Assistant Cash / Bank Controller

Job Purpose

To maintain proper accounting records and monitoring of financial transactions in line with the Company Policy  and Procedures  

Manage, Maintain and Reconcile assigned Bank Accounts at Head Office.

 

Main Accountabilities:

• Ensure the Job Purpose happens 
• Treat all customers, peers and colleagues with integrity and collaboration to ensure  driving a high performance culture. 
• Model the core values, develop and enhance use of the BCo Universal Competencies  adhering to the lead-by Example competencies 
• Comply with all HR & Binzagr Company policies and procedures 

• Comply with all Standard Operating Procedures and Service Level Agreements

 

Main Responsibilities: 

• Daily upload the electronic bank statements and reconcile the assigned banks.
• Daily coordinate with AP/AR team and clear the outgoing and incoming payments.
• Daily initiate and Upload the assigned Sadad Payments. 
• Daily Capture Customer & Principal Incoming Payments thru HO Bank Accounts in  Coordination with Claims Section. 
• Daily Process Vendor Payments – Trading (local and Foreign) and Non-Trading.
• Daily Record incoming cheques at HO thru Cash Journal and deposit the same and  follow up clearing. 
• Daily Access to each bank account thru online to download the bank statement.
• Coordinate with treasury to get manual bank statements and other letters as and  when needed. 
• On a monthly basis, prepare the complete bank reconciliation statement of the  assigned banks.  
• Prepare and circulate daily open items report and identify the long outstanding  items of the assigned banks. 
• Coordinate with Treasury Department in case of any issues relating to any bank.
• Weekly Review All Cash Journal Open Documents – not yet processed & posted.
• Daily Issue Cash Receipts against funds received at Head Office.
• Assist the supervisor in maintaining the bank master. 
• Ensure safe custody of all the assigned assets, papers, documents, cheque books,  bank transfer forms, bank letters, etc. 
• Daily achieve the Soft / Hard Copies of Business related files & documents and  store the same in DMS system / SAP System. 
• Review, Analyze and Clear Assigned Balance Sheet Accounts. 
• Ad hoc Tasks and projects as requested by the line manager.