Accountant, Treasury

About the Job

Process overall activities of cash management and payroll functions by managing cash estimation process, ensuring obtain of proper fund requirements, controlling financial transactions and timely reconciliation, and processing of various payments to employees.

• Maintain preparation of detailed short and long term forecasts of cash estimates / requirements and ensure adequate funds are available from the assigned sources in order to meet payment obligations and that no overdraft requirement is encountered.
• Ensure that unutilized funds of shareholder are returned and shareholders income is distributed on a periodic basis.
• Monitor and control the petty cash holdings in order to ensure that cash is properly utilized and reconciled.
• Ensure that cash and bank ledgers are accurately and properly maintained; discusses irregularities / discrepancies with banks in order to ensure appropriate rectification / reconciliation.
• Monitor and control interest-bearing accounts in order to ensure accurate calculation of banks interests; controls the appropriation of funds and disposition among the bank accounts.
• Manage, control, and endorse all payments related to the employees made to their respective bank accounts, in cash, or through cheques. Control repayment and reconciliation of advance payments made to employees.
• Ensure and supervise creation of provisions to cover end of service gratuity for expatriate employees and pension contribution to UAE national employees. Verify and process payment of end of service benefits to departing employees in compliance with valid policies and procedures.

• Bachelor degree in Accounting / Finance with appropriate Membership of Certified Professional Body (ACCA, CPA, ACA or equivalent).
• 4 years’ relevant work experience in treasury/ cash management or banking field is preferred