Senior Accountant - Accounts Payables

Founded in 2012, Khazna Data Centers is a leading provider of state-of-the-art data center solutions. With a focus on innovation and cutting-edge technology, Khazna specializes in hyperscale wholesale data centers that are at the forefront of enabling AI and other emerging technologies. We are looking for a Senior Accountant AP to join our Finance team. He/ she will manage the end-to-end accounts payable function in a high-growth, capex-intensive environment . The successful candidate will be responsible for ensuring the integrity, accuracy, and efficiency of all payables-related transactions and controls, including vendor management, compliance, system optimization, and team mentoring. Some of their key accountabilities will be as follows: 1. Accounts Payable Operations & Control Manage full-cycle accounts payable operations, including invoice processing, 3-way matching (PO, GRN, Invoice), and vendor payment execution. Ensure compliance with internal controls, delegation of authority, tax regulations (e.g. VAT), and accounting standards (IFRS). Maintain a rigorous control environment to mitigate risks such as duplicate payments, fraud, or non-compliance. 2. Vendor Management Manage a large and growing base of local and international vendors with sensitivity to contractual terms, payment terms, and dispute resolution. Foster effective vendor relationships while protecting company interests and supporting procurement and legal teams as needed. 3. Financial Reporting & Reconciliation Perform regular AP sub-ledger to GL reconciliations and ensure all variances are investigated and resolved promptly. Support the month-end and year-end closing process with accurate accruals, schedules, and reconciliations. 4. Audit & Compliance Serve as the AP focal point during internal and external audits, ensuring accurate and timely submission of audit schedules and supporting documents. Maintain complete and auditable documentation of AP transactions in line with regulatory and company policies. 5. Systems & Process Improvement Suggest automation initiatives and enhance the efficiency of AP operations through ERP (preferably Oracle Fusion) and digital tools. Suggest process improvements to manage increasing transaction volumes and complexity. 6. Stakeholder Engagement Collaborate with Procurement, Project Management, Treasury, and Business Units to align on payment cycles, project-related capex disbursements, and vendor queries. Provide insights into payment status, risks, and opportunities. Minimum eligibility requirements and key competencies: Bachelor’s Degree in Accounting, Finance, or a related field. CPA/CA/ACCA qualification preferred. Minimum 5 years of progressive experience in Accounts Payable, with at least 3 years in a senior or supervisory role . Experience in a project-driven or capex-intensive environment (e.g. construction, energy, infrastructure) is highly desirable. Proficiency in ERP systems (Oracle Fusion preferred) and advanced Excel skills. Strong knowledge of IFRS, internal controls , and VAT regulations in the UAE. Proven ability to manage high-volume transactions with accuracy and control. #J-18808-Ljbffr