Senior Finance Executive

lxbfYeaa - Qatar - Doha Qatar

  • Preparing daily cash flows indicating the bank wise balances, Shariah Compliant Deposits along with expected profit rates & period, contingencies, PDC financial exposure, JPY rates etc.

  • Preparing assigned Bank Reconciliations & POS reconciliations on daily basis for uploading bank statements & clearing in SAP.

  • Preparing Banking letters to process the transactions including vendor payments, customer refunds, bank transfers, Shariah Compliant Deposits, Activate/ Unblock Credit Cards etc.

  • Arranging Letter of Credit & LC amendments required by different business units and ensuring LC clauses required by the supplier are aligned with the AAM's treasury policies

  • Checking for document arrival notification for LC discrepancies and cash against documents, arrange approval from respective BU, and process the same.

  • Arranging Letter of Guarantees within SLAs as requested by different business units

  • To sort out any discrepancy arising out of cashiering activities, coordinating with IT in finding solutions to resolve issues.

  • Verifying the commission rates for each card type for both QNB and Doha bank

  • PDC and Credit Card reclass posting based on data provided by payables team.

  • Preparation of Month End reconciliation file. To ensure that there are no long outstanding pending transactions in the reconciliation.

  • To regularly test the basic controls in SAP relating to cashiering system.

  • Communication with banks for queries, issues, payment account confirmation, SWIFTs, remittance details.

  • Communication with Business units for banking needs to share the exchange rate, payment status or for other financial metrics

  • Verifying cheques in RDC, clearing cheques and notifying sales team in SAP on alternate Saturdays.

Skills


  • Good communication skills

  • Experience in treasury & trade finance

  • Team player

  • SAP knowledge

  • Cash Management

  • Financial Accounting & Reporting

Post date: 8 August 2024
Publisher: Bayt
Post date: 8 August 2024
Publisher: Bayt