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Job Description

ZAIN5056 - Treasury Operations Accountant

About Zain Saudi Arabia:

Zain KSA is the newest player in Saudi Arabia’s mobile telecommunications market, having commenced commercial operations in August 2008. As of 30 September 2013, the operation served 8 million customers and had extended its network coverage to 92% of the population via a network of over 5,500 sites. Through its state-of-the-art 4G LTE network, the ever-evolving operator is striving to become the Kingdom’s preferred choice for voice, data and other telecommunications services. Through constant development of the telecommunications infrastructure and proactive marketing initiatives, Zain remains committed to offering customers in Saudi Arabia the most dynamic products and services. The basis of Zain Saudi Arabia’s achievements lies in the company’s ability to inspire its employees to deliver the best and most imaginative services at every level. With an energetic and inspired majority-Saudi workforce, the company is committed to employing high caliber people as well as nurturing the finest Saudi talent. With a strong human resources and training program that develops and nurtures leaders in the workplace, the company has consistently opened new doors for its dedicated staff. For more on Zain KSA please visit www.sa.zain.com

WHAT

The jobs in this level are responsible for performing more complex collection and payments coordination and reporting in addition to large-scale treasury operations

HOW

Collection Coordination and Reporting:

  • Review the validity of data extracted from the system to the excel file
  • Review cash collection of each shop through online banking
  • Identify complex non-routine discrepancies and coordinate with banks and shops for resolution
  • Coordinate with Sales and Distribution and Marketing Sectors for new projects which are related with collections
  • Audit the collection of new projects at Zain
  • Coordinate for the installation of proper collection items for new locations (e.g. credit card machines) and related training to concerned users
  • Follow-up with shops and other points of sale to ensure cash collection as per set policies

Payments Coordination:

  • Review payment documents received from Accounting
  • Ensure that payment letters have the necessary approvals from Accounting and authorized signatories
  • Ensure accuracy and up-to-date of payments sheet
  • Prepare required bank documents
  • Ensure proper and continuous fi
  • ling and archiving of documents (payments, etc.)
  • Follow-up with banks on the processing of large-scale payments
  • Respond to payment-related queries of suppliers in a timely manner ensuring relationship development and retention
  • Report on all payments movements for tracking and reporting purposes

Treasury Operations:

  • Assist in reconciling bank accounts and prepare monthly reports accordingly
  • Follow-up on matters related to payments, collections, etc. ensuring timely processing as per policies
  • Receive cheques and update accordingly the postdated cheques sheet
  • Continuously check balance at bank and update excel file accordingly for reporting purposes
  • Coordinate with concerned departments to obtain approvals or cancellations for guarantee extension and prepare letters to banks accordingly
  • Collect data from different departments to issue new insurance policy
  • Receive and investigate insurance claims from different departments
  • Coordinate for insurance claim and follow-up with Insurer to ensure receipt of funds
  • Coordinate with Zain group regarding insurance claims
  • Issue corporate credit cards and follow-up on existing cards to ensure validity
  • Reconcile corporate credit cards

WHAT DO I NEED?

  • Bachelor's Degree in Business Administration, Finance or Equivalent
  • A minimum of 2 years of relevant experience
  • Saudi National
Operation

Zain Saudi Arabia

Job Group

Finance

Location

Riyadh - Saudi Arabia

Contract Type

Full Time

Closing Date

25-Apr-2017

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