Job Description

Job Overview

The department is the custodian of the group's financial assets, cash flow management, exchange rate management, investment management, payments processing and ensuring compliance with bank and central bank requirements for the territories in which the group operates in.

Responsibilities and Duties

Maximising returns on cash reserves through timeous Investments, daily movement of excess funds on interest earning call accounts and ability to negotiate favourable interest rates on investments Recommending for the purchase of foreign currency, negotiate favourable exchange rates and manage exchange transactions Preparation of daily bank reconciliations (printed for review mid-month and month end) and resolve reconciling item queries Compilation of the monthly cash flow forecast and ensuring that countries are always liquid to meet day to day obligations Preparation of the petty cash reimbursement and reimbursing at least once a month to ensure sufficient funding for operations Loading payments correctly and prioritising urgent payments Sending proof of payments immediately after payments are released Assisting accounts receivables to identify unknown deposits by enquiring with the banks Processing payments correctly in X3 (ensuring capturing is done as soon as payment is loaded and matching to the PO or invoice) Attending to all urgent queries immediately and all others within 24 hours and ensure issues are closed Ensuring that the Group's companies are compliant with all laws and regulations of the Reserve Bank in relation to foreign payments Showcasing planning, strategy, implementation and persistence - to make informed decisions Ensuring that effective communication is maintained with all members of the team - provides regular updates on status, challenges and solutions Implementing the company's financial management mechanisms and internal controls that minimize financial risk Ensuring that the treasury controls are applied consistently to safeguard the company for cyber-attacks and fraudulent payments Communicating with stakeholders on areas of improvement to make the treasury process more efficient - system and process improvement Development of new techniques and processes to improve routine tasks Identifying and recommending new banking techniques and systems Exhibiting knowledge on market trends and forces affecting treasury Developing working relationships within the department and maintain appropriate open communications with peers ensuring collaboration within the accounting department
Qualifications

B Comm Accounting / Finance degree 3 years Experience Treasury related roles in a multinational environment (preferable) Sage X3 (or similar) and online banking Skills & Competencies Team player Ability to show initiative and follow procedures and develop on them Fast learner, ability to work with some degree of independence / minimum supervision Enquiring and curious
Job Type: Temp to perm

Pay: R20000,00 - R25000,00 per month

Work Location: In person