Bank Reconciliation Team Member

Role Overview

Bank Reconciliation Team Member at Zain Group. This role supports Finance projects and handles bank-related financial issues, including recording and reviewing financial transactions, performing bank reconciliations, preparing banking account reports, calculating interest, and managing foreign currency exchanges while ensuring strict compliance with international standards and Zain's financial and accounting policies and procedures.

Role Purpose

Support Finance projects by managing bank reconciliations, financial transactions, and cash management activities while maintaining accuracy, timeliness, and compliance with international standards and organizational policies.

Key Responsibilities

Bank Reconciliation & Account Management

• Perform bank reconciliations and prepare banking account reports.
• Reconcile credit card companies' accounts and those related to Zain outlets and submit them for review and approval.
• Maintain strong effective relationships with banks through good communications and cooperation.
• Negotiate with banks to secure the highest interest rate for Zain Jordan deposits.
• Provide banks with necessary reports and written documents through analysis of financial information and financial forecasts.

Financial Transaction Processing

• Record and review financial transactions.
• Prepare invoices and ensure accuracy and compliance of receivables' entries against established rules and accounting principles.
• Prioritize and coordinate the workflow of invoices to ensure timely and accurate processing of documents.
• Ensure appropriate accruals and adjustments are recorded.

Cash Management & Reporting

• Prepare consolidated cash balances reports and projected cash flow statements.
• Calculate actual and accrued interest.
• Calculate and reevaluate foreign currency exchanges.

Period-End & Audit Support

• Process month-end closing activities.
• Handle taxation and related issues.
• Interact with internal and external auditors and participate in period end audits.
• Provide documents and materials to auditors as required.

General

• Perform other duties and tasks as assigned by the direct supervisor.

Qualifications & Experience

• Bachelor's degree in Finance, Accounting, or any related field.
• Preferred: 2 years of relevant experience.