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Job Description
Role Purpose:
To assist the bank operation team in managing the bank accounts including but not limited to the cash management tasks, reconciliation process, updating the bank records and assist the business by dealing with all queries relating to the bank accounts.
Accountabilities:
Cash Management and Reporting
- Responsible for updating, reviewing and reconciling multiple bank balances (including but not limited to: Accounts Receivables, Accounts Payables and other Operational Accounts) with amounts recorded in the General Ledger, on daily basis.
- Responsible for preparing and updating the daily cash management activities
- Prepare daily cash position
- Prepare the bank operation accounting entries
- Provide assistance to the bank operation manager in meeting all internal and external Audit requirements related to cash management.
- Produce and adhere to process manuals and procedures related to Cash Management
- Produce, maintain and communicate up-to-date reports to the finance team and other departments.
- Provide support to other business functions in dealing with queries raised by customers related to premium collection and claims payment.
- Ensure all outstanding reconciling items and variances are resolved within established timeframes
Bank Relation
- Provide assistance to the bank operation manager in handling banking process and controls and to resolve operating issues related to banking operations
- Support the bank operation manager in validating and executing daily banking transactions.
- Maintain documentation and administration of online banking facilities.
- Coordinate and contact the banks on all operational requirements
Skills
- Experience in Finance environment
- Excellent communication (written & verbal)
- Excellent numerical and analytical skills
- Bilingual speaker (Arabic & English)
- Has a relevant experience
Education
Accounting / Finance
Job Details
Preferred Candidate
About This Company
Bupa Arabia
Bupa Arabia is a healthcare insurance company based in the Kingdom of Saudi Arabia. We are an associate business of Bupa Group, which is a global healthcare company with an international reach that extends across multiple business operations, practices, and resources.
Founded in October 1997, Bupa Arabia was initially established through a partnership between Bupa Global International and Nazer Group, with the key focus to provide health insurance services with high quality and competitive prices, while ensuring a distinctive experience for customers. Bupa Arabia has since evolved into a fully Saudi-owned and operated company. Our transformation from a joint venture into a publicly traded company on the Saudi Stock Exchange occurred in 2008, as we made 40% of our shares available to the public during our Initial Public Offering (IPO).
As a subsidiary of the global Bupa Group, we draw upon international expertise while maintaining a profound understanding of local healthcare requirements and regulations. This allows us to offer comprehensive healthcare insurance solutions tailored to the unique needs of the Saudi Arabian market.
Bupa Arabia prides itself on its commitment to the wellbeing and development of its employees, providing them with the same standard of care, support, and professionalism that it expects to be delivered to its customers.
Our core values shape every aspect of our work and culture:
Commit – Own it with accountability and urgency.
Collaborate – Win together through cross-functional synergy.
Care – Put people first, both employees and customers.
