Job Description

Cash Management affairs of the Exchange

· Accounts in charge of finalization

· Correspondent Banks / agent replenishment of account

· Co-ordinating/ managing branch affairs and its operations

· Maintaining inventory management

· Reconciling and monitoring all exchange dealings & remittances

· Create periodic transaction reports

· Monitor and Fund availability of sufficient AED / currency stock

· Daily Operational Standards and implementation

· In charge of Accounts / Finance affairs

· Responsible for reconciliation of accounts with banks inside / outside of U.A.E

· Key holding when instructed

· Fund / Cash management

· Organize transfer of excess funds

· Submitting of weekly report with any suggestion and remarks

· All accounts work related

· Adhere to signed Company rules & Policy Procedure

  • Arrange to submit accurate regulatory reports, such as monthly returns, quarterly returns, monthly remittance reports, audited financial statements etc. within the submission deadlines to the Central Bank
  • Maintain automated books of accounts for generating periodical CBUAE return with the aid of suitable accounting software
  • Always maintain appropriate reports for Foreign Currency Exchange and Remittance Transactions for all periods, for examination of CBUAE
  • Obtain statements from foreign banks and foreign remittance partners and perform reconciliation of balances on a regular basis, preferably daily
  • Investigate the differences identified during the reconciliation process and report all un-reconciled items to the Manager In-Charge immediately
  • Assess the value and act on the unclaimed funds on a regular basis
  • Assess the liquidity position and capital adequacy on a regular basis to inform the Finance Manager
Job Overview
Job Posted:
1 week ago
Job Expire In:
6d 17h
Job Type
Full Time
Job Role
Bachelor Degree
1 Year