Job Summary

Locations:

United Arab Emirates

Experience:

3 – 8 years

Keywords / Skills :

Reconciliation, Reconciliation Of Accounts, Accounts payable, smart pay cards

Function:

Finance & Accounts

Role:

• Finance Assistant
• Chartered Accountant (CPA)
• Accounts Manager

Industry:

Banking/ Financial Services

Summary:

To administer activities (Accounting, Settlement, Reconciliation) pertaining to VPS, Smart pay cards, & Travel cards.

Posted On:

30th Jun 2016

Job Description

JOB DETAILS:

Position Title: Assistant Manager/Senior Officer – Accounts

Reports to: Manager – Accounts (Smart Pay & Allied Products)

Department: Finance & Accounts

Job Description

Reconciliation & Settlements

Daily Reconciliation of statement generated from TPP (Third Party Processors) with BOS system for Smart Pay and Go Cash cards.

Settlements :

Daily Settlement with master card towards card transactions with MasterCard.

Hedging of open positions

Ensure that all open positions with foreign currency liabilities are properly hedged on a daily basis. Co-ordinate with Global Bank Notes Division Dubai to ensure that the the positions are hedged. All deviations to be escalated to the manager on a daily basis.

Hedging effectiveness:

Report hedging effectiveness on a monthly basis to the management after booking the effect of hedges for a month. This includes arriving at the hedging margins and its accounting in Back office system.

COMMUNICATIONS & WORKING RELATIONSHIPS:
Internal:

Products – towards Smart pay card and GO CASH for sorting out reconciliation & settlement issues.

Card operations: For smart pay card activities, reconciliation and their settlement related issues.

IT department: For creating change request to bring in new reports for ease of reconciliation.

Dealing department towards fund transfer requests for MasterCard settlements.

BND Dubai – for effective hedging of open positions.

External:

TPP and MasterCard: towards smart pay and Go Cash card activities.

QUALIFICATIONS, EXPERIENCE, & SKILLS:
1. Graduate/Post Graduate in Commerce/Finance

2. CA/ICWA Inter

3. 3 – 5 years of relevant experience

4. Strong analytical skills

5. Good computer usage. Good MS Office Applications

Interested candidates please forward your CV to [HIDDEN TEXT]

ReconciliationReconciliation Of AccountsAccounts payablesmart pay cards

UAE Exchange is a leading global money transfer and foreign exchange brand trusted by millions of customers and partners, across the world. We are a people’s brand, known for our quality and customer-centric approach. With over 32 years in the industry, our consistent world class service has earned the trust of over 6 million customers, worldwide. With more than 700 direct offices in 30 countries across five continents, we are the only brand in the segment to own a global network of this magnitude

For any queries contact – 0484-3010058, [HIDDEN TEXT]

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Assistant Manager/Senior Officer – Accounts for Abudhabi Wednesday, 29 June 2016 No Comment