Overview

About the job

Job Description
Job Title: Senior Accountant – P2P
Job Location: Dubai

Job Role:

To ensure accurate bookkeeping of the procure to pay (P2P) transactions and financial reporting of the P2P balances as per the applicable accounting standards and policies.

Roles & Responsibilities: Liability, Payment & Petty Cash:

  • Post invoices for the suppliers and perform a maker role for the liability creation in Oracle and Bank Platforms.
  • Seek and provide advice on the resolution of rejected documents.
  • Monitor payments processed and coordinate with all stakeholders for any issue resolution.
  • Prioritize the critical suppliers/payments and process to expedite the requests.

Accuracy & Accounting:

  • Ensure timely and accurate processing and accounting of payments in accordance with the accounting standards.
  • Seek guidance for any clarification on accounting, VAT/Tax and IPC/RERA/Bank related issues.
  • Monitor payment schedules, ageing files, and bank reconciliation and provide guidance to junior staff who are involved in daily transactions.
  • Work with the QA team on any clean-up exercises.

Policies, Systems, Processes & Procedures:

  • Follow all relevant P2P departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.
  • Process review in PM WEB validation, data clean-up & data migration & other BAU projects/initiatives, UATs and change management.
  • Ensure compliance to defined P2P Payment processes and documentation requirements and retention are complied.

Continuous Improvement:

  • Continuously work with the tower lead & other team members on improving the processes.

Reporting:

  • Contribute to the period closure activities.
  • Prepare adhoc reports as required by team leads and tower leads.

Experience & Education:

  • Total experience 5-6 years, UAE experience 2-3 years (Real Estate Background essential in UAE)
  • CA Finalist, MCOM, MBA ACCA or equivalent preferred.
  • Minimum of 3 years of experience in a similar role in the real estate industry

About ParamInfo

ParamInfo is a Global Leader in providing Consulting, IT Services, IT Solutions, and Outsourcing. We are one of the fastest growing IT service providers with operations in UAE, India and USA. With a result-oriented approach, quality deliverables, and successful long term relationships represent ParamInfo's professionalism, dedication, passion and dynamism as leaders. Providing solutions aimed at improving business management through streamlining business and IT processes.