Manager- Government Payment and Reconciliations

Job Description

Core Responsibilities

• Provide accounting and operation support to the unit as per guided approved in SOP
• Expertise in NHL all accounting entries including mirror entries
• Execute payment to consultant and contractor after ensuring proper supporting of documents and approvals
• ADHA Account reconciliations
• Regularly monitor the suspense accounts, 153 account & 154 accounts
• Verifying Proof & Verification report (PVR) as required by Risk Management
• Approving/Posting/uploading of transaction into T24 (Globus)
• Reconciliation of transaction upload file and approving the transaction in to T24 system
• Prepare vouchers for irregular and corrective transactions and post in to T24
• Prepare MIS for ADHA & Provide them as and when required
• Updating daily reports and monthly reports
• Co-ordinates with IT & NHL team for development & UAT testing for system improvement
• Ensure 5% VAT pay out on NHL fees collected under PL accounts
• Disbursement of loan in T24 and approving of due date as assigned
• Handling the court case payments

Self-Management Responsibilities

• Define performance goals at the start of the year in discussion with the reporting manager and ensure that the goals are achieved during the year.
• Identifies the training and development requirements for self and agree and agrees on them with the report manager and ensure that the required training is attended.
• Keeps up to date knowledge on the required development and system enhancement, new techniques for solving the current issue faced by unit.

Customer Centricity

• Negotiates with external customer (Contractor / consultant and project owners) & coordinates with other departments to meet client service expectation

Internal Collaboration

• Develops relationships and coordinates with other departments to meet client service expectations.
• Engages with stakeholders including Operations, Technology, Branches, ADHAetc

Policies, Systems, Processes, & Procedures

• Implements departmental policies, systems, and procedures so that all relevant procedural/legislative requirements are fulfilled while delivering a quality and cost-effective service
• Contributes to the identification of opportunities for continuous improvement of systems, processes and practices

Qualifications

• Bachelors degree in Business Administration, Business Management, Finance or any related discipline
• Minimum of 2 years of experience in accounting or finance

Keyskills :

About Company

FAB, the UAE’s largest bank and one of the world’s largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi, in Khalifa Business Park, the bank’s international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.