Job Summary

We are looking for an experienced Accounts Payable Accountant with real estate accounting experience and hands-on knowledge of Oracle NetSuite. The candidate will be responsible for managing the complete Accounts Payable cycle, ensuring accurate and timely processing of supplier invoices, payments, reconciliations, and month-end closing activities.

Key Responsibilities

• Manage the full Accounts Payable cycle for real estate entities and properties.

• Receive, review, verify, and process supplier invoices, ensuring proper approvals and supporting documentation.

• Record and process invoices, credit notes, debit notes, and payment transactions in Oracle NetSuite.

• Ensure accurate coding and allocation of invoices to the correct entity, property, project, department, cost center, and account.

• Process property-related invoices, including maintenance, utilities, service charges, property management fees, contractors, consultants, insurance, and other operating expenses.

• Verify invoices against purchase orders, contracts, work orders, delivery notes, and approved supporting documents.

• Maintain accurate supplier/vendor master data and ensure proper vendor account setup in NetSuite.

• Perform regular supplier statement reconciliations and resolve discrepancies and outstanding balances.

• Prepare payment requests and payment schedules based on agreed supplier credit terms and management approvals.

• Monitor AP ageing and ensure timely settlement of outstanding supplier balances.

• Reconcile the Accounts Payable sub-ledger with the General Ledger and investigate any differences.

• Record and monitor accruals, prepayments, and outstanding expenses relating to properties and projects.

• Assist with monthly, quarterly, and year-end closing activities and ensure all liabilities are properly recorded.

• Prepare AP ageing reports, outstanding payment reports, and other management reports as required.

• Coordinate with property management, procurement, finance, suppliers, and other departments to resolve invoice and payment issues.

• Maintain complete and organized supporting documentation for audit and tax purposes.

• Assist with VAT, Corporate Tax, audit, and financial reporting requirements.

• Ensure compliance with company accounting policies, internal controls, and applicable accounting standards.

• Utilize NetSuite reports and dashboards to monitor AP transactions, vendor balances, and payment status.

• Perform other accounting and AP-related duties as assigned by management.

Desired Candidate Profile

Requirements

• Bachelor's degree in Accounting, Finance, or a related field.

• 3–5 years of Accounts Payable experience, preferably within the UAE real estate or property management sector.