Job Description

The Role

Purpose:

To manage the organization's cash and liquidity position, ensuring optimal utilization of funds, accuracy of bank reconciliations, and compliance with treasury policies. To ensure accurate and efficient management of the company's cash flow and financial transactions by maintaining precise records, processing payments in line with approved forecasts, and supporting overall financial administration. The Treasury Accountant plays a key role in executing daily cash management, maintaining robust internal controls, forecasting short-term liquidity, and supporting strategic financial decision-making to enhance the company's financial stability and performance.

Duties:

Maintain accurate and up-to-date records of all cash transactions. Monitor daily cash balances and reconcile discrepancies promptly. Ensure payments are made in accordance with approved Cashflow forecast Monitor and manage daily cash positions across all bank accounts. Load payments accurately and efficiently into the system. Verify payment information and ensure compliance with company policies. Address any discrepancies or issues related to payments promptly Ensure compliance with payment cut-offs and treasury SLAs. Manage short-term deposits, interest accounts, and bank charges optimization. Prepare and update 13-week rolling cashflow forecasts. Analyse variances vs actual and report trends to management. Support budget and forecast cycles with treasury insights. Review and approve daily bank reconciliations. Resolve reconciling items timeously. Maintain bank signatory mandates and support audit confirmations. Maintain and enforce treasury policies and internal controls. Ensure compliance with FICA, Companies Act, and internal audit requirements. Support internal and external audit processes. Assist with various financial administration tasks as required. Provide support in preparing financial reports and documents. Collaborate with other team members to ensure smooth financial operations. Manage forex payments, ensure correct FX rates and documentation. Reconcile intercompany cash movements and ensure appropriate settlements. Maintain treasury-related GL accounts. Collaborate with IT and finance teams to enhance automation in bank reconciliations and cashflow tracking. Maintain organized and detailed records of all cash transactions. Generate reports and summaries as needed for management review. Ensure compliance with internal controls and audit requirements. Communicate effectively with internal departments regarding cash-related matters. Respond promptly to inquiries and requests for information. Collaborate with colleagues to resolve any issues or concerns.

Skills and Experience

Minimum Requirements:

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Matric (Grade 12) National Diploma or bachelor's degree in accounting / finance. CIMA or SAIPA articles (advantageous). Proficiency in MS Office (particularly Excel). Experience using accounting or financial management software. Proven track record of accuracy in handling financial transactions and maintaining reconciliations. Minimum of 2 years' experience in financial administration, payment processing, and cash book functions

Required Knowledge:

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Sound understanding of cash management processes and financial controls. Exposure to multi-bank environments, foreign currency transactions, and intercompany cash management. Knowledge of payment processing procedures and reconciliation principles. Familiarity with financial reporting and audit compliance requirements. Understanding of company financial policies and cash flow management

Required

Skills:

Strong numerical and analytical skills with exceptional attention to detail. Proficient data entry and record-keeping capabilities. Time management and organizational skills to handle multiple priorities effectively. Communication skills (both verbal and written) for liaising with internal stakeholders. Proficiency in Excel (e.g., reconciliations, data analysis, and reporting).

Other

Required Competencies:

Accuracy and attention to detail - ensuring all financial transactions are recorded correctly. Integrity and trustworthiness - handling confidential financial information responsibly. Analytical orientation - interpreting data and translating it into meaningful insights. Accountability - taking ownership of tasks and meeting deadlines. Risk awareness - identifying and mitigating potential financial risks. Collaboration and teamwork - working effectively within a finance team. Adaptability - responding positively to changes in processes or priorities. Continuous Improvement Mindset: Proactively enhances processes and automation. Risk Awareness: Identifies and mitigates liquidity, FX, and operational risks.


Job Reference: RTT73909