Senior Accountant Treasury | Khidmah
Company Name: Khidmah
Qualification: Masters Degree & Bachelors Degree
Location: Abu Dhabi, United Arab Emirates
Salary Range: 8,000 AED – 10,000 AED
Company Size: 500 – 1000 Employees
Other Benefits: Medical Insurance | Bonus
Employment: Full Time
About Company
Our facility management solutions are designed to offer the perfect mix of services for your facility and budget. Our expert team is always on hand to help you, whether it is structuring the right package of services for an integrated facility management solution or taking care of one-time maintenance issues.
We support you from initial consultancy to help you determine the right solutions for your needs to efficiently execute a wide range of areas, including mechanical, electrical and plumbing services, cleaning, maintenance, hospitality, pest control and much more.
By focusing on cost effective, planned maintenance regimes and applying innovative technologies and techniques, we reduce the need for reactive callouts, so your facility gets the best possible care while saving you time and maximizing the return on your investment.
We manage landmark developments across the region, addressing the need for a specialized and reliable property solutions. From the early design stage to handover, operations, selling, leasing, managing and maintaining properties and facilities, we have the size, experience, skill set, commitment and resources to deliver on the needs of every property stakeholder.
Job Description/Role
About this role:
- Prepare the bank reconciliation of approx.. 30 bank accounts of all entities in SAP.
- Liaise with relevant departments to ensure timely posting and clearing of bank transactions.
- Prepare all Month end closing reports/ schedules as required by the Finance Reporting team of the vertical and group.
- Process new guarantee requests, maintaining register/log and upon project completion liaise with operations to collect bank Original Guarantees and submission to Bank for cancellation.
- Report the collection in all accounts to management on daily basis and cash position on weekly basis.
- Establish and Maintain H2H integration between Bank and ERP for all entities. Maintain the Bank mandate Authorization validation in SAP.
- Handle POS Machine / SCD Machines / Cheque Scanners / Credit Card / Prepaid Card / Payment Gateway related tasks for entities.
- Focal person for account opening, closing and updating KYCs with banks.
- Daily monitoring of the Bank credits for all entities and share with respective operations team and accountants for creating receipt and updating the Account receivables report.
- Arranging the deposit of cheque collected by Accounts Receivable team and handed over to treasury and arrange to collect back from bank (if any) bounced cheque to be handed over to respective accountants for further action from their end.
- Record accurately the daily Sweep transactions within Bank accounts, maintain the worksheet for daily sweep amount and daily interest.
- Prepare the Fund position report with the planned payments to be done for each entity for management review and decision making.
- Update the Corporate Bank accounts with any BANK MANDATE revision or any Ownership Changes/ appointment of Registered officers for collection and submission of documents to or from Bank.
- Custodian of the Security Cheque & Bank Guarantees received from Vendors, maintain record and proper handover upon release order from payable dept.
- Custodian of the signed Vendor cheque for final release to vendors and monitor the PDC cheque clearing and follow up with payable dept for any action to be taken.
- Final releaser or send to bank for the fully authorized payments after proper check and bank balance validations for all entities, random check on the H2H NACK files and intimate the ERP for correction of the file and reupload (if any)
- Prepare and consolidate the cashflow forecast of all entities.
- Point of contact for any banks related activities, queries or transactions.
- Any other additional task assigned by the Management time to time.
Qualifications:
- Bachelor’s degree in finance
- A Professional certification like ACCA/CIMA/CMA is must
- 8-10 years of total finance experience
- 5-6 years of experience in Treasury
- 2-3 years of experience in same industry and big group
- ERP (Preferably SAP)
- Advanced Excel
- Excellent Communication
- Multitasking
- Analytical ability