Job Summary: The Executive-Accountant will be responsible to manage Bank Reconciliation’s for property sales and other related business. Must be capable of performing duties with limited supervision. This role requires candidates with hands-on experience in operating spreadsheets and accounting software (Qracle + Yardi). This would work within the treasury team overseeing treasury and insurance in accordance to department timelines and company policy and procedures.
Key Duties and Responsibilities:
Prepare Bank Reconciliation Satements ( BRS ) for all the accounts across the group.
Intimate / Follow up with the respective AR/AP teams for the pending entries in the BRS
Liaise with the banks for any transaction related queries
Opening Escrow accounts and arranging bank guarantees
Arranging Letter of Credits for suppliers
Arrange fund transfers between banks/between verticals
Administrative jobs related to banks – preparing letters for signatory changes, account closures, etc.
Insurance – Managing Claims , tracking claim status , liaising with Insurance Brokerage Agent on various transaction related issues and tracking the Claim report on a monthly basis
Qualifications, Skills and Experience:
A professional accounting degree is a must, need to have experience in Oracle GL and cash module. Needs to have browsing navigation knowledge of Oracle AR for investigation and also as due to VAT as the bank will be charging us 5% on charges which we will have to claim back from the authorities.
Proven working experience in managing bank reconciliations independently.
Knowledge of managing escrow accounts would be a plus.
Solid understanding of basic accounting principles, fair credit practices and collection regulations
Proven ability to calculate, post and manage accounting figures and financial records
Proficiency in English and in MS Office
Customer service orientation and negotiation skills
High degree of accuracy and attention to detail
Ability to multitask as well as have strong attention to details.
Strong networking skills with the ability to communicate across various departments with the organization.
Dubai Holding is a global investment holding company which develops and manages a portfolio of companies focused on investments, financial services, real estate, specialised business parks, telecommunications, and hospitality. It is majority owned by Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of Dubai, and the primary founder of Dubai Inc. Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum chose Abdulla Al-Habbai as chairman.