Officer - Cash Management Unit

Tawteen

Main Tasks & Accountabilities

• Joint Custodian of the Main Cash Vault.
• Handling cash deposits and withdrawals from / To the Central Bank of Oman & Offsite ATMs.
• Coordinate and coloration with branches for the cash requirements, provide branches with cash requirements throw live in Manage Engine either deposits/withdrawals.
• Accountable sorting and accounting all physical cash in Vault adhering with Central Bank Cash Management requirement.
• Supply local cash and maintain under the agreed SAL and TAT s monitoring throw live in Manage Engine
• Works with Branches to accurately forecast timing and amount of future cash flows.
• Accountable and responsible for cash shortage in vault.
• Responsible for counting and sorting cash in vault as per process.
• Responsible to update daily cash monitoring and inform line manager with branches exceeding daily approved cash insurance limit.
• Update cash movement with all cash IN/TO vault during a day.
• Provide Payment order and Demand Draft throw live in Manage Engine and update the MIS.
• CCDM balancing for TAT posting and cheque reconciliation.
• In charge of managing the cheque return procedure.
• Responsibilities include attending the ATM and CCDM when it is reported that they are not operating and failing to resolve the issue, contacting the IT department or concern unit for assistance.
• Retain cards, gather ATM-captured cards, record them, and then deliver them to the concern unit.
• Ensure that the cash and stationery are replenished at the proper time.
• Following the guidance provided by the bank for handling and reporting cash shortages and excesses.
• Check that the security system at all times and places is activated.
• Deliver video record and ATM, CCDM, and EJ copies within TAT.
• Customer inquiries; offering excellent customer service by operating the terminals continuously.
• Transporting the case to and from the ATM while monitoring cash security procedures
• Reporting the Offsite ATM & CCDM update performance to management.
• Ensure checking all the daily transactions posted by end of the day.
• Ensure that all the remittances instructions received are fine to be processed with error free.
• Check the instructions and verify the document.
• Report any discrepancies to the branch or department.
• Follow up with the concern branch or department.
• Process the instructions complying the SLA and TAT agreed.
• Ensure that all the instructions received from branches are processed.
• Ensure that all the inward & outward cheques are cleared and responded on the same day.
• Ensure that all PDC sets are scanned into the system.
• Ensure checking all the daily transactions posted by end of the day.
• Preparing cash vouchers and dual passing for cash order transaction.
• Accountable for daily accounting balance.
• Responsible to timely log cash financial entries in core/CBO system.
• Responsible for archiving daily vouchers.
• Assist the Line Manger/ unit head of Cash Management Unit to perform any other duties as may be assigned by the manager related or unrelated to the unit.