Accounting Specialist

4 days ago


Sharjah, Sharjah, United Arab Emirates Sharjah Islamic Bank Full time
Careers in a Changing World of Islamic Banking

Our bank is seeking a highly skilled individual to join our team as an Officer - Escrow, Sharjah.

The successful candidate will be responsible for processing day-to-day activities related to Escrow Accounts in accordance with regulatory requirements and SIB policy and procedures, including Suspense Account Reconciliation.

Key Responsibilities:

  • Download payments/new accounts activation approvals from TAS and prepare supporting vouchers related to total types of payments and input respective entries in T24.
  • Monitor inflow funds without buyer code and coordinate with Developers to obtain the same.
  • Respond to investor inquiries in a timely manner and prepare cheque deposit list on a daily basis.
  • Maintain cheques return list and liaise with ICCS team for cheques to be sent for clearing.
  • Prepare MIS reporting and any other job assigned by the Head of Division.

Suspense Account Reconciliation:

  • Check the GL report to ensure that all Branches and HO departments have provided their sheets on time.
  • Review the sheets for accuracy, justification, and completeness.
  • Report discrepancies (if any) to the branch/department concerned on an escalation basis.
  • Adopt proper follow-up mechanisms and prepare adequate reports to be submitted to management.

Required Skills and Qualifications:

  • Bachelor degree or Diploma in Accounting, Information Administration, or Banking.
  • Minimum 4-5 years of banking experience in corporate banking in a relationship role.
  • Proficiency in Microsoft Office (Word/Excel, PowerPoint) and 3 years of experience with MS Office and T24 Software.
  • Strong oral and written skills in both Arabic and English.


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