Payable Supervisor – Dubai
Published | October 22, 2024 |
Location | Dubai, United Arab Emirates |
Category | Chefs / F&B / Housekeeping / Hospitality |
Job Type | Full-time |
Industry | Hospitality |
Description
Job Summary:
The Payable Supervisor is responsible for overseeing the accurate and timely processing of all payments and invoices, ensuring compliance with financial procedures and policies. This role plays a key part in maintaining the financial health of the hotel by managing accounts payable functions, adhering to strict accounting standards, and providing leadership to the finance team.
Responsibilities:
- Oversee and ensure the timely and accurate preparation of payments to vendors and suppliers.
- Verify and authorize invoices, ensuring all supporting documentation is received and properly recorded.
- Supervise the reconciliation of accounts payable ledgers and ensure all transactions are recorded in accordance with company policies.
- Conduct regular audits to ensure compliance with financial and accounting systems.
- Manage the monthly accounts payable age analysis, providing detailed reports to the finance department.
- Collaborate with other departments to resolve any discrepancies related to payments and invoices.
- Monitor vendor relationships to ensure timely payments and effective communication.
- Support month-end and year-end closing processes by ensuring accurate financial reporting.
- Train and mentor junior finance staff to ensure adherence to accounting standards and procedures.
- Assist with budgeting and forecasting processes related to payable expenses.
Requirements:
- Strong knowledge of accounting principles and financial processes, especially in accounts payable.
- Experience working in a finance department, preferably in a 5-star luxury international hotel.
- Excellent organizational skills with the ability to manage multiple tasks and deadlines.
- Strong attention to detail and accuracy in processing financial data.
- Critical thinking and problem-solving skills, with the ability to resolve payment discrepancies.
- Proficiency in financial software and accounting systems.
- Ability to communicate clearly and professionally with vendors, team members, and other departments.
Level of Education:
Bachelor’s degree in Accounting, Finance, or a related field; relevant certifications preferred.
Work Hours:
Full-time, with flexibility for month-end closing and special projects.
Experience in Months:
60+ months (5+ years) of experience in finance or accounts payable, with a supervisory role in a hospitality setting preferred.