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indeed

Head of Accounts Payable

Independent food company
Dubai, UAE
Full Time
Director
Onsite
1 months ago
Accounts PayableProcure to PayNetSuiteOCR/AI Invoice Capture3 Way MatchVendor Master Data Management
Free

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Company Overview

  • Independent Food Company is a UAE based hospitality company with multiple concepts: SALT, Parker's, Somewhere, Public, Soil, Shalwa and Kumo.

Role Overview

  • Seeking a highly qualified Head of Accounts Payable to establish and stand up AP as a controlled, scalable function across all brands and entities.
  • The role owns the full Procure to Pay cycle and aims to remove key person risk, manual processing, and control exposure.
  • First six months focus on getting control, automating, and building a clean, auditable P2P engine.

Scope of Function (Phase 1)

  • Invoice processing & booking: ~3,000 invoices/month across all entities (supplier, utility, rent, aggregator commission, intercompany).
  • Payment runs & treasury interface: scheduled runs, bank API payment files, payment release controls, cash flow input to Treasury.
  • 3 way match & controls: PO GRN invoice matching, exception handling, duplicate & fraud prevention, approval workflow.
  • Vendor master & supplier management: onboarding (KYC/AML, UBO), master data hygiene, supplier rationalisation, statement reconciliation.
  • Import, landed cost & stock in transit: coordination with shipping line (Maersk), customs/duty accruals, landed cost capture.
  • Staff & expense payables: petty cash, employee expense claims, corporate card reconciliation.

Key Responsibilities

  • Take control of the P2P cycle: Own end to end AP from PO to payment; establish a documented, controlled, auditable process.
  • Implement a digital approval workflow: Replace ad hoc approval emails with a system based, DOA aligned workflow.
  • Enforce 3 way match & SoD: PO GRN invoice match on >95% of POs; segregate invoice entry, approval, and payment release.
  • Eliminate duplicate & fraudulent payments: Build duplicate invoice controls, supplier bank validation, and an exception log.
  • Clean & govern the vendor master: De duplicate and deactivate dormant vendors; complete KYC/AML and UBO capture.
  • Drive AP automation (OCR/AI): Deploy OCR/AI invoice capture to reduce manual load; target >80% auto capture and >40% cut in processing time.
  • Own payment terms & working capital: Standardise and extend supplier terms (target +10 days DPO) without service disruption.
  • Reconcile aggregators & intercompany: Own reconciliation of aggregator commissions (Talabat/Careem/Deliveroo) and intercompany payables.
  • Close the stock in transit gap: Establish visibility and accrual discipline over shipped/in transit stock, customs, duty, and landed cost.
  • Fix physical & process controls: Address control gaps in AP/warehouse environment (e.g., CCTV, goods receipt integrity, document retention).
  • Build & document SOPs: Every AP transaction class with a documented, version controlled SOP; cross train to remove key person risk.
  • Prepare for the Phase 2 merge: Align process, controls, and master data to CoE standards so AP folds cleanly into Financial Control.

Qualifications & Experience

  • Qualified or part qualified accountant — CMA / ACCA / CA or equivalent; strong P2P specialisation.
  • 8–12 years in Accounts Payable / P2P, including 3+ years leading an AP team in a multi entity environment.
  • F&B, hospitality, retail, or high volume multi outlet background strongly preferred.
  • Proven track record automating AP (OCR / invoice capture / workflow) and cleaning vendor master data.
  • Strong NetSuite (or equivalent ERP) AP module expertise; comfortable with bank API payments and approval workflow tools.
  • Working knowledge of UAE VAT input tax rules, WPS, and KYC/AML & UBO requirements for vendor onboarding.
  • Hands on, control minded leader able to run high volume processing while raising the control bar.

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