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Dubai, UAE
Posted 2025/01/10 11:09:40
Expires 2025-03-11
Ref: JB1100012157
New
Job Description
- To lead and coordinate the activities of the financial validations with emphasis on providing error free
- validation process with a target to follow the guidelines from Finance/VAT Team in line with the standards & regulations to achieve department targets and bank strategy.
Key Responsibilities:
- To review and provide regular reports and market feedback to the management in order to facilitate decision making to improve the quality, performance and competitiveness of the bank’s products and services.
- Generate consolidated reports for active contracts and share it with the internal stakeholders in monthly basis, and resolve failures once received from GBO/IT.
- Perform a reconciliation between the Master Files and the successful payment reports (daily SFTP file), and then any mismatch to be handled accordingly.
- Perform reconciliation/validation for the monthly commission/clawback reports received from providers, and manage the collection process through the following steps and in coordination with:
- GBO for financial entries
- Finance/VAT for VAT invoicing
- Provider for sending VAT able invoices and collection with follow ups within specified TAT.
- To ensure that requested cases of new business, amendments and surrender get processed from service providers.
- To facilitate team operations by discussions through the sharing of information and knowledge, identification of teamwork issues, development of problem‐solving recommendations, and recommendations of standardizing team operations.
- Continually assess the effectiveness of the team in order to improve the quality of service.
- Manage and develop the team and individual staff to ensure required levels of competence, productivity and staff motivation.
- To identify and suggest areas which can lead to reduction in claw back.
- Identify practices that are and are not working and make recommendations to line manager.
- To motivate, develop, coach, train, and formally appraise employees to set performance standards, recognize achievement and deal with performance issues.
- All the above accountabilities include but not limited to any additional/new tasks or responsibilities assigned by the line Manager.
Competencies/Skills
- Minimum Bachelor’s degree.
- Minimum 4-6 years in customer service, with minimum 2 years of team management, banking experience is essential.
Job Details
Job Location
Dubai, UAE
Job Role
Banking
Employment Status
Full time
Employment Type
FTE
Preferred Candidate
Years of Experience
Min: 4 Max: 6
Residence Location
United Arab Emirates