Senior Accountant - Treasury

Job Description

Role Purpose:The role holder is responsible for supporting all daily and monthly bank reconciliation for all DHAM operations including collection, payment, treasury whilst ensuring maintenance, accuracy, and system updates of accounts and financial records in order to support the achievement of departmental objectives.Key Responsibilities / Accountabilities:Overall Responsibilities

• Verify and maintain a book of accounts for bank payment and bank receipt entries, preparation of journal vouchers, debit/credit notes, cheques ensuring data accuracy.
• Post financial entries periodically and manage data updates into the assigned system to facilitate efficient processing of transactions. Maintain records for all transactions for the audit trail.

Residential and Retail Daily Reconciliation

• Monitor the preparation of bank transactions (bank lines) reconciliation against the ERP systems (Oracle & Yardi) recorded for collections and payments on a daily basis.
• Compare all transactions recorded in the ERP to ensure they are reflected in the bank?s physical transactions.
• Compare all transactions recorded in the bank to ensure they are reflected in the DHAM ERP system.
• Review and validate treasury transactions (bank charges, interest received, interest payments, Other Fees).

Responsible for Monthly Reconciliation / Account Statutory Reporting

• Supervise reconciliation of all relevant sub & general ledger balances, reports, and reconciliation as per defined standards of accounting internal policies to ensure correct balances are reflected in DHAM?s books of accounts.
• Conduct two-way bank transactions & ERP reconciliation on a monthly basis.
• Manage the closing of accounts as per specified time scales and company policies and procedures.

Treasury Investments Accounting and Reconciliation

• Prepare the accounting for any Treasury investments-related transaction.
• Ensure fixed deposit and interest accruals in DHAMs books are updated as per verified Fixed deposit placements.

Unidentified Receipt Process Implementation and Review

• Evaluate and implement unidentified receipt identification and receipt booking process.
• Discuss, investigate and solve exceptions.
• Make entries of other income after aging of 5 years.

Loan Payable Accounting and Reconciliation

• Ensure proper accounting of the facility accruals and payments (Principal payments, interest and hedge accruals, amortizations) and hedge instruments (IFRS documentation & accrual).

Monthly Journal and Financial Entries Preparation

• ???Prepare monthly journal entries pertaining to loans, fixed deposits, and treasury-related transactions with an adequate audit trail.

Profit & Loss account Reconciliation

• Prepare Profit & Loss reconciliation ensuring books are matching with verified Facilities and Investments schedule.

Reporting

• Prepare various financial statistical reports for the management to facilitate timely reconciliation of various designated accounts and keep them informed of the status.

Internal, External, and Government Audit Assistance

• Assist auditors in completing audits as per the schedule by liasoning with other departments and providing them the requisite information.
• Support the implementation of action plans for audit findings to ensure that all the audit findings are worked on and successfully dealt with facilitating subsequent audits if required.

Continuous Improvement

• Keep abreast of professional and technology developments, new tools and techniques, changes in regulation, and other best practices.
• Advice management of new ideas and solutions in the treasury environment.
• Coordinate and prepare new project proposals and execute approved projects within the Treasury function.
• Constantly evaluate and look for areas of improvement in back-office operations to bring efficiency and effectiveness.

Keyskills :