- Contact the bank to check the cash receipt and cheques’ collection on weekly basis, follow the status of the payment cheques (even collected or not) , clarify the reasons for extra bank expenses / commissions , handover and follow up the money transfer request to control cash flow
- Conduct the bank’s data (like; bank statement, cheques’ collection, payment cheques, charge expenses and transfers) on the system then settle the bank transactions to match the balance on bank statement with the system balance (Bank reconciliation).
- Manage the cash box activities (like; cash receipt, cash payment and cheques) & report the cash position.
- Cash management between different banks.
- Preparing detailed issued payments report to maintain cash balance coverage on their due dates.
- Release the checks for suppliers.
- Observation the collecting of N/R.
- Handling any problems with any Bank and dealing with the credit departments in each bank.
- Prepare all banking wire transfer by letter instruction L/C & IDC preparation and opening LC
- Preparing a report for the outstanding LCS & IDCS & Following up advance foreign payments transactions to settle them within the deadlines.
- Dealing with all issues related to Customs & custom clearance agents’ payments.
- Monitoring all bank accounts, facilities and prepare related reconciliation on monthly basis.
- Prepare the daily report of Net Cash Available & Bank Facilities.
- Supervise Issued Checks from Payable Section as to be classified to: Confirmed and Non-confirmed Checks.
- Review and monitor Import and Export Letter Of Credit & Prepare all transaction required.
- Review and monitor Letter of Guarantee issued & prepare all application document & transaction required
- Review all month end debit, credit interest and Commission related to bank facilities.
Bachelor of Commerce, Major Accounting7 to 10 years’ experienceMS Office , MS Windows Ms Outlook, ERPExcellent command of written and spoken EnglishExperience in financial processing (cash management, AR, AP, etc.)Communication proficiencyAnalyticalTime ManagementThoroughnessLeadership