Senior Officer - Finance (Bank Reconciliation)

Shamal Holding is a diversified investment firm that cultivates the extraordinary. Born in Dubai, we curate a unique portfolio of extraordinary investments, experiences and assets to generate meaningful outcomes. The investments we make are strategically chosen and thoughtfully nurtured, mirroring Dubai’s ambition, spirit and energy. As a global investor, asset owner and developer we utilise our resources, know-how and connections, to deliver long-term value, wherever we operate.

As Shamal Holding continues to grow, we’re in search of a Senior Officer – Finance (Bank Reconciliation). In this role you will be responsible to ensure the accuracy and integrity of financial transactions by reconciling bank accounts, preparing journal vouchers, and maintaining relevant listings.

• Generate bank statements of various bank accounts from online portal on daily basis and to modify the same to use for bank reconciliation purpose.
• Perform the full reconciliation process to identify the unreconciled transactions and unrecorded transactions on daily basis for all bank accounts maintained by the group.
• Distribute the list of unrecorded transactions to AP and AR team to pass the necessary entries.
• Pass the necessary adjustment entries for bank charges and foreign exchange gain/loss on monthly basis based on bank reconciliation process.
• Prepare the summary and detailed bank reconciliation report, bank account wise in excel and to distribute the same for line manager review.
• Prepare daily reports identifying discrepancies in bank accounts.
• Collect and reconcile bank and merchant statements.
• Prepare outstanding, erroneous credit and debit, and unidentified listings.
• Regular follow up with the operation team(s) for the details to close the bank reconciliation.
• Distribute the bank statements to different teams within finance as per requirement and request.
• To ensure bank statements and cash books are reconciled monthly in accordance with regulations.
• Perform any other tasks as requested by the line manager and business needs.

• Bachelor’s degree in finance, Accounting, or a related field.
• Minimum of 2 years of experience in bank reconciliation or a similar role.

For more information about Shamal, please visit our LinkedIn page: https://www.linkedin.com/company/shamalholding/

Note:

Due to a high influx of profiles, only shortlisted candidates will be contacted.