Job Description

Position Description:

Senior Treasury Accountant - Fixed Term Contract

Job Profile xe2x80x93 KPA level

Purpose of the job

Reporting to the Treasurer, this role is responsible for the execution of various cash, disbursement, and cash accounting activities within the Treasury functional area.

The role is primarily focused on performing and processing the FX requests, the intercompany loans and deposits, managing and reporting on the cash positions and providing the cash forecasts for TFG.

This role will also support and deliver various accounting and treasury activities for the Treasury team within the compliance framework which includes statutory, regulatory, internal control and risk mitigation requirements and guidelines for TFG.

Job Requirements

Skills and attributes

• Good knowledge of finance and finance processes.
• Good understanding of liquidity and financial risk management
• Corporate finance skill and understanding
• Ability to work under pressure
• Analytical thinking
• Agility
• Problem solving abilities
• Excellent communication skills

Experience

• 3+ years of experience in Treasury

Qualification

• BCom/Hons Degree in Financial Management

Key Performance Areas

Perform and process the FX requests:

• Check daily cash disposition/forecast;
• Analyse, prepare and administer FX request from the business;
• Set order to Group Treasury and execute.

Perform the intercompany loans and deposits

• Check and archive loan/deposit or arrange the hedge account;
• Post the relevant deposit or loan;
• Post interest according to contract;
• Prepare the intercompany loans and deposits for the business;
• Administer the posting of all relevant deposits or loans for TFG;
• Settle accurately and timely both intercompany and external loan payments.

Manage and report cash positions

• Collect information about daily cash position;
• Perform daily analysis and distribution of cash positions;
• Check incoming/outgoing payments with daily forecast;
• Determine if excess balance and either sell or transfer cash positions;
• Perform the reporting of cash positions.

Provide cash forecasts

• Review the data and perform adjustments based on growth expectations;
• Align adjustments with stakeholders and determine adjustments required;
• Identify and settle funding needs;
• Identify forex exposure.

Data and Systems

• Oversee and manage access control to online banking;
• Confirm daily exchange rates to be applied across all systems including driving automation.

Stakeholder Relationships

• Manage relationship with appropriate Business (e.g Finance Business Partners, Infotec) and CoEs stakeholders;
• Manage operational issues and updates with financial institutions.

Preference will be given, but not limited to, candidates from designated groups in terms of the Employment Equity Act.

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