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Role Overview

The role holder is responsible for executing the various activities pertaining to general ledger, accounts payable, accounts receivable activities for Otis - Entity. The role holder is responsible for maintaining the entry of payments, vetting and clearing invoices and preparing aging reports on pending dues. The role holder shall carry out his duties in accordance with the stipulated business policies and procedures.

Key Responsibilities

• Executes all monthly general ledger procedures including journal entry preparation, discrepancy resolution, and account analysis and reconciles with sub ledgers.
• Executes for all monthly accounts payable procedures including preparing journal vouchers and batches for entry of payment transactions (payments, debit notes, credit notes, and invoices).
• Executes for all monthly accounts receivables procedures including preparing journal vouchers and batches for entry of receivables transactions (receipts, debit notes, and credit notes).
• Receives invoices and performs invoice matching and reconciling with delivery notes against invoices and purchase order.
• Prepares accounts payable cheques and wire-transfers with payment vouchers for necessary approval.
• Periodically makes reconciliations with major suppliers/vendors/contractors and arranges for balance confirmations.
• Validates customer history, credit ceiling or aging reports and updates the stakeholders on late receipts.
• Receives payments and receipts, record them and performs matching and remittance.

Minimum Qualifications

• Bachelor’s degree in Finance/Accounting or equivalent
• Relevant certification such as Certified Management Accountant (CMA) or equivalent is preferred
• Minimum of 3 years of relevant experience across financial accounting functions
• At least 2 years in positions of progressively increasing responsibilities
• Fluent written and spoken English essential, Arabic preferred

If you live in a city, chances are we will give you a lift or play a role in keeping you moving every day. 

Otis is the world’s leading elevator and escalator manufacturing, installation, and service company. We move 2.4 billion people every day and maintain approximately 2.4 million customer units worldwide, the industry's largest Service portfolio.  

You may recognize our products in some of the world’s most famous landmarks including the Eiffel Tower, Empire State Building, Burj Khalifa and the Petronas Twin Towers! We are 72,000 people strong, including engineers, digital technology experts, sales, and functional specialists, as well as factory and field technicians, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse, global team with a proven legacy of innovation that continues to be the bedrock of a fast-moving, high-performance company.  

When you join Otis, you become part of an innovative global industry leader with a resilient business model. You’ll belong to a diverse, trusted, and caring community where your contributions, and the skills and capabilities you’ll gain working alongside the best and brightest, keep us connected and on the cutting edge.  

We provide opportunities, training, and resources, that build leadership and capabilities in Sales, Field, Engineering and Major Projects and our Employee Scholar Program is a notable point of pride, through which Otis sponsors colleagues to pursue degrees or certification programs.   

Today, our focus more than ever is on people. As a global, people-powered company, we put people – passengers, customers, and colleagues – at the center of everything we do.  We are guided by our values that we call our Three Absolutes – prioritizing Safety, Ethics, Quality in all that we do. If you would like to learn more about environmental, social and governance (ESG) at Otis click here.  

Become a part of the Otis team and help us #Buildwhatsnext! 

Otis is An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other protected class according to applicable law. To request an accommodation in completing an employment application due to a special need or a disability, please contact us at [Click to show email].

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