Cash Reconciliation Team Leader

4 days ago


Abu Dhabi, Abu Dhabi, United Arab Emirates Cobalt Abu Dhabi Full time

Our client, an international organization, is urgently looking for a Cash Reconciliation Team Leader (GCC National only) who will be based in Abu Dhabi. For this role, you will be primarily responsible for managing, under the supervision of the Ops Controller and Treasurer, the reconciliation of cash between treasury activities, platforms' movements and accounting records.

Other responsibilities will include but are not limited to:

  1. Interface closely with platforms' operations and finance teams as well as with the treasury and controllership teams to:
  2. Ensure timely and accuracy of the sub-ledger data and accounting;
  3. Ensure all cash reconciliations are prepared and reviewed accurately and submitted in line with corporate criteria;
  4. Monitoring of cash movement in line with legal purpose;
  5. Ensure company's policies are adhered to;
  6. Endure high quality of reporting;
  7. Preparation of cash flows for SPV legal entities;
  8. Principal and interest disbursements to investors and shareholders;
  9. Continuously focus on possibilities to improve policies and procedures;
  10. Participate in finance process improvement projects and other ad-hoc activities.

To be considered, you should be a degree holder in accountancy with a minimum of 3 years of experience in the same role. You should have knowledge in Oracle and Hyperion accounting packages. You should have strong Excel skills. Fluency in English is highly recommended. If you are meeting the requirements, please send your application now

About The Company

Cobalt Abu Dhabi is part of a leading international recruitment provider with offices in Europe, Singapore, Australia and New Zealand. Cobalt offers high quality HR consultancy, executive search, contingency recruitment and Emiratization services in Abu Dhabi and the wider MENA Region. It works extensively within the fields of Construction & Engineering, Banking & Finance and HR & Business Support.

Contributing to the region's development, we play a key role in identifying and attracting the very best talent to ensure the region's potential is realized. We also understand the importance of Emiratization in ensuring the long-term success of the UAE economy and have therefore pro-actively developed a strong network of UAE Nationals within our specialist areas.

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