Coordinator - Cash Management

Transguard Group was established in 2001 and has diversified significantly, we lead in the fields of Cash Services, Security Services, Manpower Services, Facilities Management & Aviation. Transguard Group is the UAE’s most trusted business support and outsourcing provider and has a large, dynamic and culturally diverse workforce with 50,000 employees! We are currently recruiting for a Coordinator - Cash Management for our trusted client in the Aviation industry to be based out of their headquarters in Dubai.

Purpose-

The purpose of this role is to be responsible for carrying out the day - to - day collections activities and receipts applications procedures accurately and on a timely basis.

• Receipt Application / Unapplication (Aero, Non-Aero | BU Al Majlis, Pass Office, AOCC, DWC)
• Receipt Posting (Aero, Non-Aero | BU Al Majlis, Pass Office, AOCC, DWC)
• ICCS Processing & Statement Verification
• Focus Shift End Closing
• Cash Customer Invoice Update
• FFO Handling | Cash, Cheques & Collaterals
• Receipts Supporting Documents (Aero, Non-Aero | BU Al Majlis, Pass Office, AOCC, DWC)
• Petty Cash (I-Expense & Prepayments)
• Financial Collaterals (AP, AR & Commercial)
• E-pay Refunds (Al Majlis, Pass Office)
• Accounts Payable Refunds (Aero, Non-Aero, Al Majlis, Pass Office, AOCC, DWC)
• Daily / Monthly / Quarterly / Annual Reports + Adhoc Reports

Responsibility-

• Perform the daily processing of collections of receipts and payments from all customers (cash, cheques and bank transfers): 
  - Receipt Posting (Aero, Non-Aero | BU Al Majlis, Pass Office, AOCC, DWC)
  - Receipt Application / Unapplication (Aero, Non-Aero | BU Al Majlis, Pass Office, AOCC, DWC)
  - Petty Cash (I-Expense & Prepayments)
  - Financial Collaterals (AP, AR & Commercial)
  - Refunds
• Ensure accuracy of all receipts transactions and coordinate with the relevant business units / customers for any issues or concerns identified with the receipts:
  - 98% Accuracy minimum target in processing receipts on a monthly basis
• Ensure accurate application of the cash / cheques / bank transfer receipts to the relevant customer invoice / account:
  - 98% Accuracy minimum target in payment application on a monthly basis
  - 5% Maximum Allowance for Unapplied Receipts on a monthly basis
• Perform cash reconciliation to ensure accuracy and completeness of transactions. Finalize cash register prior to handing over the cash to the relevant party / collection agency:
  - Daily Reconciliation
  - Bank vs. GRP Recon
  - NI & Amex Reconciliation
• Perform reconciliation of the total receipts and supporting documents as against bank statements of the following day
  - Daily Reconciliation
  - Bank vs. GRP Recon
  - NI & Amex Reconciliation
• Provide timely and accurate information to external and internal auditors and when required
  Daily / Monthly / Quarterly / Annual Reports + Adhoc Reports.

• The job holder will have knowledge of billing and collection, receipt applications, bank account and
  collections reconciliations and monitoring reports.
• The job holder will also have knowledge of IFRS, business process and control, transact with banking partners, and statutory laws and regulations / implications.
• Financial Oracle (equivalent ERP Systems) and use of MS Office, MS teams Packages.
• Developmental training is required in any area for professional development and / or mandatory purposes.