ARAP Specialist (Onsite-Dubai, UAE)

About KNZ Solutions Inc.At KNZ Solutions we specialize in developing timely solutions that solve complex IT challenges. Using our industry research subject matter expertise professional services and a standard execution of high-quality managed services we develop customized solutions that alleviate our clients needs. KNZs customized roadmap includes a collaborative client-focused strategy transparent communication synced project management and the adoption of gold standard best practices in alignment with an optimal network infrastructure.Position OverviewThe AR/AP Specialist is responsible for managing day-to-day accounts receivable and accounts payable activities maintaining accurate financial records ensuring timely payments and supporting overall cash-flow management. This role works closely with Finance vendors and internal teams while using NetSuite to support efficient and compliant financial operations.ResponsibilitiesAccounts PayableRecord vendor bills and ensure accuracy of amounts account classifications departments and PO matching when applicable.Monitor upcoming due dates and prepare bills for payment.Request vendor statements and reconcile them against recorded transactions.Perform monthly reconciliations for AP transactions including bill payments and credit card activity.Review employee expense reports and track approval and reimbursement status.Support payroll processing by syncing labor rates and validating related accounting entries.Reconcile AP-related clearing accounts to maintain accurate and up-to-date financial records.Review sales tax obligations prepare monthly/quarterly reports and record all sales tax payments.Prepare and maintain sales tax exemption forms and related documentation.Accounts ReceivableGenerate customer invoices for products and services and ensure accurate and timely billing.Perform revenue recognition tasks and assist with P&L reviews to compare revenue and associated costs.Review deferred revenue balances and ensure proper revenue recognition each month.Prepare escrow forms and record incoming escrow payments.Complete monthly reconciliations for AR transactions including customer payments and bank reconciliations.Monitor review and post employee timesheets for revenue and billing accuracy.Submit invoices through customer portals or via email as required.Monitor accounts receivable aging follow up on overdue payments and maintain effective collections procedures.Prepare weekly reports including counter billing updates and outstanding receivable summaries.QualificationsBachelors degree in Accounting Finance or similar field.2 - 4 years of AR/AP or general accounting experience.Experience with NetSuite or similar ERP preferred.Strong analytical skills attention to detail and ability to meet deadlines.Required ExperienceManager#J-18808-Ljbffr