Job Description

Job Title
Financial Analyst - Treasury and General Ledger
Location
Selby - Johannesburg, GP 2001 ZA (Primary)

Occupational Level
Skilled
Job Category
Finance
Job Type
Fixed Period
Description
PURPOSE


As a Financial Analyst: Treasury and General ledger you are required to / responsible for


Supporting the organization's financial operations by assisting in key accounting and treasury activities. This includes supporting general ledger processes, cash management, liquidity tracking, and day-to-day treasury operations. The role is responsible for ensuring that financial transactions are accurately recorded, financial resources are efficiently managed, and compliance with relevant accounting standards and internal controls is maintained.


The ideal candidate will have strong analytical skills, attention to detail, and a solid understanding of accounting and financial principles.


You will engage with the following stakeholders:


External

Suppliers

Financial Institution. (Local and International)

Customers


Internal

Business Unit Managers


Your key responsibilities include:


Cash Management

Assist with executing daily cash management operations, including reconciliations and fund transfers.

Maintain accurate records of all financial transactions and ensure compliance with regulatory requirements.

Importing bank data

Update Cash Flow Dashboard

Update the Cash Report Dashboard daily

Assist with bank Account maintenance.

Establish connectivity of new accounts

Admin queries - provide support requested for transactions/bank statements


Investments

Assist to re-allocated excess funds from current to call accounts on a regular basis.

Ensure funds are available in current accounts when payments are made.

Assist to maintain investments as per investment policy.

Assist to compile cash forecasts to assist with investment decisions.


Bank Administration

Assist in opening and closing off bank accounts.

Updating of signature on bank profiles

Assist with uploading banking details on the banking platform

Loading Banking details on the banking platform


Banking Relationships

Developing and maintaining relationships with banks and financial institutions

Assist with managing any communication with the banks.


Forex management

Update the foreign exchange rates daily on the ERP.

Review travel motivation and compile Forex order.

Maintaining the forex exchange analysis report

Explore ways to manage forex

Identify risks from currency fluctuations that could impact the BankservAfrica

Prepare reports on forex positions and risk exposures.





General Ledger

Processing monthly journals

Revaluations for Forex

Advance and Prepayment Journals

Closing Journals (AP/AR clearing and VAT clearing)

Assist with finance Income Analysis

Assist with updating balance sheet reconciliations

Assist with compilation of Asset register reconciliation.

Assist with compilation of Fixed and Intangible Asset reconciliation

Review bank charges monthly for reasonability and investigate variances and possible savings

Assist in ensuring accuracy and integrity of financial records





Credit card management

Review of credit card listing to ensure that credit cards listing is complete and accurate

Credit card applications

Increase/Decrease of limits

Cancellation of credit cards


Audit Interim and Year End

Working with the external/internal auditors

Schedules and Reports and Analysis

Submitting of all approved bank recons

Assist with the audit requests.

Assist with proving all required documents for Audit


Compliance and Risk

Assist in the development and implementation of treasury policies and procedures.

Collaborate with internal teams to optimize liquidity and mitigate financial risks.

Policies and procedures: Provide input into relevant policies and procedures.

Compliance: Comply with relevant policies & procedures, regulation, and legislation

Risk: Identify and escalate risks appropriately

KYC done on a yearly basis.

Ensuring that the internal control environment for Cash management is sound.

Making improvements to processes.


Perform any ad-hoc duties as required by immediate supervisor or management.


QUALIFICATIONS / KNOWLEDGE


Bcom degree in, Finance, or a related field

Required computer literacy levels.

Microsoft Suite

Accpac an advantage


EXPERIENCE


3 to 5 years in Finance environment


At BankservAfrica we don't see diversity as a problem to solve but rather as an asset that we can leverage to build a robust diverse community. We are deliberate about our approach and have an employment equity plan which we adhere to, we consider differently abled people as part of our diverse community and welcome their applications. Post the COVID 19 pandemic we offer flexible working arrangements for certain of our positions and encourage you to look at our comprehensive flexible working policy.