Manager – Banking Operations

Role Purpose:

To control Bupa Arabia banks accounts to ensure smooth operations by managing the cash flow, maintaining bank accounts, and building a healthy relation with all banks.

Cash Management and Reporting

• Oversee daily cash management activities
• Monitoring the execution of funding and payments on a daily basis
• Prepare daily cash position
• Coordinate with investment team in the required cash flow
• Prepare monthly, quarterly and yearly cash flow forecast
• Analyze the monthly cash flow and understand the main contributor of Cash in/out
• Responsible for reviewing the bank reconciliation
• Managing bank operation accounting entries

Bank Relations

• Manage bank relations to establish strong network and to ensure smooth operation
• Review banks agreements and arrangement and provide proper recommendation to the management
• Review agreement and facility terms and conditions
• Actively participate in negotiation with different banks on any provided services

 Policy, Procedure and Authority Matrix

• Review and improve the current process and procedure
• Prepare the policy for the treasury function
• Understand and manage appropriate accounting procedures and processes
• Manage the DOA (Board resolution/Bank Mandate) and ensuring authority is reflected properly in all bank accounts
• Review the Authority Matrix and Bank Mandate on an on-going basis and propose any required enhancement 

Transformation

• Review, implement and monitor the electronic banking offered by different banks from time to time.
• Review, recommend and implement process improvement in treasury function
• Lead the digital transformation of the treasury function to the new system

Team Management

• Manage and monitor the bank operation team outcomes
• Ensure proper coaching and development of the team members

·          Experience in Finance environment

·          Excellent communication (written & verbal)

·          Excellent numerical and analytical skills

Finance / Accounting