Assistant General Manager – Accounts Payable
by Caliberly in Real Estate Development & Property Management
The Assistant General Manager – Accounts Payable is responsible for leading the end-to-end Accounts Payable function within a leading real estate organization, ensuring efficient invoice processing, vendor management, payment controls, financial compliance, and operational excellence. The role drives Accounts Payable strategy, process optimization, internal controls, digital transformation initiatives, and financial governance while managing a high-performing finance team and supporting organizational financial objectives. Responsibilities include leading the complete Procure-to-Pay (P2P) process, ensuring timely and accurate processing of vendor invoices, supplier payments, expense claims, vendor onboarding, master data governance, account reconciliations, payment scheduling, cash flow planning, Treasury coordination, vendor relationship management, dispute resolution, and payment issue management. The position oversees month-end and year-end closing activities, reconciliation of Accounts Payable sub-ledgers with the General Ledger, preparation of AP ageing reports, accruals, payment forecasts, financial reporting, statutory audits, internal audits, and compliance reporting. The role is responsible for identifying automation opportunities, implementing ERP enhancements, workflow automation, OCR implementation, process standardization, continuous improvement initiatives, performance monitoring, cost optimization, and digital transformation across the Accounts Payable function. Additional responsibilities include ensuring compliance with IFRS, UAE VAT regulations, procurement policies, payment authorization procedures, internal financial controls, documentation standards, and risk mitigation requirements. The successful candidate will lead, mentor, and develop Accounts Payable managers, supervisors, and finance staff, establish KPIs and performance objectives, collaborate with Procurement, Finance, Treasury, Project Teams, and senior management, and promote accountability, collaboration, and continuous improvement. Candidates must possess a Bachelor's Degree in Accounting, Finance, Commerce, or a related discipline, with professional qualifications such as CA, ACCA, CPA, CMA, or equivalent highly preferred. The position requires 12–18 years of progressive finance and accounting experience, including at least five years in Accounts Payable leadership, extensive expertise in real estate, construction, property development, infrastructure, or shared services environments, advanced knowledge of Accounts Payable operations, Procure-to-Pay (P2P), ERP systems including SAP, Oracle, Xpedeon or similar platforms, IFRS, UAE VAT regulations, advanced Microsoft Excel, financial analysis, cash flow planning, internal controls, process automation, strategic planning, and finance transformation.
