banking jobs in UAE | Emirates Development Bank (EDB) careers

 banking jobs in UAE | Emirates Development Bank (EDB) careers

Emirates Development Bank (EDB) announced, through its Linkedin account, a bank job in UAE (Senior Officer, Finance (UAEN)) according to the following:

• Prepare all expense entries and processing of payments, payroll, General ledger (GL) Accounts, accounting control, prepayments and accruals, fixed assets, and depreciation to ensure accuracy of entries.
• Prepare a comprehensive analysis of all expenses incurred and forward to the line manager as and when required to ensure accuracy of expense entries.
• Conduct the processing and recording of vouchers/ invoices and maintenance of records pertaining to the aforementioned to ensure all transactions are processed and recorded.
• Review and discuss with the line manager, all adopted accounting transactions in order to ensure all transactions are accurate.
• Enter transactions in the established comprehensive financial systems and maintain these systems in order to properly account for EDB’s transactions.
• Post journal vouchers in accordance with the policies implemented and ensure completeness, validity and accuracy of the accounting system implemented to ensure adherence to policies and procedures.
• Complete the period end closing of financial accounts on a timely basis and in accordance with the IFRS / IAS format, as per the agreed plan to ensure efficiency and timeliness.
• Ensure that provisions, accruals, prepayments and other entries for periodic and annual closing of financial accounts for EDB are complete, accurate and adequately supported.
• Enter all expenditure requests and coordinate with the Financial Accounting Manager in developing bank wide policies and procedures for capital expenditure budgeting, control, and reporting to ensure accuracy of expenditure requests.
• Prepare all accounts payable activities to ensure that payments are made to relevant suppliers within the contracted credit period.
• Compile monthly outstanding balance reports, prepare payment requests for unpaid invoices and send letters to debtors with long outstanding balances
• Ensure reconciliation of all expense accounts of EDB on a daily/ weekly/ monthly basis and report exceptions for correction and follow up to demonstrate efficiency in reporting.
• Review the expenditure process with the Senior Financial Accountant in order to suggest procedural changes if necessary and ensure that any errors found are logged and corrected.
• Maintain all daily general ledger vouchers and data entries in order to ensure accuracy of entries.
• Respond to any requests for general ledger information from various management teams to ensure that all required information is efficiently communicated to management.
• Coordinate with external auditors in performing annual audits of financial records to ensure that audit process runs smoothly.
• Prepare all necessary worksheets and financial analysis required by Internal Audit and other departments in order to support the Audit functions.
• Conduct day-to-day transactional processing and reporting on taxation. This includes the accurate posting of all tax related entries
• Preparation, validation and submission of monthly and quarterly VAT returns for the UAE entities
• Implement the highest financial reporting standards for the preparation and presentation of EDB’s external financial accounts in order to demonstrate adherence to reporting standards.

To know more details about the vacancy and how to apply kindly check the link below:

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