- Handle daily operation with Banks through monitoring the implementation of cash transactions, plus recording on the ERP system.
- Perform monthly and annual bank reconciliation, whether current accounts or monthly facilities, knowing the reasons for the differences and preparing settlement restrictions
- Follow up on bank accounts and record all daily transactions, payments and receipts movement on the ERP system
- Review the completion of bank transfers according to internal or external procedures
- Ensure that all bank transactions recorded & maintained in the system.
- Follow-up bank deposits in various banks, matching the interests owed with banks, and preparing the necessary accounting entries
- Loan interest recording and tracking, following up the loan value and make sure the recording matches the bank reconciliation monthly
- Follow-up and update foreign currency rates and prepare and record foreign currency differences restrictions on all bank accounts to know the actual balances of the company
- Process all cash transactions related to deposits, withdrawals & foreign currency exchanges in line with business needs.
- Follow-up and review of bank expenses and their conformity with the concluded contracts, analysis and verification of their validity
- Follow up the balances of loans, interest receivable and loan repayment installments, matching accounts with the bank, and preparing accounting entries for loans and accrued interest.
- Follow up the implementation and matching of letters of credits and letters of guarantee, and the check cycle (issuance, follow-up, and withdrawal of checks) with the applications sent and on the accounting system
- Issuance, follow-up and matching of credit facilities, collection documents, letters of guarantee, check cycle (issue, follow-up and withdrawal of checks) and transfers of suppliers abroad in accordance with the conditions indicated in the purchase orders of suppliers and on the accounting system.
- Receive checks from the collection representatives and deposit them in banks, prepare weekly reports of post-dated and returned checks and following up their position for deposit.
- Managing cash flow in and out to maintain positive flow of cash and maintaining cash needs for operations.
- Reviewing the daily movement of cash in the treasury and the associated receipts and checks exchange notes
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