Cash Auditor
2 weeks ago
**:
- Review of Group policies and procedures for payments**:
- i. Regular update of policies in the light of updated delegation of authority (DOA) matrix;
- ii. Minimum annual review and update of policies and procedures to ensure smooth and simple process flow while maintaining sufficient control;
- iii. Development and implementation of control checklist;
- iv. Regular training of concerned personnel to ensure they are up to date with the changes in policies and procedures.
- Pre-audit of all payment vouchers before approval of Group CFO and CEO:
- i. Ensuring three way matching of payment vouchers;
- ii. Ensuring compliance with VAT laws and regulations;
- iii. Re-computation of payment made to ensure accuracy of payment
- iv. Ensuring respective expenses are for the operations of the Group (avoiding any unauthorized or fraudulent payment);
- v. Ensure proper securities are in place for any advances made;
- vi. Avoid duplication of payments.
- Ensuring accurate recording of transactions:
- i. Ensure recording of invoices against the correct purchase order;
- ii. Reviewing invoices processed and ensure all data is accurate.
- iii. Review of DOs, GRNs, Payment Certificates (PCs) for the recorded invoices;
- iv. Ensuring recording of invoices against the approved vendor;
- v. Ensuring accurate deduction of advances, retentions and deductions;
- vi. Ensuring booking of invoices against the right cost codes;
- vii. Ensuring proper recording of petty cash:
- a) Against right cost ledger;
- b) In sufficient detail;
- c) With correct description;
- d) With required dimension.
- Review of document retention policy with respect to payment cycle and ensuring compliance with Group policies and statutory requirements.
- Investigation discrepant invoices and recommend actions to resolve.
- Improvement of payment cycle:
- i. Identification of key control points of the system;
- ii. Recording and summarization of key findings.
- iii. Draft of periodic audit report on key findings with recommendations for management review and implementation.
- Conduct follow up reviews and preparing follow up audit reports.
- Conduct regular surprise cash counts.
- Conduct regular surprise cheque counts to identify any missing cheques.
- Maintain log of payment vouchers and avoid any delays in the payment process.
- Regular review of outstanding advances to ensure timely settlement.
- Maintain tracker of advance payment guarantees, security cheques received and ensure its validity.
- Maintain tracker of utility payments to avoid any disconnections.
- Conduct of special audits and reviews, as directed by the CFO and/or CEO.
**Salary**: AED2,000.00 - AED3,000.00 per month
Ability to commute/relocate:
- Ajman: Reliably commute or planning to relocate before starting work (required)
**Experience**:
- cash auditor: 1 year (preferred)
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