Mark Williams are currently recruiting for a VP Payments for a well-known Financial Services company based in Dubai. You will be working in a small team and report into the CFO and is a newly created role
We are looking for an experienced finance professional to lead a centralised payments function supporting multiple entities and locations.

The role will be responsible for overseeing high-volume payment activities, accounts payable, financial controls, reconciliations, VAT and related accounting processes. You will also play a key role in improving processes, implementing automation and ensuring strong financial governance across the organisation.

Key Responsibilities
• Oversee payments to external suppliers and service providers
• Manage payments relating to employees
• Ensure all payments are processed accurately, efficiently and within agreed timelines
• Review and approve payment requests, ensuring the appropriate approvals and controls are in place
• Identify and prevent duplicate, incorrect or unauthorised payments and minimise financial risk
• Oversee month-end activities, including accruals, provisions, cost allocations and expense analysis
• Manage reconciliations across multiple accounts, entities and locations, ensuring outstanding items are investigated and resolved promptly
• Oversee suspense accounts, prepayments, supplier advances and other balance sheet items, ensuring timely clearance
• Support quarterly and annual financial reporting requirements, including balance sheet schedules, variance analysis and audit requirements
• Manage VAT-related transactions and ensure compliance
• Work closely with Finance, Operations, HR, IT and other departments to resolve payment and accounting issues
• Identify opportunities to automate and improve existing finance and payment processes
• Lead system enhancements and implementations, including requirements gathering, testing and successful implementation
• Support the implementation of accounts payable and finance systems for new entities or business units
• Develop and maintain strong financial controls, policies and procedures.
• Manage outsourced finance activities and ensure appropriate service levels, training and performance standards are maintained

Key Requirements
• Minimum 10 year’s experience within finance and accounting.
• Strong experience across Accounts Payable, payments, General Ledger, fixed assets and financial controls
• Experience managing a high-volume, multi-entity finance environment
• Strong understanding of accounting policies, procedures and governance
• Experience with finance/ERP systems and implementing or improving financial processes
• Strong analytical and problem-solving skills
• Experience managing and developing finance teams
• Good understanding of financial compliance
• Excellent communication and stakeholder management skill
• Ability to work effectively in a fast-paced and changing environment

What the Role Offers

This is a senior finance leadership position with responsibility for a large centralised payments operation. The successful candidate will have the opportunity to influence finance processes, controls, systems and automation across the wider organisation