Financial Officer (Bank Account Management) in Dubai

Accel HR is Hiring: Financial Officer (Bank Account Management)

Location: Dubai, UAE
Industry: Trading
Experience: 3 to 7 years

Accel HR is seeking a Financial Officer specializing in bank account management for one of their clients in the trading industry. The ideal candidate will manage the company's global bank accounts and ensure smooth banking operations across different countries.

Key Responsibilities

• Manage global bank accounts, including account setup, maintenance, and optimization of banking services.
• Coordinate with banks and financial institutions worldwide to establish and maintain effective banking relationships.
• Oversee cash management activities, including forecasting, liquidity management, and optimizing cash balances.
• Initiate and oversee international fund transfers (wire transfers, EFTs, and other payment mechanisms).
• Monitor and reconcile bank transactions to ensure accuracy and compliance with internal policies and regulations.
• Develop and implement robust internal controls to mitigate risks and ensure compliance with regulatory requirements.
• Stay updated on banking regulations and compliance requirements related to cross-border fund transfers, including OFAC sanctions, AML regulations, and FATCA reporting.