Senior Officer- Accounts

Job Description

To provide financial and administrative services to support the operations of the Finance Receivables section of the Finance department specifically, depositing PDC cheques and filing all supporting documents processed by Finance Department.Generic AccountabilityTeam Supervision

• Provide guidance and on the job training for junior colleagues and conduct knowledge sharing to facilitate achievement of team objectives and completion of tasks in an efficient manner which is consistent with operating procedures and policy.
• Promote the organisations values and ethics in all activities within the team to support the establishment of a value driven within the bank.

Budgeting and Financial Performance

• Monitor the financial performance of a given area of activity versus budgets and ensure all activities are carried out in line with the approved guidelines while promptly reporting on any variances to management.

Policies, Systems, Processes & Procedures

• Provide inputs and implement policies, systems and procedure for the assigned team so that all relevant procedural/legislative requirements, are fulfilled while delivering a quality, cost-effective service.

Continuous Improvement

• Participate in the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.

Reporting

• Prepare sectional statements and reports timely and accurately to meet FGB-NBAD and department requirements, policies and quality standards.

Job Specific Accountabilities

• Receive daily cash and cheques (Current & PDC) from Cashier and deposit in the respective bank account.
• Reconcile the cash collected with the daily cash collection report for completeness and accuracy.
• Bifurcate cheques into current and post-dated categories, compiling a summary of PDCs.
• Undertake final review of current cheques for errors/omissions before stamping them accordingly, in preparation for depositing.
• Prepare the daily deposit slip for cheques collected during the previous day.
• Make copies of deposit slip for cheques following deposit at the branch together with a summary of PDCs sent to Operations/NHI and send them to FAB Properties Operations for filing.
• Receive and photocopy the owners report on a monthly basis and arrange a timely delivery.
• Upload into UBS the monthly reconciliation by retrieving the details of funds posted in the FAB Properties, MISMAK and FMI ledgers during the month, and also prepare a manual reconciliation sheet for submission to RMU.
• Ensure all documentation related to Receivables is filed daily this includes bank statements, payment vouchers and advices, funds transfer requests, owners reports, petty cash vouchers, reports and reconciliations.
• Undertake any other task assigned by the Team Leader or AVP Finance in the performance of his/her duties.
• Provide backup support if an employee goes on vacation or sick leave

QualificationsMinimum Qualification

• Bachelors degree in Accountancy or Commerce, or another related discipline is required.

Minimum Experience

• Seven years general Accounting Experience is required.

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.