PURPOSE OF THE JOB • To verify and validate document assignments and invoices or notifications • To process them into the factoring system without error • To process and then allocate payments quickly and without error to the level of individual invoices • To maintain the financial integrity of sales ledgers and the overall factoring system together with HUB control accounts PRINCIPAL ACCOUNTABILITIES • Invoice Processing • Payment Allocation • Interpreting sales ledger information and undertaking appropriate action • Administration and queries from customers (sellers, correspondent factors, colleagues and internal customers) • Support to the rest of the Factoring Operations team • Training of new colleagues in the department and self MAJOR CHALLENGES • Legacy IT system and the complete absence of an interface with the core HUB system giving rise to manual reconciliations, postings and a low level of workflow management. This increases required skill levels and accountability • Acceptance in the market of factoring and assignment of receivables • The potential for fraud and abuse of factoring • The uniqueness of the product within the Bank in UAE
PURPOSE OF THE JOB • To verify and validate document assignments and invoices or notifications • To process them into the factoring system without error • To process and then allocate payments quickly and without error to the level of individual invoices • To maintain the financial integrity of sales ledgers and the overall factoring system together with HUB control accounts PRINCIPAL ACCOUNTABILITIES • Invoice Processing • Payment Allocation • Interpreting sales ledger information and undertaking appropriate action • Administration and queries from customers (sellers, correspondent factors, colleagues and internal customers) • Support to the rest of the Factoring Operations team • Training of new colleagues in the department and self MAJOR CHALLENGES • Legacy IT system and the complete absence of an interface with the core HUB system giving rise to manual reconciliations, postings and a low level of workflow management. This increases required skill levels and accountability • Acceptance in the market of factoring and assignment of receivables • The potential for fraud and abuse of factoring • The uniqueness of the product within the Bank in UAE
PURPOSE OF THE JOB •To verify and validate document assignments and invoices or notifications •To process them into the factoring system without error •To process and then allocate payments quickly and without error to the level of individual invoices •To maintain the financial integrity of sales ledgers and the overall factoring system together with HUB control accounts PRINCIPAL ACCOUNTABILITIES •Invoice Processing •Payment Allocation •Interpreting sales ledger information and undertaking appropriate action •Administration and queries from customers (sellers, correspondent factors, colleagues and internal customers) •Support to the rest of the Factoring Operations team •Training of new colleagues in the department and self MAJOR CHALLENGES •Legacy IT system and the complete absence of an interface with the core HUB system giving rise to manual reconciliations, postings and a low level of workflow management. This increases required skill levels and accountability •Acceptance in the market of factoring and assignment of receivables •The potential for fraud and abuse of factoring •The uniqueness of the product within the Bank in UAE Jobs in UAE | Jobs in Abu Dhabi | Jobs in Dubai | Apply Now
PURPOSE OF THE JOB •To verify and validate document assignments and invoices or notifications •To process them into the factoring system without error •To process and then allocate payments quickly and without error to the level of individual invoices •To maintain the financial integrity of sales ledgers and the overall factoring system together with HUB control accounts PRINCIPAL ACCOUNTABILITIES •Invoice Processing •Payment Allocation •Interpreting sales ledger information and undertaking appropriate action •Administration and queries from customers (sellers, correspondent factors, colleagues and internal customers) •Support to the rest of the Factoring Operations team •Training of new colleagues in the department and self MAJOR CHALLENGES •Legacy IT system and the complete absence of an interface with the core HUB system giving rise to manual reconciliations, postings and a low level of workflow management. This increases required skill levels and accountability •Acceptance in the market of factoring and assignment of receivables •The potential for fraud and abuse of factoring •The uniqueness of the product within the Bank in UAE Jobs in UAE | Jobs in Abu Dhabi | Jobs in Dubai | Apply Now
Our client, a diversified technology media and financial services company is currently seeking a highly organized Temporary Senior Accountant who will be managing and coordinating the organization's financial system and corporate affiliations for 6 months. Your key accountabilities will include Managing accurate recording and analysis of accounting transactions for the company's operations in the UAE Reviewing and Posting monthly revenue invoices Monitoring bank accounts and applying payments received against posted invoices Monitoring the aging of the outstanding receivables Controlling and organize work so that the books can be closed by the seventh workday Preparing monthly bank reconciliation Prepares journal entries and reconciles general ledger and subsidiary accounts Updating all Balance sheet accounts worksheets Maintaining proper filing system Working closely with the Payable clerks to ensure proper coding and timely posting Supporting and help colleagues and supervisors Working closely with auditors throughout the year Preparing regular and special reports, as requested, to provide management with information needed to make informed business decisions. Jobs in UAE | Jobs in Abu Dhabi | Jobs in Dubai | Apply Now
Sectional Strategy Assist the Senior A/P Accountant in timely processing of
Reporting to: Executive Director, Finance
The role
The role requ
Retail
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-Futtaim Engineering is a multi
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About the Business :Al
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Purpose and Objective:
Maintain the Financial Data and Reco
Location: United Arab Emirates
Job Category: Health Care
Ref #: HC–02
Our client, an international food service supply chain company, is curre
Our client, an international food service supply chain company, is curre
Purpose and Objective:
Maintain the Financial Data and Records of the c
Purpose and Objective:
Maintain the Financial Data and Records of the c
Purpose and Objective:
Maintain the Financial Data and Reco
Purpose and Objective:
Maintain the Financial Data and Reco
Client: Reputed Bank Responsibilities: 1. Supervise day to day operations
Our client is a fast paced, innovative, forward thinking professional compa
-Responsible for maintenance for fixed asset register and posting appro
-Coding of all purchase invoices, and allocation to the correct company
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