrepancies or disputes and informing of status updates
Negotiating payment plans
Manage priorities quickly and efficiently
Ensure that all documentation / requests are in line with compliance and company policies and procedures, as well as applicable accounting and banking regulations
Setting up process maps and procedures and training all necessary team members / internal teams on full process
Develop and implement procedures to improve the efficiency, visibility, and accuracy of the Accounts Payable whole process
Collaborate with all other departments, including all other finance functions to support overall company goals
Assist in building forecasts and trackers to improve future visibility on upcoming payments
Build a strong team that work well together as one team to achieve goals
Provide regular reports on status of requests, payments, activity and performance
Communicate group Ageing reports
Implement new process on dealing with incoming requests
Managing increasingly high volumes of email requests
Define clear roles & responsibilities for team members
Perform other duties as assigned

Desired Skill & Expertise

Minimum of 5 years of experience in Accounts Payable management, with at least 3 years of experience leading a team
Strong understanding of accounting and banking principles and regulations
Excellent organizational and time management skills
Strong leadership and interpersonal skills
Ability to work in a fast-paced and dynamic environment
Excellent attention to detail and ability to maintain accuracy in high-volume transactions
Proficient in Microsoft Office/Excel skills
Experience in presenting reports to management
Experience in dealing independently with internal/ external auditors
Accountability for function
Understanding of group legal organisation structures with many entities

The First Group

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