Job Summary
To establish and maintain all GL/ Suspense accounts integrity including:
Controlling and reviewing all GL, Suspense, Sundry accounts reconciliations.
Monitoring the integrity of the general ledger accounts, identifying, communicating and resolving issues relate to un-reconciled balances.
Liaising with Finance, Ops Risk, Internal and External Audit in relation to GL/Suspense accounts balance reporting and ad-hoc task/assignments.
Quality dashboard preparation, management reporting, and opportunity identification.
Key Accountabilities
• NOSTRO/ Dividend/ Central Bank/ ATM GL/ Sundry/ Suspense accounts reconciliation & monitoring of aging analysis.
• Visa Card/ MasterCard/ Diners including Issuing & Acquiring – Debit & Credit Card GL reconciliation & monitoring of outstanding items.
• Automation of all manual reconciliation processes with proactive controls for exception management.
• Reviewing the transaction defects based on root-cause reports and identifying/proposing robotic automation solutions with enhanced controls.
• Monitoring and effectiveness of overall reconciliation quality including auditing via spot checks.
• Ensuring accounts are reconciled from the GL to an appropriate source.
• Tracking un-reconciled outstanding balances and clearing issues.
• Escalation of issues as required.
• Understanding and approving the risk assessment, procedures and level of evidence required to complete a reconciliation.
• Recruiting, training, developing, leading, motivating a team to deliver high-quality services.
Education
The Commercialbank of Qatar was established in 1975 as the first wholly owned private commercial bank in Qatar. Initially capitalized at QR 10 million it has grown and prospered over the years to become an important regional Bank with capital and reserves of over QR 2.90 billion and a total assets book of QR 19.0 billion as at 30.09.2005. It has been profitable in every year since its foundation and has paid dividends annually. The Bank offers a comprehensive range of Corporate, Retail and Investment services through a network of 23 branches, sales offices/pavilions, 78 ATM's, 26 Deposit Machines, Internet Home Banking and the largest EFTPOS network in the country. The Bank has played an active role in support of Government strategy for the industrial development of Qatar. It has participated in the finance of all major projects to this time. Commercialbank is a progressive and innovative organization dedicated to developing its people to their full potential. To attract and retain talented people with the right skills, we offer a competitive reward package, subject to qualifying conditions, which includes a comprehensive range of benefits to drive excellent performance.
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