Full Time 3 months ago

Job Details

Experience Needed:

5 to 7 Years

Career Level:

Experienced

Education Level:

Bachelor's degree

Salary:

N/A

Job Category:

Financial Accounting

Skills And Tools:

  • Financial Reporting
  • Internal Control
  • Budgeting
  • Bank Reconciliation
  • Cash Management
  • Financial Planning
  • Oracle
  • Communication
  • Attention to Detail
  • Accuracy
  • Negotiation
  • Forecasting
  • Organizing Skills
  • Microsoft Office
  • Microsoft Excel
  • ERP
  • SAP
  • Banking
  • Bank Transactions
  • Analytical Skills
  • Compliance
  • Payments
  • Bank Statements
  • daily journal entries

Job Exerpt

Chief Accountant (Banking) experienced

Job Description

Bank Account Management: -Prepare and review monthly bank reconciliations. -Ensure all bank transactions are recorded and matched with bank statements. -Monitor daily bank balances and cash movements. Payment & Collection Processing: -Manage Letters of Credit (LCs) and Letters of Guarantee (LGs). -Control issued and received cheques and ensure timely collection. -Execute and follow up on bank transfers (local and international). Bank Communication: -Act as the main point of contact with banks regarding facilities, loans, and day-to-day operations. -Negotiate banking terms, interest rates, and charges to optimize costs. Reporting: -Prepare daily, weekly, and monthly cash position reports. -Analyse and forecast cash flow to support financial planning. -Ensure accurate and timely reporting of all bank-related transactions. Internal Control & Compliance: -Ensure compliance with the company’s financial policies and procedures. -Implement and maintain effective controls over treasury and banking activities. Support Strategic Financial Planning: -Participate in budgeting and financial planning related to cash and banking. -Monitor and manage short- and long-term funding requirements.

Job Requirements

-Bachelor’s degree in Accounting, Finance, or related field. -Minimum 5–7 years of experience in accounting, with at least 3 years in a similar banking or treasury role. -Strong knowledge of ERP systems (SAP, Oracle, or similar). -Advanced Excel skills and analytical capabilities. -Excellent communication and negotiation skills. -Expected to work under tight deadlines and handle high volumes of transactions.