Sr. Accounts Payable Accountant

Company Description

DMC-CURVE has been shaping the future of construction and urban planning since 1989 by integrating innovation and perfection into creating green and sustainable spaces. With a deep commitment to environmental harmony, the organization continually delivers excellence in its projects while tackling complex urban challenges. DMC-CURVE prides itself in fostering success stories that contribute to a brighter future, driven by expertise, collaboration, and a forward-thinking approach.

Role Description

This is a full-time on-site role for a Sr. Accounts Payable Accountant, based in Heliopolis. The role involves managing accounts payable processes, ensuring timely and accurate invoice processing, reconciling accounts, and maintaining financial accuracy. The candidate will oversee payment compliance, assist with troubleshooting discrepancies, and collaborate with various departments to ensure smooth financial operations. Strong attention to detail and expertise in financial management are essential for success in this position.

Job Purpose:

1. Facilitate payment procedures for suppliers.
2. Record and prepare journal entries on Oracle.
3. Ensure smooth and timely payment processes.
4. Maintain the accuracy and regularity of journal entries posted to the general ledger.

Duties & Responsibilities:

1. Issue advance payments to suppliers and contractors and perform monthly reconciliations.
2. Communicate with company suppliers and respond to inquiries or resolve any payment-related issues.
3. Review financial data in technical invoices/progress claims and ensure compliance with contract terms and conditions.
4. Review petty cash settlements and ensure all required documents and approvals are completed.
5. Follow up on closing temporary advances as soon as possible and permanent advances before the end of the fiscal year.
6. Receive and review temporary labor payroll statements from company sites, issue cash advances to site accountants for disbursement, and review their cash receipt documents.
7. Receive employee business trip claims and allowances after reviewing them with the HR department and prepare payment requests for disbursement.
8. Receive, inspect, and review invoices along with goods receipt notes, inspection reports, and purchase orders in terms of quantities, items, and prices.
9. Coordinate with concerned departments in case of any issues and follow up until resolution.
10. Enter invoices, claims, and cash advances into Oracle and ensure proper cost allocation across projects and departments.
11. Verify invoice due dates and prepare payment requests based on which checks are issued.
12. Perform monthly reconciliations with major suppliers (such as concrete and steel suppliers) to track received invoices and the status of related checks in coordination with the treasury and banking department.
13. Follow up on advance payment status through coordination with the procurement department and direct manager to ensure timely closure.