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Accounts Payable

TIME Hotels

Posted on May 29, 2019

2 - 3 years United Arab Emirates - United Arab Emirates

Any Graduation. Any Nationality

Opening 01

Job Description

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TIME Hotels is looking for a 'Accounts Payable' who has a minimum of 2 years hospitality experience to fulfill the following core responsibilities.
Provides an effective system to track Accounts Payable for effective Cash Flow management
Provides a summary of the ageing report required by various people in the Accounting and Control Division to prepare monthly reports
Ensures loyalty of key suppliers of the hotel, resulting in lower cost per unit.
Obtains, date-stamp and file all documents which support authorized purchases and services rendered (PR s, PO s, Delivery Notes signed, Receives Records, Contracts etc.) for future matching of invoices.
Processes daily invoices, that is, to match them to their supporting authorizations and receiving records.
Prepares account allocation.
Batches invoices, to post them and to distribute them to Department Heads for their approval.
Reviews and determines all payments due and submits the payment requests and disbursement schedule to the Chief Accountant for review and signature prior to the actual preparation of cheques.
Prepares cheque payments and submits them with their supports attached, for final approval and signatures by the Director of Finance and Area Vice President.
Raises and records cheques for urgent payments.
Prepares monthly accruals for goods and services received, but not invoiced.
Checks and ensures that the books and records are updated accurately and timely.
Cooperates and assists in reconciling the month-end inventory book balances to actual physical counts.
Prepares month-end closing of Accounts Payable.
Prepares and follow up on some balance sheet schedules as instructed including all the advanced payments.
Language Requirements: Can speak and understand English / other language is an advantage.

Hotels / Hospitality

Accounts / Taxation / Audit / Company Secretary


Accounts Payable


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TIME Hotels

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