Manager - Accounts Payable

Wynn Al Marjan Island

About the Position:

Wynn Al Marjan Island is currently seeking a Manager Accounts Payable to join the resort s Finance Team.

The primary duties and responsibilities of this role are:

• The Manager of Accounts Payable is responsible for overseeing the accounts payable function, ensuring the accuracy and timeliness of payments, and maintaining strong relationships with vendors
• Oversee the accounts payable process, ensuring all invoices are accurately processed and paid on time .
• Develop and implement accounts payable policies and procedures to ensure efficiency and compliance

• Manage and mentor the accounts payable team, providing guidance and support to ensure high performance

• Review and approve invoices, ensuring proper coding, authorization, and documentation .

• Reconcile vendor statements and resolve any discrepancies in a timely manner

• Ensure accurate VAT and RCM bifurcation at the time of booking the invoices

• Ensure VAT is accurately accounted for when booking the invoices, and the VAT returns are filed accurately and on time

• Ensure all expenses related accruals are reconciled and posted monthly.

• Ensure all AP and accrual related balance sheet schedules are prepared, reviewed, authorized, and retained for future reference

• Assist with month-end closing activities, including accruals, account reconciliations, and preparation of reports for management review

• Ensure compliance with internal controls and regulatory requirements

• To verify suppliers reconciliations prior to releasing the payments for approval from the authorized signatories of the organization

• Participate in the monthly preparation and finalization of financial statements

• Supervise the day-to-day operations of the Accounts payable team

• Proactively participate in the Company recycling program and follow a strict discipline to reduce, re-use and re-cycle wherever possible and appropriate to achieve cost efficiency

About You:

The ideal candidate for this position will have the following experience and qualifications:

• Bachelor s or Master s degree in Finance, Accounting or a related field
• Minimum of 5 years of experience in accounts payable, preferably within the hospitality industry. Strong knowledge of financial software and systems, including ERP systems
• Excellent analytical, problem-solving, and decision-making skills
• Proficiency in MS office and other software applications; proficiency in ERP is an advantage
• Strong communication and negotiations skills
• Ability to work effectively under pressure and meet deadlines
• Attention to detail and a high level of accuracy