Cash Operations Executive (Remote)

Job description / Role

Job Description

– Conduct regular audits and spot checks on cash operations, focusing on cash counting, vault management, and cash transfers
– Collaborate with cash operations teams to implement process improvements and address recurring issues effectively
– Ensure compliance with all cash-handling processes and procedures
– Monitor daily cash transactions and balances to identify and address discrepancies or variances promptly
– Investigate and resolve issues related to overages, shortages, and misallocations of funds
– Generate reports for management that highlight trends, issues, and areas for improvement in cash-handling processes
– Analyze cash transactions across branches, identifying unsettled amounts and tracking them
– Prepare and follow up on daily reports concerning branch settlement arrears to ensure timely resolution
– Identify and assess potential risks within the cash operations process, including fraud, theft, and operational inefficiencies
– Maintain accuracy and minimize risks in cash operations, which is critical to the overall financial health of the organization

Skills

– Bachelor’s degree in Finance, Business, or related field.
– 0-2 Years of experience in cash operations, banking, or financial services; quality control experience is a plus.
– Ownership
– Functional Skills
– Ideas’ Presentation and Taking Initiative
– Continuous Learning
– Customer Centricity
– Ability to detect even minor discrepancies in cash-handling operations
– Strong ability to investigate and resolve complex issues related to cash variances and risks
– Ability to clearly document findings and communicate recommendations with management and operational staff
– High level of professionalism in dealing with sensitive financial data and processes

About the Company

Raya Holding for Financial Investments, a leading investment conglomerate, established in 1999 in Egypt with a vision to be a market leader and to grow into a solid financial conglomerate with multifaceted operations.

Headquarter located in Cairo, Egypt; Raya Holding is managing a diversified investment portfolio of 13 lines of business in the various industries of e-payment, information technology, contact center, smart buildings, consumer electronics, food and beverage, land transport, PET remanufacturing, automotive, FMCG and home appliances

Raya Holding is listed in the Egyptian Exchange (EGX) since 2005, while the company empowers more than 12,000 proficient employees, accommodating to a wide international customer base from offices based in Egypt, Saudi Arabia, UAE, Qatar, Poland, Nigeria and Tanzania.

Raya’s Lines of Business include; Aman for e-payments, Aman for Financial Services, BariQ, Ostool, Raya Contact Center, Raya Foods, Raya Information Technology, Raya Food Trading, Raya Restaurants, Raya Smart Buildings, Raya Trade, Raya Auto and Haier – Raya Electric.