- Monitoring daily collection and report it to CFO
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- Ensure that all cash and checks receipts are collected on timely basis.
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- Ensure completeness of collection.
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- Ensure that cash account exists and is accurate.
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- Approve the request of payable settlement before CFO approval.
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- Review and monitor LC and LG on daily basis.
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- Review all check and transfers before final approval.
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- Review and monitor daily cash / bank balance.
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- Review and monitor notes payable.
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- Ensure that daily collection in all locations is deposited on daily basis.
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- Prepare weekly and monthly cash flow.
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- Ensure that all original documents are cancelled, approved or stamped paid after issuing the check.
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- Monitor and review facilities lines.
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- Monitor and review bank charges and interest and work to reduce financing cost.
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- Report banks charges on daily basis to CFO.
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- Ensure that periodic bank reconciliation are completed.
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- Ensure that required debt payments are made on a timely basis.
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- Prepare monthly banks reconciliation and present it to CFO maximum by the seventh working day of the next month.
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- Review and maintain the clients credit files and make sure that all files are completed according to the company credit policy.
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- Review and monitor all insurance certificates.
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- Review and monitor credit insurance files and make sure that the company is in compliance with the policy.
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