Accounts Receivable & Accounts Payable Specialist LM-3-0726

About the Role

We are seeking a proactive, detail-oriented, and highly organized Accounts Receivable & Accounts Payable Specialist to join our Finance team. The ideal candidate will be responsible for managing customer collections, supplier payments, account reconciliations, inventory-related accounting, and ensuring the accuracy and integrity of financial records.

This role requires excellent analytical skills, strong ERP system experience, and the ability to work efficiently in a fast-paced engineering and contracting environment.

Key Responsibilities

Accounts Receivable (AR)

• Prepare and issue customer invoices accurately and on time.
• Monitor customer accounts and proactively follow up on outstanding payments.
• Maintain and review the Accounts Receivable Aging Report.
• Reconcile customer accounts and resolve billing or payment discrepancies.
• Record and allocate customer payments accurately.
• Coordinate with the Sales, Service, Installation, and Operations teams to resolve invoicing and collection issues.
• Prepare weekly and monthly collection reports for management.
• Support cash flow management through timely collections and regular follow-up.
• Monitor customer credit limits and payment behavior.

Accounts Payable (AP)

• Review, verify, and process supplier invoices.
• Prepare supplier payment schedules while ensuring payments are made within agreed credit terms.
• Process local and international supplier payments.
• Maintain accurate vendor records and supplier reconciliations.
• Resolve supplier payment discrepancies promptly.
• Track and manage Post-Dated Cheques (PDCs).
• Ensure compliance with company approval procedures and financial policies.

General Accounting

• Record daily accounting transactions and journal entries.
• Perform monthly bank reconciliations.
• Reconcile customer, supplier, and general ledger accounts.
• Assist with month-end and year-end closing activities.
• Maintain accurate accounting records and supporting documentation.
• Ensure all financial transactions are properly recorded in the ERP system.
• Support internal and external audits by maintaining audit-ready documentation.
• Assist in VAT documentation and ensure compliance with UAE VAT regulations.
• Prepare financial reports and schedules as required by management.
• Inventory & ERP Management
• Maintain accurate inventory accounting records.
• Perform inventory reconciliations and stock verification.
• Monitor inventory transactions within the ERP system.
• Ensure accurate and timely updates in Odoo ERP (or equivalent ERP system).
• Support inventory reporting and cost tracking.
• Maintain the integrity and accuracy of accounting data within the ERP system.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• Minimum 3–5 years of experience in Accounts Receivable, Accounts Payable, and General Accounting.
• Previous UAE experience is preferred.
• Strong understanding of accounting principles and financial reporting.
• Good knowledge of UAE VAT regulations and documentation requirements.
• Hands-on experience with Odoo ERP is highly preferred.
• Experience with ERP systems such as Odoo, SAP, Zoho Books, QuickBooks, Microsoft Dynamics, or similar.
• Advanced proficiency in Microsoft Excel (Pivot Tables, XLOOKUP/VLOOKUP, formulas, reporting).
• Experience in inventory accounting and stock reconciliation.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational skills.
• Ability to manage multiple priorities and meet deadlines.
• Excellent communication and interpersonal skills.
• Preferred Industry Experience

Candidates with experience in one or more of the following industries will be given preference:

• Elevators & Escalators
• Engineering
• Construction
• Contracting
• Manufacturing
• Technical Services
• Trading
• Personal Attributes

We’re looking for someone who is:

• Highly organized and detail-oriented.
• Proactive and able to work independently.
• Reliable, trustworthy, and committed to accuracy.
• Comfortable handling large volumes of financial transactions.
• Strong in systems and process improvement.
• A collaborative team player with excellent communication skills.
• Eager to learn, grow, and build a long-term career within the organization.

What We Offer

• Competitive salary package.
• Professional and supportive work environment.
• Career development and training opportunities.
• Long-term career growth within a well-established and growing company.
• Opportunity to work with one of the leading companies in the elevators and escalators industry.

Join Our Team

If you are passionate about accounting, thrive in a fast-paced environment, and have the skills to manage both Accounts Receivable and Accounts Payable with accuracy and professionalism, we would love to hear from you.

Apply now and become part of our growing team!