Payable Accountant

Job Description

Job Purpose   

Payable Accountant job is to maintain suppliers’ ledgers, ensure timely recording of supplier invoices and payment process of critical suppliers to ensure timely delivery of material and services to support the business.  

Duties and Responsibilities

1   Receiving invoices from supplier and maintaining a log of invoices

2   Collect Purchase order from purchase department

3   Collect Material receipt from central warehouse

4   Cross verification of documents and rectification of error

5   Reconciliation of supplier ledger with Supplier statement of account in Al Baddad books

6   Arranging all the documents processing

7   Documents processing for payment (prepare front page for management signature, attaching the delivery notes, LPOs, supplier statement of account, supplier account reconciliation)

8   Recording of suppliers invoices in ERP

9   Collect payment voucher from treasury

10 Verifying all the payment as per the company rules or not

11 Recording of payment vouchers in ERP

12 Booked payment voucher transfer to document section

13 Bank transfers-posting

14 Attending Suppler meeting, supplier calls Supplier meetings

15 Filing of payment vouchers (suppliers invoices)

16 Providing required supporting document to project engineer /supervisors

17 Recording of international purchase

18 Prepare supporting documents to issue cheque to transporters and process the document for payment Processing payments of transport vendors

19 Coordinate with the other departments like purchase, marketing, factories, stores etc towards the payment perfection.

20 Recording of fixed assets transactions in the ERP

21 Provide supporting for document assets verification to the auditors

22 Prepare settlement letter and supporting document for cheque collection

23 Informing to supplier regarding payment

24 Prepare monthly report of consumption of elasticity water

25 Prepare monthly payments of accommodation expenses

26 Inventory Counting as and when required.

Qualifications

Bachelor’s degree in accounting, finance, Masters in accounting, finance or MBA finance

Knowledge, Skills and Abilities

At least 2 years of experience as payable accountant in contracting and construction business

– Excellent organizational skills and attention to detail

– Effective communication skills, both written and verbal

– Familiarity with auditing practices and compliance procedures.

– High level of integrity and commitment to maintaining confidentiality.

– Ability to work independently and as part of a team

– Ability to work under pressure and meet deadlines

Physical Requirements

·        To comply with safety and environmental requirements as per AL BADDAD HSE Policy.