Cost Accountant

We are seeking an experienced Accounts Payable & Accounts Receivable Specialist with strong SAP expertise to join our finance team in the UAE. This is a full-time position offering an excellent opportunity to manage critical accounting operations while working with advanced ERP systems in a professional environment.

Core Technical Skills:

•       SAP (Oracle, NetSuite, Tally, or similar ERP systems)

•       Accounts Payable (AP) module proficiency

•       Accounts Receivable (AR) module proficiency

•       General Ledger (GL) reconciliation

•       ERP system configuration and process optimization

Accounting & Finance Expertise:

•       Invoice processing and verification

•       Purchase order (PO) matching (three-way matching)

•       Vendor management and reconciliation

•       Customer invoice management and collections

•       Payment processing (bank transfers, cheques, SWIFT)

•       Month-end and year-end closing procedures

•       Bank reconciliation

•       Debit/Credit memo processing

Compliance & Regulatory Knowledge:

•       UAE VAT regulations and compliance

•       UAE Labor Law and accounting standards

•       IFRS/International accounting standards

•       Internal audit and control procedures

Soft Skills & Competencies:

•       Strong attention to detail and accuracy

•       Excellent organizational and time management skills

•       Problem-solving and analytical abilities

•       Strong communication skills (written and verbal)

•       Ability to work independently and as part of a team

•       Proficiency with Microsoft Office suite (Excel, Word, Outlook)

PRIMARY RESPONSIBILITIES

Accounts Payable (AP) Operations:

1.    Process and accurately record supplier invoices in SAP accounting system

2.    Match invoices with purchase orders (PO), delivery notes, and contracts

3.    Verify invoice accuracy including amounts, VAT calculations, supplier details, and approvals

4.    Prepare and process supplier payment schedules (SWIFT transfers, cheques, local transfers)

5.    Maintain vendor ledgers and reconcile balances against supplier statements

6.    Follow up on discrepancies with suppliers and internal departments

7.    Manage document filing and maintain complete audit trails for all AP transactions

8.    Monitor payment terms and due dates to prevent aged payables

Accounts Receivable (AR) Operations:

9.    Issue customer invoices and ensure proper recording in SAP system

10. Maintain and reconcile customer accounts and ledgers

11. Monitor customer outstanding balances and prepare aging reports

12. Coordinate with sales team for collection follow-ups and payment reminders

13. Record incoming payments (bank transfers, cheques, cash deposits)

14. Reconcile customer payments with issued invoices

15. Prepare customer statements of account (SOA) as required

16. Assist with credit control procedures and customer credit limit monitoring

Petty Cash Management:

17. Maintain and manage petty cash fund in accordance with company policies

18. Record all petty cash transactions with supporting documents and receipts

19. Ensure all expenses are approved with valid invoicing

20. Perform periodic reconciliation of petty cash balances

21. Prepare replenishment requests and maintain audit documentation

General Accounting Support:

22. Assist with month-end and year-end closing and reconciliations

23. Maintain accurate financial records and all supporting documentation

24. Ensure compliance with company policies and accounting standards

25. Support external and internal audits with required financial information

REQUIRED QUALIFICATIONS

•       Bachelor's degree in Accounting, Finance, Business Administration, or related field

•       Minimum 5 years of hands-on experience in Accounts Payable and/or Accounts Receivable

•       Proven SAP experience (modules: FI-AP, FI-AR, SAP Finance) OR Oracle, NetSuite, Tally, Business Central

•       Strong knowledge of UAE VAT regulations and accounting compliance

•       Excellent understanding of IFRS and accounting principles

•       Advanced proficiency with Microsoft Excel (VLOOKUP, pivot tables, formulas)

•       Strong analytical, organizational, and communication skills

•       Valid UAE work visa or legal right to work in UAE

PREFERRED QUALIFICATIONS

•       Professional accounting certifications (CPA, ACCA, ACA, CMA)

•       SAP training certificate or SAP SuccessFactors learning modules

•       Experience with SAP Ariba or procurement modules

•       Prior experience in trading, retail, manufacturing, or construction sectors

•       Experience with financial planning and analysis (FP&A)

•       Bilingual proficiency (Arabic and English)

WHY APPLY FOR THIS ROLE?

•       Work with state-of-the-art ERP systems (SAP) in a modern business environment

•       Competitive salary package with benefits

•       Professional development and continuous learning opportunities

•       Supportive team environment with experienced finance professionals

•       Career growth opportunities in a dynamic UAE business landscape

EQUAL OPPORTUNITY STATEMENT

We are committed to providing equal employment opportunities to all qualified candidates regardless of race, color, religion, gender, age, national origin, or disability status. We celebrate diversity and are dedicated to building an inclusive workplace.