Accountant - I2P | Finance Shared Service Center | Corporate Services

Overview Of The Role:

• The Petty Cash Accountant I2P is integral to the Group Finance Shared Service Centre (FSSC), providing essential support in the I2P function. This role focuses on verifying and processing petty cash transactions, ensuring compliance with policies and procedures to mitigate risks. Key responsibilities include verifying petty cash documents, processing customer refunds, maintaining master files, and executing payment runs. The role demands attention to detail, process adherence, and effective collaboration with business units to resolve payment queries and exceptions while driving efficiency and improvement initiatives.

What You Will Do:

General

• Verify petty cash according to the Petty Cash policy and ensure all documents have a paid stamp with original bills.
• Ensure all supporting documents are verified and matched with the claims.
• Reject claims exceeding the threshold of AED 5000 per voucher as per policy.
• Highlight vouchers older than one month from the date of transaction to Team Lead.
• Ensure payroll-related reimbursements are not processed through petty cash.
• Review the accuracy of VAT codes.
• Process customer refunds and payments.
• Ensure reimbursement requests come through the standard cash journal functionality.
• Post petty cash expenses for Company 2060 and transfer to respective Company through ICM.
• Execute payment runs and review exceptions for highlighting.
• Create/approve FAB card payments and ZFI_Factl file creation/payment.
• Maintain and update petty cash master file, and apply and close prepaid cards.
• Verify, approve, and process purchase float documents.
• Discuss any changes to SOPs with line manager and update Blueworks accordingly.
• Notify Team Lead of changes in roles and responsibilities promptly.
• Clear GL account 110004 to maintain zero balance.
• Process new petty cash requests through Cash Journal functionality.
• Control passport release for high financial risk role cashiers.
• Handle petty cash queries.
• Authorize ECD control for petty cashiers.
• Create and assign cash journals.
• Match petty cash counts periodically.
• Analyze float to maintain adequate Imprest balance.
• Conduct peer reviews of petty cash payments.
• Perform reliever duties for invoice booking, unblocking, payment reconciliation, EOSBs, and cheque refunds.
• Adhere to SLA and company policy.
• Clear payments from GL 160516 once settled via FAB card.
• Reconciling GL 160516 monthly.
• Serve as backup for team members for payments.