Job Summary

Locations:

United Arab Emirates

Experience:

2 – 7 years

Keywords / Skills :

Reconciliation, Accounts payable, Receivable, Accounts Receivable, General Ledger

Function:

Finance & Accounts

Role:

• Accountant
• Finance Assistant
• Cost Accountant / ICWA

Industry:

Banking/ Financial Services

Summary:

Ensure proper reconciliation of receivables and payable and monitor the balances of receivables and payable to ensure that all receivables are received on time as per the SLA and payments are effected to the parties within the cut off time.

Posted On:

30th Jun 2016

Job Purpose:

To ensure that the accounts are properly reconciled on a timely basis which includes bank accounts, product accounts and inter-company accounts.
Ensure proper reconciliation of receivables and payables and monitor the balances of receivables and payables to ensure that all receivables are received on time as per the SLA and payments are effected to the parties within the cut off time.

Ensure fixed assets management of the entity.

Streamline recon processes and systems and support implementation of new recon system.

Job Description

Bank accounts reconciliation

Ensure that all bank accounts are reconciled as per the frequency set by the management. This includes both Remittance banks recons and operational bank recons. Establishment measurement tools for the effectiveness of bank account recons at SSC for close monitoring of reconciliations.

Product reconciliations

Ensure that all product reconciliations are carried out accurately as per the agreed timelines.

Adherence to Group Policies and Procedures

Adherence to UAE Exchange Group directives and policies in planning and execution of all activities (e.g., accounting, internal

control, AML, HR policies etc).

Receivables and Payables management at Group Level

Monitor and report payables and receivables at group level. Prepare reports for long standing items and take appropriate action to reduce the long standing receivables and payables in the books. Wherever required, recommend for bad debts provision/write off/write back etc. appropriately.

Support annual statutory audits and internal audits by providing appropriate information as and when called for:

Support annual statutory audits and internal audits by providing sufficient information as requested by the auditors on a timely basis.

Support the management in Special Projects as and when required

QUALIFICATIONS, EXPERIENCE, & SKILLS

A minimum of Bachelors and preferably Masters Degree in Accounting/Finance;

Professional qualifications (like CA, ACCA, CPA) – intermediate preferred.

Good Communication, reading and Comprehension skills in English.

Good computer knowledge.

2-5 years’ experience in an accounting position preferably in Banking/Financial industry with at least one year supervisory level experience.

ReconciliationAccounts payableReceivableAccounts ReceivableGeneral Ledger

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/Associate Manager – Group Accounts Reconciliation for Abu Dhabi

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Assistant/Associate Manager – Group Accounts Reconciliation for Abu Dhabi Wednesday, 29 June 2016 No Comment