Description:
Accounts Officer Required in Dubai
Position – Accountant and FX Deal Operations Officer.
Responsibilities
- Reconciliation of all foreign and local banks and FX accounts with correspondent banks
- Reconciliation of third-party accounts
- Monitoring of funding activities
- Control and report daily settlement activities
- Verify and assist in journal entries
- Prepare daily/ weekly/ monthly reconciliation report
- Prepare, examine, analyze accounting records, financial statements and reports, with accuracy, complete for reporting as per procedural standards
- Monitor and supervise the work of the subordinates to reduce the risks in posting journal entries
- Prepare and handle documents for audit and compliance purpose
- Assessment of FX deals required for remittance operations
- Tracking and recording deals of FX with various banks and correspondents and charting the FX rates in the system
- Analyze FX rates, trends, monitor FX pair rates and register same in the system with accuracy
- Analyze market fluctuations and record, share with operations team and assess related requisite actionable and execute with care
Experience & Qualifications
- Experience – Approximately 5 years’ experience with proven knowledge and clear concepts, about functions
- Of accounts and FX deals in a multi-corridor based payment service/ cross-border remittance company.