Transguard Workforce Solutions is the UAEs leading provider of unique and innovative HR solutions. With a decade of experience in the region and a team that possesses extensive knowledge of the market, we provide a fully integrated HR solution.We are currently recruiting for an Team Leader Credit Control - Broker Relations for our client who is a leading insurance company of UAE for their office based in Abu Dhabi office.Job Purpose:The job holder is responsible for supporting the Credit Control & Payables Management in ensuring that Cash Controls for Credit Control systems and controls for Balancing of Daily Cash Posting to the general (GL) are consistently applied. Manage the day-to-day credit control activities of the company by scheduling jobs and delegating duties to assistants, logging collections, maintaining financial records. Effectively communicate with internal and external counterparts and maintain a positive working relationship. Review accounting functions; administer compliance, accounting documents and ledgers. Strictly follow Companys credit policy and fully complied with guidelines.Responsibilities:xe2x96xaa Supervise, train and develop associates to ensure they are fully aligned with all internal protocols.xe2x96xaa Manage Reconciliation team on a daily basis and assist them on recon, collection, RI settlements.xe2x96xaa Monitoring Insurance and reinsurance account details for non-payments, delayed payments and other irregularitiesxe2x96xaa Review recons each month/Qtrly and explain plan of action for resolving all variances.xe2x96xaa Review monthly reconciliation for specific balance sheet accounts. Accounts to be reconciled include Accounts Receivable, Inter-company Finance Charges and Customer Refundxe2x96xaa Ensure timely RI settlement when a premium under a RI driven policy is partially &/or fully collected.xe2x96xaa Ensure that entries relating to inter-company cash transfers are posted properly.xe2x96xaa Supervise credit control processes and procedures to ensure quality and efficiency.xe2x96xaa Ensure that daily transaction information balances with AR upload information and GL postings.xe2x96xaa Assist with preparation of information/data for external auditors in the annual audit of the financial records, as neededxe2x96xaa Review journal entries, preparation and review of Balance sheet and Bank reconciliations.xe2x96xaa Support in preparation and reporting of Management Reports.xe2x96xaa Supports in monthly accounting close cycle.xe2x96xaa Supervises all month-end and year-end accounting procedures including preparation and entry of journal entries for Credit Control systems.xe2x96xaa Maintains regular contact with other departments / external clients to obtain and convey information and/or to correct transactions.xe2x96xaa Keeps management informed of area activities and of any significant problems.xe2x96xaa Attends and participates in meetings as required.xe2x96xaa special projects and miscellaneous assignments as requiredxe2x96xaa Other duties as assigned.xe2x96xaa Regular visit to insurance companies and brokers to monitor progress on recons.xe2x96xaa Monthly reconciliation and settlement of broker commission.xe2x96xaa Assist CCM for monthly closing activities.xe2x96xaa Any adhoc tasks that the CCM assigns time to time.Audit: Coordinate with external Auditors and provide required documents for timely completion of audit.SkillsQUALIFICATIONS - Bachelors DegreeRELEVANT CERTIFICATIONS(either required or preferred) NAYEARS & NATURE OF EXPERIENCE 4 to 6 years of experienceLANGUAGE REQUIREMENTS Full professional proficiency in English Language