Team Leader (T3/J) – Accounting & Financial Reporting

• This position is responsible to ensure on time execution and posting of accounting entries and preparation of trial balances/FS statements.
• Timely perform balancing and reconciliation of all accounts. Prepare and share Trail Balance, Profit & Loss and financial statements with central finance team on timely basis.
• Timely perform EDD and Compliance screening; prepare invoices and track & keep record updated for all due payments.
• End to end coordination with Internal and External Audit teams.

• Entire process should be followed as per agreed Product Program, Process Notes, SOPs, OPM, CPM and ADMs.
• Ensure timely execution of Purchase, Sale, interest, claim,…., etc. invoices and record in system. And post respective accounting entries.
• Ensure no product and IFRS (accounting standards) understanding gaps.
• Ensure no errors while bookkeeping and preparation for trial balance.
• Ensure no errors while recovering fees, charges, VAT, Corporate Tax, interest, profit, penalties and charity against any exposure specifically pertain to Corporate Syndication loans and finances.
• Complete understanding of accounting standards (IFRS) and APPM to ensure no errors while accrual of income & charge components.
• Ensure to have complete knowledge of SWIFT & UAEFT standards and ensure no errors while making SWIFT and UAEFTS payments.
• Ensure to complete operating systems related UATs and highlight related observations & defects promptly.
• Ensure timely & strong tracking of post disbursement credit terms and incase of any breach report immediately.
• Ensure all banking accounts are balanced while reconciliation b/w multiple systems.
• End to end coordination with relevant stakeholders for any exception & clarification till closure/resolution.
• Perform & Review daily reconciliation of all activities/process steps which have been recorded & updated in trackers and continuous follow-up for closure. Reconciliation status to be published daily to unit manage by highlighting the issues (if any).
• Develop a controlled platform/mechanism to ensure all activities are being performed timely and error free.
• Ensure timely escalate to Manager if action items are being delayed/not responded within defined timelines.
• Ensure errors/knowledge gaps are shared with line manager/team to address customer service issues.
• Ensure to have complete knowledge of trade cycle and ensure no error or mistake while Compliance & EDD screening.
• Strong referral and follow up skills till completion of o/s task.
• No revenue leakage due to miss out in charges collection
• No outstanding reconciliation entries pending in Nostro/Vostro or Internal accounts.
• Experience of handling new system UATs, defining requirements and relevant follow-ups.

Ensure to have complete understanding of banking platforms like Flex (Oracle), ELCM, SWIFT, UAEFTS, EDMS, LLOYDs, FIRCO.

• CA, ACCA or Master degree in accounting & finance.
• 3-7 years of relevant working experiences in accounting, finance, and trade facilities.
• Experience of handling multiple system UATs, BRD preparations and meeting deadlines.
• Experience/Knowledge of handling multiple systems like CBS/Flex, ELCM, SWIFT, UAEFTS, EDMS, LLOYDs and FIRCO.
• Ability to learn new banking systems quickly and identify Gaps if any.
• Good experience to review Credit proposals & Agreements and Swift Messages.
• Good knowledge of trade documents and trade cycle. And Compliance process.
• Experience of handling reconciliation between multiple system.
• Experience of performing EDD & Compliance screening on submitted requests and Trade documents.
• Strong referral and follow up skills till completion of o/s task.
• Good communication skills and interpersonal skills.
• Proficiency in MS Office (Word, Excel/Calculations and Power point) and good typing speed.
• Ability to prioritize critical assignments and meet deadlines.

Ability to work under pressure and work as team player till completion of BAU/Assigned task