Assistant Finance Manager
Dream line Trading and Contracting LLC
مجموع سنوات الخبرة :10 years, 1 أشهر
• Assist in preparing financial presentations and reports for senior management.
• Assist in the development and implementation of financial policies and procedures.
• Develop effective, supportive and collaborative relationships with colleagues.
• Ensure compliance with financial regulations and reporting standards.
• Assist management in taking financial decisions.
• Provide and interpret financial information.
• Develop financial management mechanisms that minimize financial risk.
• Gathering critical information from meetings with various stakeholders and producing useful reports.
• Manage information flow by researching, recording and analyzing data and information with a regular flow of information and conducting compliance risk assessments, to ensure that the business runs smoothly.
• Monitor all operational processes and procedures using a compliance management platform to ensure that the company complies with all legal regulations and ethical standards.
• Conduct regular audits to identify potential weaknesses and noncompliance situations.
• Make sure the organization has a clearly defined program for complying with the country’s law.
• Reduce and mitigate the risk of financial losses or damage caused by non-compliant conduct.
• Assess company operations to determine compliance risk.
• Ensure all employees are educated on the latest regulations and processes.
• Resolve employee concerns about legal compliance.
• Monitor all FC and remittance transactions verifying KYC documents for individual and corporate clients.
• Verify the high-volume transaction to check all the necessary document are collected before initiating the transactions for both individual and corporate customer.
• Responsible for AML Compliance Processes & Performance as per Central Bank of UAE standards.
• Training the staff regarding AML policies and procedure according to Financial Intelligence Unit (FIU), the Central Bank of UAE.
• Ensure compliance with all operational, security and control policies.
• Maintain proper records on all files, documents, transactions as per guidelines issued by the management.
• Buy and sell foreign currencies from walk-in customers on a regular basis and from other exchange houses or financial institutions whenever the situation demands.
• Forecast daily currency requirements; offload excess currency position to Head office/other branches/other exchanges, avoiding unnecessary fund blockage.
• Monitor daily ongoing market currency rate and decide the buying and selling rate for each currency to attract new customers/retain existing customers ensuring maximum profitability for the company safeguarding customer service intact.
• Provide adequate and necessary information whenever required to head office, administration office or various departments of the company.
• Daily execution of data entry material coupled with analysis under a high-volume customer driven environment.
• Ability to meet challenging deadlines.
• Execute data entry and database analyses with high level accuracy.
• Generate Bank statements, general ledger maintenance and reconciliation.
• Comply with federal, state, and company policies, procedures and regulations.
• Send claims to proper departments. Scan documentation and enter into the database.