Cashier (AR) - Credit Control Department
Abu Dhabi National Insurance Company
Total years of experience :11 years, 9 Months
Cashier in motor insurance department- Accept payments for renewal of insurances or new purchases, prepare receipt vouchers, send regular daily reports at the end of the day for total collections, Print cheques for motor claims & get it signed from the managers in the branch, inform the customers about the cheque availability either through call or SMS facility by ADNIC, make petty cash payments for amounts upto AED 500, manage replenishment of cash on regular basis.
Additionally, responsible for periodic reconciliations of debit & credit invoices that are outstanding and the further analyze the ageing reports to coordinate with the respective departments for clearing them or provide details about the balances.
Required to post necessary journal entries for adjustments as needed to allocate the outstanding balances in respective accounts.
Report to Chief Financial Officer and Vice President of Financial Control Department of Mumbai Office, Head office of all Indian Branches of the bank. Responsible to work under accounting, taxation and management control departments within Financial Control. Mainly responsible for all monthend tasks relating to Head Office reporting, Local RBI reporting such as Regulatory returns, working on service tax entries, transfer pricing and benchmarking, Nostro Local and Suspense accounts reconciliation, operating expenses scrutiny and follow up with the departments for the deviation if any.
As the role of researcher was responsible to work on Mergers and Acquisitions transactions by thorough research on the deals allocated by the team leader. Surfing the company websites, bloomberg, SIDBI, SEC, NASDAQ, NYSE, BSE, NSE websites for more information on the deals, working on the synergies for the acquisition/merger, working on the company profiles and inputing them in the website, accumulating the information related to share prices on the stock exchange websites, calculating the IPO prices in case of the IPO transactions, collecting information related to the Private equity firms, Block dealers, and other parties involved in the transactions and reporting the same along with the synergies and which would then be reviewed by the reviewer for validating the deal work done.
Was a part of Accounts Payable department in Purchasing Domain in Dow Chemical Process of Europe: responsible to process freight invoices received from the Ternuezen team on a daily basis for various shipment invoices. To process these invoices and input the same in SAP R2 system. In case the invoices are not in line with the requirements of the system, to be expidited to the offshore team to check the same. Was actively responsible to complete the monthly and quarterly targets of the team and prepare the presentations as required by the teamleader for the team meetings and to discuss the objectives for the process improvement.
Passed CFA Level 1 of the CFA Program in June 2017
Topper in the 1st and 2nd year and received scholarship.