Accountant - Reconciliation

Job Title: Finance Reconciliation Specialist

Job Location: United Arab Emirates

Vacancy: 1 Vacancy

Experience: 5 to 12 years

Qualifications:
Graduate in Finance or Accounting; MBA / Management Post Graduates; CA / CS / CFA / All Professional Finance Degrees

Job Function:
Accounts / Tax / CS / Audit / Finance
Banking / Financial Services

Skillset:
Knowledge of Computer Applications and Accounting applications

Job Purpose:
Reconciliation of ARIE Ledgers - Local & Foreign Bank Accounts, ensuring no anomalies and leakage/loss of income.

Job Responsibilities:

1. Reconcile Local banks
2. Arrange SOA extracts from relevant feeds and ensure uploads recorded accurately
3. Ensure SOA extracted matches the balances reflected in the statement of Account - NXG App
4. Perform Bank Reconciliation using the NXG Accurate Apps
5. Authorize stop payments in coordination with the RECO team
6. Ensure Cheques at Till are not kept pending for more than 3 days without valid reasons
7. Fortnightly Cash Report - Funds Position local Banks
8. Immediately notify FM/AFM of any violation noticed of serious nature not covered
9. Arrange funds for forex purchases & WPS requirement in coordination
10. Cost Containment - Overdraft Interest & Levy Charges

Experience:
At least 5 years of prior experience in an established bank/exchange company/financial institution

Knowledge & Skills:
Business Knowledge, People Management & Personal Skills
Knowledge of Computer Applications and Accounting applications
Numeracy and Analytical skills
Knowledge of Arabic - added advantage