Bank reconciliations Executive Required in Dubai - Dubai

Bank reconciliations Executive Required in Dubai

We are looking for the below requirement for one of our client

Position: Bank Reconciliations Executive

Salary Range: AED 7,000 to 8,000

Job Location: Dubai

Summary:

As a member of the Bank reconciliations team, role will be supporting the Divisional Finance Controlling teams and Business Units in ensuring timely reconciliation of the Group’s bank accounts and reporting in relation thereto and also supporting the business units in enhancing customer experience by timely performing the activity of credit confirmations.

Job responsibilities:

Receipt of Bank statements and Balance validation

Ensure all the Bank statements are received in SAP after due follow-up with the banks as required.
In case of delays in receipt of bank statements or where automated receipt of bank statements is not enabled, manually download the statements from online banking platforms.
In case of Bank statements downloaded manually, ensure that the closing balance of the previous day matches with the opening balance of the current day.
Reconciliation of bank accounts:

Run the scheduler to automatically clear open line items where matching references exist.
Perform manual matching of open line items wherever possible after ensuring adequate matching criteria exist and due confirmations are obtained
Reporting of open line items:

Ensuring that all the open line items at the end of the day are reported to relevant internal stakeholders for timely investigation and resolution.
Ensuring that any open items that needs investigated at the banks’ end are reported to the banks for investigation and resolution.
Ensuring that any instances of cheque dishonours and amounts debited by bank but not accounted by us are promptly bought to the notice of businesses/other concerned stakeholders.
Credit confirmations:

Ensuring that all queries from business teams in relation to deposit of cash or cheques by customers are reviewed and responded after referring to the online banking reports so that timely delivery of goods/services by business teams is ensured
Accounting and Audit:

Ensuring all bank charges are accounted
Supporting internal and external audit processes in relation to bank reconciliations

Job requirements:

Minimum Qualifications and Knowledge: Professional accounting qualification.
Minimum Experience: A bachelor’s degree in commerce/financial management/ accountancy with about 3 years of experience within the bank reconciliations function of a medium to large organization or banks. At least 2 years of relevant experience in SAP.
Job-Specific Skills: Analytical, process oriented, good communication skills, exposure to SAP.
Behavioural Competencies: Should be able to plan and prioritize tasks, persuasive skills, Kaizen attitude, Self-motivated; and a strong team player.

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https://ae.linkedin.com/jobs/view/bank-reconciliations-executive-at-dulsco-3036056189?

Posted on : 3 years ago, #118339, 10 views

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