Ref: HP698-8474 Orient is an Al-Futtaim company, considered a leader in the regional insurance market with representation in the UAE, Oman, Egypt, Syriaآ and Sri Lanka, and the only company in the Middle East that carries a combined ratings A Excellent from A.M. Best and A (strong) from Standard and Poor's.
Orient is also accredited with ISO 9001 Quality Management Certification.آ The company believes in a well structured transparent corporate culture, highly professional standards and intergrity, clear strategy and employee emporwement.For this role, the duties and responsibilities are the following:
* Prepare the daily reconciliation for bank account to calculate the surplus or the deficit in the available balance.
* Review the bank statement for all accounts; calculate the bank charges; make the required internal transfers; monitoring the transfers follow up the outflow transfers with A/P section; and Follow up the inflow transfers with A/R section to make sure that it recorded accurately, timely.
* Maintain the investment accounts; follow up the due date for the matured investment; prepare the journal entries for opening, closing the investment calculate the monthly accrued income & Accrued taxes related to the investment
* Prepare the monthly bank reconciliation for all bank accounts (HSBC, UNB, NBE, BLOM, ADIB, CIB). Rectify the errors and omissions in accounts and making the required adjusting entries.
* Handle the bank relationship with the company.
* Monitoring the returned checks, uncollected checks, and pending transfers.
* Recording the ending balance for all accounts for the purpose of making the consolidating financial statements' in the holding company.
* Perform other job-related duties as assigned.
The ideal candidate for this role should be between 25-35 years of age, graduate of relevant Bachelor's degree, having at leastآ 3 years of work experience holding similar job responsibilities. Proficient inآ MS office applications.آ
Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.
The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Group’s continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.
The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Group’s belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility. |