
Aviation Industry AP Specialist
3 days ago
Job Description:
Oman Air is looking for an experienced Accounts Payable Manager to direct the AP team in handling vendor payments, ensuring compliance with company policies and regulatory requirements.
The successful candidate will possess a bachelor's degree in finance or accounting, along with a minimum of 8 years of experience in financial or accounting roles. Strong leadership abilities, excellent organizational skills, and a deep understanding of financial regulations are essential qualities for this position.
A post-graduate degree or certification like CFA, CMA, or CPA would be highly advantageous. The individual must demonstrate outstanding ethical conduct, dedication to maintaining high standards, and adherence to aviation industry laws and codes of conduct.
Primary Responsibilities:
- Direct the AP team to ensure timely payments to vendors and third parties.
- Review and approve invoices and joint ventures raised by accountants in ERP systems, verifying accuracy and completeness.
- Negotiate with vendors to resolve invoice inquiries and ensure timely payments according to contract terms.
- Analyze vendor agreements to identify potential cost-saving opportunities and implement them accordingly.
- Verify vendor information to facilitate accurate account reconciliations and clear dated balances.
- Identify and address discrepancies in advance payments and unapplied advances.
- Supervise the preparation of accurate and consistent bank reconciliation statements.
- Investigate and resolve discrepancies in financial data or documentation.
- Regularly review the accounts payable ledger to identify complex or significant discrepancies and address them accordingly.
- Explore opportunities to automate AP processes to improve accuracy, efficiency, and minimize manual tasks.
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