Manager – Accounts Payable / Accounts Receivable (AP/AR)

Position: Manager – Accounts Payable / Accounts Receivable (AP/AR) Location: Abu Dhabi, UAE Industry: Oil & Gas / Petrochemical / Engineering, Procurement & Construction (EPC)

Job Summary

Astra Engineering & Construction LLC is seeking an experienced Manager – Accounts Payable / Accounts Receivable (AP/AR) to oversee the company’s AP/AR operations, supervise the Accounts Payable team, and ensure accurate and timely processing of financial transactions. The role will focus on supplier payments, customer receivables, reconciliations, month-end closing, UAE VAT compliance, internal controls, and process improvement.

The successful candidate will ensure efficient working capital management, accurate financial reporting, and compliance with company policies and applicable accounting and tax requirements.

Key Responsibilities

• Team Management: Supervise and guide the Accounts Payable team, allocate workloads, monitor performance, and ensure timely completion of daily activities.
• Invoice Processing: Oversee the accurate and timely processing of supplier invoices, credit notes, and other payable transactions.
• Three-Way Matching: Ensure invoices are matched against purchase orders and goods receipt notes or service entry records before payment.
• Payment Runs: Coordinate payment schedules, cash requirements, payment approvals, and timely settlement of supplier invoices.
• Supplier Management: Maintain effective supplier relationships and resolve invoice discrepancies, payment queries, and account issues.
• Accounts Receivable: Oversee customer invoicing, receivables monitoring, collection follow-ups, and resolution of outstanding balances.
• Reconciliations: Ensure regular supplier and customer account reconciliations, investigate discrepancies, and resolve outstanding items.
• Month-End Closing: Coordinate AP/AR closing activities, review account balances, ensure accurate cut-off, and support general ledger reconciliations.
• UAE VAT Compliance: Ensure accurate VAT treatment and documentation for transactions, maintain appropriate records, and support VAT return preparation in coordination with the Finance team.
• Internal Controls: Maintain effective financial controls, approval procedures, segregation of duties, and compliance with company policies.
• Audit Support: Prepare supporting schedules, reconciliations, invoices, and documentation for internal and external audits.
• Process Improvement & Reporting: Identify opportunities to streamline AP/AR workflows, improve reporting accuracy, reduce overdue balances, and enhance operational efficiency.

Qualifications & Experience

• Professional qualification in CA, ACCA, or an MBA in Finance .
• 10–15 years of relevant experience in accounts payable, accounts receivable, and accounting operations.
• Industry experience in Oil & Gas or Petrochemical is preferred ; EPC or project-based company experience is an advantage.
• Proven experience supervising an Accounts Payable team and managing end-to-end AP/AR operations.
• Strong knowledge of invoice processing, three-way matching, supplier and customer reconciliations, payment runs, and month-end closing.
• Good understanding of UAE VAT requirements and supporting documentation.
• Experience with internal controls, audit coordination, financial reporting, and process improvement.
• Proficiency in Microsoft Excel and accounting/ERP systems.

Required Skills & Competencies

• Strong accounting, analytical, and reconciliation skills.
• Team leadership and workload management capabilities.
• Good communication and supplier/customer relationship management skills.
• Strong attention to detail, accuracy, and adherence to deadlines.
• Ability to investigate discrepancies and resolve payment and collection issues.
• High standards of integrity, confidentiality, and financial control.

Desired Candidate Profile

The ideal candidate will be an experienced accounting professional with strong AP/AR operational knowledge, team supervision capabilities, and a sound understanding of UAE VAT compliance. Candidates from Oil & Gas, Petrochemical, or EPC organisations who can maintain accurate accounts, ensure timely payments and collections, and improve financial processes will be preferred.

Application Question(s):

• Do you have professional qualification in CA, ACCA, or an MBA in Finance?
• Do you have 10–15 years of relevant experience in accounts payable, accounts receivable, and accounting operations.?
• We need to fill the role at the earliest. If selected, can you join within one (1) month or sooner?

Work Location: In person