Job Responsibilities – Finance Executive (Banking Operations)

• Prepare and maintain daily bank position reports to ensure accurate monitoring of funds across all accounts.
• Review and verify all daily incoming transactions for accuracy and proper recording.
• Ensure timely processing and proper documentation of backdated entries in the system.
• Monitor transactions to avoid duplication and maintain data integrity.
• Perform receipt confirmations against bank records and system entries.
• Download and attach bank statements, or obtain transaction verification from the bank (including telephonic confirmation in urgent cases).
• Conduct weekly “As On” expense verification and update the same in bank position reports.
• Manage and track weekly project reserve installments.
• Verify monthly incentives related to reserves to ensure accuracy and compliance.
• Review and maintain monthly Zakat and charity records in line with reserve allocations.
• Maintain and monitor vehicle reserve accounts.
• Review the Bank Payment Voucher Report for all companies to ensure completeness and accuracy.
• Authorize and follow up on LC (Letter of Credit) transactions.
• Prepare and issue monthly bank statement confirmation letters to banks.
• Perform Bank Reconciliations (BRs) for all assigned companies to ensure accurate financial records.