OFFICER
SHARJAH ISLAMIC BANK
مجموع سنوات الخبرة :22 years, 0 أشهر
Manage reconciliation team adhering to the SLA’s, providing prompt
support in money transfer.
• Assist with resolution for old outstanding entries to decrease
provisions lying in Nostro accounts.
• Recommend correction for variances to ensure timely resolution.
• Interact with other departments for reconciliation system (‘Accurate
UK’) extracts from other core systems.
• Authorize, account maintenance charges claimed by correspondent
banks, tallying with set terms & conditions.
• Perform depreciation process for all fixed assets as per established
procedures within bank policies.
• Reporting monthly depreciation record to the management.
• Reconciliation of assets with physical records maintained by admin.
• Record assets additions transfers & disposals within the establishment.
• Mediate with external auditors for customer balance confirmations.
• Proof read annual financial report.
Responsible for completion of accounting transactions up to financial
statements, inclusive of preparation on month end close activities.
• Reconciliation of all financial transactions associated with bank
statements, subsidiary ledger & general ledger.
• Prepare, process & administer company payroll & annual worker
compensations.
• Monitor & update Fixed Assets Register for capital expenditure &
prepare monthly depreciation schedules.
• Assist with preparation of reporting & analysis of financial results related
to business & financial objectives.
NATURE CONSTRUCTION
• Prepare asset, liability, and capital account entries by compiling and analyzing account information.
• Timely and accurate booking of all transactions related to accounts receivables & closely work with cross functional teams.
• Monthly closing activities by booking of journal entries.
• Pro-active alert delay in payments and situations which could be led to bad debts.
• Coordinate with external auditors for queries.
Accounts Payable:
• Prepare payments in accordance with vendor payment terms & conditions.
• Reconcile suppliers' statement of account & follow up on discrepancies,
• Prepare accrual journals for all purchase orders & services availed without invoices.
• Implement & follow up appropriate control measures to avoid duplication of invoices for payment.
Reconciliation
• Prepare monthly reconciliation statements for bank accounts, cash receipts, disbursements & security deposits.
• Process bank reconciliation & cash activity reports to the general ledger accounts.
Other accounting activities
• Assist with month-end financial closing.
• Deliver entries related to fully depreciated & disposed fixed assets.
• Handling Letter of Credits.