Job Description / Role
Employment Type: Full Time
As a result of our ongoing business expansion and an exciting lineup of projects on the horizon, we are seeking exceptional individuals to join our team of highly motivated professionals in the dynamic motorsport industry. Our team is based at the Dubai Autodrome, where you’ll be at the heart of the action.
In this role, you will report directly to the Accounts Manager and take charge of Accounts Payable responsibilities, including:
- Proactively managing the Accounts Payable process, ensuring the timely and accurate processing and payment of all approved creditor invoices.
- Validating invoices against purchase orders to confirm the receipt of goods or services before authorizing vendor payments.
- Conducting day-to-day financial transactions, such as verifying, classifying, and recording accounts payable data.
- Reconciling the accounts payable ledger to ensure accurate billing and payment records.
- Investigating and resolving discrepancies by reconciling vendor accounts and monthly vendor statements.
- Generating reports to provide insights into accounts payable status.
- Allocating expenses to appropriate accounts and cost centers while overseeing petty cash spending.
- Demonstrating awareness of compliance issues related to accounts payable processes.
- Corresponding with vendors and addressing inquiries.
- Assisting with month-end closing procedures.
- Managing inventory levels by monitoring stock levels and placing orders when necessary.
- Coordinating with suppliers on orders and shipping schedules.
- Evaluating quotations from potential new suppliers to assess their suitability for the company.
- Preparing reports on inventory levels and purchase activity to support management decisions.
We are a close-knit team with a bold vision, and the ideal candidate should have several years of experience within the UAE or GCC, along with a solid understanding of accounting practices, procurement procedures, and inventory management. Key qualifications include:
- Proven experience as an Accounts Payable Specialist or in a similar role.
- Advanced proficiency in accounting and business management software.
- In-depth knowledge of accounts payable principles, accounting standards, and industry regulations.
- Extensive experience in account reconciliation.
- Exceptional time management and organizational skills.
- Strong collaboration and communication abilities.
- Familiarity with basic principles of finance, accounting, and bookkeeping.
- Ability to maintain confidentiality of company and partner information.
- Bachelor’s Degree or equivalent.
- Polite, hardworking, a positive team player with excellent written and spoken English.
- Strong interpersonal skills and the ability to communicate effectively with individuals of various nationalities.
- A proactive, can-do attitude.
- Flexibility to work evenings or weekends as needed by our business.
- Proficiency in Microsoft Office applications and general IT knowledge.
- Proven problem-solving and solution-finding abilities.
We offer a competitive salary, along with additional benefits including a working visa, medical insurance, 30 days of annual leave, and an economy return ticket to your home country each year.
About the Company
Dragon Racing International, headquartered at the Dubai Autodrome, has become the premier destination for all things high-end automotive and motorsport-related in the GCC region. We are the leading Ferrari & AMG approved customer GT race team in the UAE, and our Dragon F4 division proudly holds the titles of the 2018 F4UAE Drivers and Teams Champions.
We organize retail Driving Experiences and tailor-made Corporate Driving Events at Yas Marina Circuit and the Dubai Autodrome, featuring our fleet of Ferrari and McLaren track cars. Our state-of-the-art workshop, storage, and tire fitting facilities are class-leading. Additionally, we host events, product launches, and formal dinners, offering a unique, adrenaline-fueled backdrop from our luxurious headquarters. Join us and be part of an exciting and diverse environment.