bank accountant

Job Description

Roles & Responsibilities Define payment execution banks and funds receipts together with the Treasury Operations Manager for the different projects or departments. Execute banks payment plan for vendors payments, to be approved by the Treasury Operations Manager. Execute approved suppliers? payments via internet banking/manual forms. Obtain payment receipts and circulate them internally or to vendors when needed. Handle the LGs and LCs applications with banks and stakeholders. Ensure sufficient funds availability for loan installments due payment & interest charges. Review installments and interest on bank statements versus treasury reports. Update loan reports based on statements actual figures and circulate monthly updated reports. Request/download bank account statements from banks/banking portals. Perform bank reconciliations. Check variances and adjust records as needed. Create monthly closing journal entries related to bank expense, FX difference, interest expense and loan installments. Communicate bank reconciliation variances and open items with the Treasury Operations Manager. Conduct adjustments to the system based on any reconciliation variation. Handle activities related to cheque book management including filling cheque book requests, maintaining a cheque book register, and communicating with the bank. Notify the treasury operations manager and the respective teams (AR, Projects, departments dealing directly with the client) in case of customer cheque rejection. Handle communication with the bank when opening / closing bank accounts. Communicate financial and non-financial documents to bank as requested. Prepare the required documentation and breakdowns requested by GL team regarding periodic financial position, by external auditor for annual financial statements or by tax advisor for tax reporting and inspection. Generate monthly Bank Reconciliation Report, Loan Utilization Report using actual figures and daily Bank Position Report to be reviewed by the Treasury Operations Manager. Generate ad-hoc Banks commission reports and initiate opportunities of savings when possible. Comply with the sections? documented polices & procedures.

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