Processing payments to all International suppliers (FX). Matching purchase orders to invoices & posting of foreign invoices using ERP. Posting of shipping agents invoices. Creation of foreign suppliers' accounts. Ensuring prompt processing of all invoices. Verifying invoices for approval. Monitoring of foreign creditors' accounts. Reconciliation of suppliers accounts. Updating & monitoring of exchange rates to avoid exchange rate differences. Processing of sales expenses retirements on monthly basis.
Conduct pre-payments & post-payment audit. Conduct regular cash counts, stock takings and special investigations. Review of payrolls, students and suppliers' balances and bank transactions. Conduct regular assets verification and review of University's assets register. Ensuring strict compliance with the University policies, rules & regulations.
Analysis of Miscellaneous from source documents. Preparation of Bank reconciliation using excel Posting IOU. Preparation of cashflow statement.