Finance Executive (AP)

Over the past two decades, The First Group has forged a reputation as one of the hospitality industry’s leading innovators, providing groundbreaking investment opportunities to clients and partners, while delivering exceptional, memorable experiences to hotel and leisure guests. Our corporate ethos and unique vision for the future of hospitality is encapsulated in our fast-growing portfolio of award-winning hotels and residences, exciting F&B outlets and lifestyle venues, and delivered through our array of complementary third-party hotel and asset management services.

Core to our vision for the future of hospitality is The First Collection, our award-winning hotel brand that reflects the rich culture, innovative spirit, and unparalleled refinement for which Dubai is famous for. The First Collection’s urban lifestyle resorts, situated in prime locations across Dubai, are renowned for their unique blend of world-class hospitality and modern flair, as well as their cutting-edge guest facilities and services, which include exclusive access to the stunning Soluna Restaurants and Beach Club, located on the world-famous Palm Jumeirah.

Every hotel in our fast-growing portfolio reflects our ambition to capture the essence of urban living, blending it seamlessly with the tranquillity of a serene getaway. The First Collection echoes the city’s heartbeat, ensuring all our guests are made to feel a part of the magnificent tapestry of Dubai, the world’s most exciting metropolis.

The Accountant – Accounts Payable role will primarily be responsible for;

• Mainly in Accounts Payable function
• Ensuring that VAT compliance is maintained and the company is not exposed to any risk
• Ensuring timely payments of vendor invoices, while managing working capital
• Adhering to a strict month end deadline, with accuracy and completeness of all duties
• Enforcing the controls and absolute accuracy of the petty cash function
• Ensuring Accounts Payable reconciliations are performed on a weekly and monthly basis
• Vendor account reconciliations to identify and investigate anomalies
• Introducing a comprehensive document management system
• Ensuring that the Delegated Authorities are followed before payments are made
• Recording to the correct ledger/cost centre is maintained with absolute accuracy
• Maintaining and developing relationships with existing and new suppliers
• Working alongside the Financial Controller to continually improve the internal controls in the Requisition to Payment cycle
• Working with the key Department procurement staff, Cost Accountants and Head of Departments to ensure cost control
• Maximising the potential of the new AX Dynamics ERP system to assist with system-based controls, processes and reporting
• Ad hoc projects at the request of the Financial Controller or Departmental Heads to improve efficiency, accuracy and reporting

• Have excellent experience of 2 – 3 years in Dubai within the Accounts Payable department
• Be able to think independently and constantly look for improvements in practice and policy
• Be flexible and efficient to meet deadlines and ad hoc tasks
• Be familiar with key accounting principles for recognition of Cost/Fixed Assets/Accruals/Prepayments
• Should have studied Bachelors of Finance (ACCA or CA qualification is an advantage)