Bank Control Services Specialist (Remote)

Job description / Role

ABOUT THE COMPANY

AZADEA Group is a premier lifestyle retail company that owns and operates more than 40 leading international franchise concepts in fashion and accessories, food and beverage, home furnishings, sporting goods, multimedia and beauty and cosmetics across the Middle East and Africa spread across 13 countries overseeing more than 700 stores.

JOB PURPOSE

The Bank Control Services Specialist at Azadea’s Business Services is responsible for delivering comprehensive professional accounting services and overseeing the activities of the bank control unit. He/she ensures the provision of an effective and efficient end-to-end service to the group.

RESPONSIBILITIES
– Manage cash and bank accounts, ensuring there are sufficient funds to cover financial obligations. Validate, sign, and release payments to suppliers in a timely manner. Reconcile cash, bank, and loans ledgers, accurately record bank charges in the appropriate ledger account, and properly maintains letters of guarantee (LGs), letters of credit (LCs), and standby letters of credit (SBLCs).
– Enforce compliance with Key Performance Indicators (KPIs) to ensure the availability and accuracy of information.
– Collaborate closely with both internal and external auditors during financial and operational audits, ensuring the consistent provision of accurate and timely information at all times.
– Generate reports based on statistical and functional metrics related to spending volume, covenant ratios, financial obligations, and cash position, including charges. Follow specified schedules to ensure the timely availability of all necessary information for review.
– Ensure adherence to cut-off dates, closes general ledger accounts, and adjust in accordance with the established period-end calendar. Reconcile cash/bank accounts and ensure the timely and accurate release of payments to vendors. Ensure proper treatment of VAT/Withholding tax according to country regulations. Continuously update the accounting manual to keep the team informed of any changes in regulations, VAT/Withholding tax, and accounting classifications for expenses.
– Validate, review, and ensure the accuracy of financial data related to banks, loans, charges, FOREX, etc. by identifying, investigating, and rectifying routine errors and anomalies in input data.
– Deliver and maintain a high level of customer service, aiming to satisfy internal customers by meeting all internal Service Level Agreements (SLAs) and promptly following up on requests in a timely manner.

LANGUAGE & TECHNICAL SKILLS

Language Skills
– Fluency in English.
– Fluency in French is a plus.

Technical Skills
– Proficiency in MS Office.

EDUCATION
– Bachelor’s degree in Accounting, or Finance, or a related field.
– Master’s degree is a plus.

EXPERIENCE
– Two to four years of experience is a similar role.

BEHAVIORAL COMPETENCIES

Financial Acumen
– Interprets and applies key financial indicators to make better business decisions. For example, gathers the financial data and metrics essential for the role; interprets quantitative and financial data accurately; seeks guidance, as appropriate.

Customer Focus
– Builds strong customer relationships and delivers customer-centric solutions. For example, probes deeply into customer needs to identify less obvious interests or expectations. Consistently goes above and beyond to understand customer requirements and surpass their expectations.

Ensures Accountability
– Holds self and others accountable to meet commitments. For example, accepts responsibility for own work, both successes and failures. Handles fair share and does not make excuses for problems. Usually meets commitments to others.

Collaborates
– Builds partnerships and works collaboratively with others to meet shared objectives. For example, readily involves others to accomplish goals; stays in touch and shares information; discourages “us versus them” thinking; shows appreciation for others’ ideas and input.

Being Resilient
– Rebounds from setbacks and adversity when facing difficult situations. For example, skillfully handles disruptions, obstacles, and emotional or stressful situations and nevertheless makes steady progress; seeks insight into the situation, reduces tensions, and finds optimal solutions. Swiftly recovers from significant setbacks.

Azadea Group is an Equal Employment Employer – All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, or any other characteristic protected by relevant local laws.

About the Company

Azadea Group is a premier fashion and lifestyle retail company that owns and operates more than 50 leading international franchise concepts across the Middle East, North Africa, Asia and Europe. Since its inception in 1978, the Group has grown a substantial chain of stores representing leading international brand names in fashion and accessories, food and beverage, home furnishing, sporting goods and multimedia.With over 11,000 employees, the company boasts a solid infrastructure overseeing more than 600 stores spread across 15 countries including Algeria, Bahrain, Cyprus, Egypt, Ghana, Iraq, Jordan, Kazakhstan, Kingdom of Saudi Arabia, Kuwait, Lebanon, Oman, Pakistan, Qatar and United Arab Emirates.