Accounts Payable

Company Description
SO/ Ras Al Khaimah is part of a coveted collection of hotels rooted in the world of fashion, commanding attention with it’s avant-garde design and creative approach to the world of luxury. This is a place where we celebrate brilliant individuals – you, our SO/ Icons. Welcome to your invite to the Front Row, a place where self-expression and experience count in equal measure.

Company Description
SO/ Ras Al Khaimah is part of a coveted collection of hotels rooted in the world of fashion, commanding attention with it’s avant-garde design and creative approach to the world of luxury. This is a place where we celebrate brilliant individuals – you, our SO/ Icons. Welcome to your invite to the Front Row, a place where self-expression and experience count in equal measure.

• Invoice Processing:
  Review and process all vendor invoices accurately and efficiently, ensuring they are recorded in the system and comply with company policies.
• Payment Management:
  Prepare and execute timely payments to vendors in accordance with established payment terms, maintaining a clear record of all transactions.
• Vendor Reconciliation:
  Reconcile vendor statements and resolve discrepancies between vendor records and the hotel’s accounts payable system.
• Purchase Orders & Contracts:
  Ensure that all invoices are supported by appropriate purchase orders and contracts, and match the terms agreed upon with vendors.
• Expense Reporting:
  Assist in the preparation of monthly expense reports and financial statements related to payables.
• Accounting Entries:
  Record and maintain accurate accounting entries for all payables transactions, ensuring that they are aligned with the hotel’s budget and financial goals.
• Vendor Communication:
  Establish and maintain positive working relationships with vendors, addressing inquiries and resolving any issues related to billing, payments, or account discrepancies.
• Payment Schedule Management:
  Manage the company’s payment schedule, ensuring that all payables are paid on time, and optimize cash flow management.
• Compliance & Documentation:
  Ensure compliance with local tax regulations, accounting policies, and financial best practices in the processing of vendor payments.
• Tax Reporting:
  Assist with the preparation of tax filings by providing necessary documentation related to payables, including VAT, withholding tax, and other applicable taxes.
• Internal Controls:
  Implement and maintain internal controls related to accounts payable processes to ensure accuracy, prevent fraud, and adhere to financial policies.
• Month-End Closing:
  Assist in month-end closing procedures by providing necessary reports and ensuring that accounts payable transactions are accurately reflected in the financial statements.

• Educational Background:
  Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Experience:
  
  Minimum of 2 years of experience in accounts payable, accounting, or finance, with knowledge of the hospitality or service industry.
• Technical
  
  Skills:
  
  Proficiency in accounting software (e.g., Microsoft Dynamics, SAP), hotel management systems (such as Opera or Micros), and Microsoft Office Suite (particularly Excel).
• Attention to Detail:
  Strong attention to detail with the ability to process large volumes of invoices while maintaining accuracy and completeness.
• Analytical
  
  Skills:
  
  Ability to analyze and reconcile financial data, identifying discrepancies and resolving them efficiently.
• Time Management:
  Strong organizational skills, with the ability to manage multiple priorities, meet deadlines, and work under pressure.
• Communication
  
  Skills:
  
  Excellent written and verbal communication skills, with the ability to interact professionally with vendors and internal…