The ledger team manager is responsible for supervising and supporting them.
Managing cash flow by ensuring that funds are available, placed on time, and used as little as possible in OD facilities.
LC establishment, amendment, endorsement, and retirement are all processes related to letters of credit (LCs).
Bank reconciliation statements are evaluated daily.
Managing financial facilities limits like RF, LC, FATR, TERF, and TF and their annual renewal.
Corresponding with banks on different matters, such as FX rates for export receipts, opening and maintaining accounts and fund arrangements.
Reviewing and approving all posting entries, including vendor payments, monthly accruals, payable and sales invoices, LCs, import payments, and export and local receipts.

Assist the Treasury Manager in the preparation of the payment budget plan daily.


Preparation of Monthly Financial Accounts for management decision-making.


Verify & approve all bank and cash payment vouchers in ERP and make sure withholding the tax deduction from the supplier's payment.


Review Bank reconciliation statements daily.


To verify the salaries sheet and payroll entries.


Update the repayment schedules of Leases.


Update the staff loan ledger monthly in Excel.


To ensure the recording of regional offices' expenses in ERP.


Keep a record of payments against invoices and advances received, and reconcile customer and vendor ledgers.


Posting of all financial transactions, such as vendor payments, customer receipts, payable and sales invoices, general ledger entries, and monthly accruals.


Book monthly accruals for salaries, markup, utilities, incentives, etc. for all units in SAP.


Prepare bank position, and cash flow statement monthly and submit them to the CFO. Perform half-yearly and yearly closing with the accounts team.