• Monitor the bank cash balances, to keep relevant balances in accordance with outgoing payments with each bank, ensure optimum amount & minimizing idle trapped cash
• Prepare Forex Exposure Report on monthly basis or as needed in order
to monitor FX liability
• Ensure having a data base report for the banks dealing with the company with all relevant cost elements & updated whenever a change is triggered.
• Ensure accurate processing of payments on due time
• Preparing a list of authorized signatures for the company.
• Review the interest calculation & bank charges to ensure accuracy &
• highlighting discrepancies to relevant parties.
• Ensure receiving the bank statement for all the banks daily
• Follow- up on overdues (payables & receivables) with all relevant
stakeholders to avoid any extra cost for the company.
• Prepare actual Cash Flow on weekly basis, monitor vs forecast.
• Ensure compliance with Company standards, manage audit & ensure
covering all audit points.
• Prepare and update IDC tracking file per bank and shipments for the current year per bank .
• Prepare any other report as requested by management.