Maryam Alblooshi

Funding:

• Developed and implemented funding strategies to optimize liquidity and meet organizational financial goals.
• Monitored funding requirements and ensured timely availability of funds for operational and strategic needs.
• Managed relationships with Accounts Payable section to negotiate favorable terms for funding arrangements.
• Assessed cash flow forecasts to align funding activities with business objectives.
• Evaluated and recommended best funding options to reduce financial risk and enhance profitability.
• Ensured compliance with regulatory and internal policies during funding operations.

Banks:

• Develop and manage relationships with banks to optimize long and short term investment opportunities and financial services.
• Negotiate favorable terms for investment products such as term deposits, bonds, and savings accounts offered by banks.
• Facilitate the opening of and closing of the accounts.
• Prepare and present investment reports to senior management, incorporating insights and data provided by banking partners.
• Establish and maintain bank guarantees to secure business transactions, ensure contractual obligations, and minimize risk.
• Work with banks to facilitate the installation, upgrade, and maintenance of ATMs, ensuring optimal functionality and customer access.
• Collaborate with banks to optimize cash management solutions, including cash deposits, withdrawals, and reconciliation for ATMs and business operations.
• Coordinated with the bank to set up signature authorizations, ensuring the proper documentation and approval process for signatories on company accounts, facilitating secure and authorized financial transaction.
• Coordinated with the bank to update the Know Your Customer (KYC) information, ensuring that all necessary documentation and regulatory requirements were met to maintain compliance and facilitate smooth banking operations.

Reconciliation:

• Collaborated with bank representatives to integrate bank feeds into the company’s accounting system, led the implementation of automated reconciliation tools to improve accuracy and reduce manual effort, and monitored the process to address discrepancies and ensure seamless integration between bank statements and internal financial records.
• Conducted periodic bank reconciliations to ensure accuracy and alignment between bank statements and internal financial records.
• Automated the bank reconciliation process by integrating software solutions, reducing errors and manual workload.
• Investigated and resolved discrepancies between bank statements and company records to maintain accurate financial reporting.
• Coordinated with Internal sections to reconcile outstanding transactions, unprocessed payments, and fees.
• Ensured timely and accurate posting of transactions for both automated and manual reconciliations.
• Collaborated with internal teams to address reconciliation issues and improve processes.
• Prepared and presented detailed reconciliation reports to management for financial reviews.
• Maintained compliance with audit requirements by ensuring proper documentation of reconciliation processes and records.

VAT Section: 19 Months

Fixed Assets: - 10 Months

• Successfully closed all cash counters and transitioned operations to online platforms and external parties, streamlining revenue collection and improving customer convenience.
• Managed the Revenue Assurance section with a focus on collaborating with external stakeholders to ensure accurate revenue reconciliation, resolve disputes, monitor contract compliance, and validate financial data. Streamlined payment follow-ups, prepared performance reports, supported audits, and implemented process improvements to mitigate risks and enhance revenue accuracy and accountability.
• Developed and implemented a fee structure for a newly built in-house system, including features to recover outstanding unpaid fees and enhance revenue assurance.
• Worked closely with various departments to collect outstanding payments from clients, ensuring timely recovery of dues and improving cash flow.
• Successfully managed and organized old returned cheques, developed recovery plans, and coordinated with the legal department to address uncollected items, ensuring compliance and maximizing recoveries.
• Ensured accurate invoicing and seamless integration of external system transactions into Oracle, enhancing financial transparency and operational efficiency.
• Automated the payment process by eliminating manual payment vouchers, reducing errors and streamlining workflows.
• Conducted daily reconciliation across three systems to ensure data accuracy, revenue alignment, and operational integrity.
• Managed monthly financial closings, preparing detailed revenue and performance reports for management.
• Oversaw petty cash and IOU processes, ensuring proper documentation, disbursement, and accountability to support business operations.
• Managed payments to external parties, including service charges, ensuring accuracy, timeliness, and compliance with revenue policies.
• Collaborated with the IT department to resolve issues related to external service providers, ensuring uninterrupted revenue collection and efficient system performance.
• Prepared detailed reports and action plans based on internal, external, and government audit findings, as well as quality auditors to enhance overall governance, quality controls, and regulatory compliance.
• Served as an authorized bank signatory, responsible for reviewing and approving payments within the banking system to ensure accuracy, compliance, and timely processing.
• Developed and implemented comprehensive policies and procedures to optimize operational efficiency and ensure compliance within the revenue management department.
• Collaborated closely with the team to plan, monitor, and achieve key performance indicators (KPIs) for the section, ensuring alignment with organizational goals and consistent performance improvement.

• Successfully transitioned cash counter operations to external parties and online platforms by implementing new systems, streamlining processes, and collaborating with stakeholders, while redefining the cashier’s role to focus on controlling and reconciling collections, enhancing efficiency, and supporting business automation.

• Managed multiple cash counters, overseeing daily operations, ensuring accurate transactions, coordinating staff, performing reconciliations, maintaining smooth customer service, and preparing regular reports while adhering to company policies.

• Managing the cash counter of a service center by handling transactions, maintaining accurate cash records, reconciling daily collections, and ensuring smooth financial operations.

• Coordinating and managing administrative operations, including scheduling, recordkeeping, correspondence, and supporting team efficiency to ensure smooth organizational workflows.
• Successfully established the cashier function from scratch by defining roles, implementing systems, developing processes, training, and ensuring accurate and secure operations.