Clerk: Treasury

2 weeks ago


Cape Town, Western Cape, South Africa Ackermans Full time

Job Advert:

We have an exciting opportunity for a Clerk: Treasury to join our team.

This position is based at our Support Centre in Kuilsriver, Cape Town and will be part of a very diverse and vibrant Finance team.


This position will report directly to the Accountant:
Treasury

The Clerk:
Treasury with be responsible to perform daily cash management and treasury functions for all local and foreign entities.

Qualifications:

Essential:

  • Grade 12 (Accountancy and/or Mathematics)

Preferred:

  • Relevant Tertiary Qualification (Certificate/ Diploma/ Degree)

Knowledge, Skills and Experience:

Knowledge required:

  • Strong administration knowledge and ability
  • Working knowledge of the SAP accounting system
  • Knowledge of banking and financial institution processes

Skills required:

  • Computer skills, intermediate to advanced Excel
  • Communication skills (verbal and written)
  • Interpersonal skills
  • Ability to work independently as well as in a team
  • Attention to detail
  • Above average numerical ability
  • Deadline driven
  • Analytical thinking
  • Ability to work under pressure
  • Able to deal with large volumes of work

Experience required:

Essential:

  • 2 3 years' relevant finance administration experience, including strong reconciliation experience

Preferred:

  • Previous experience in working within the fashion retail industry
  • Experience in working on the SAP accounting system

Key Responsibilities:

1. Treasury & Cashflow Management

  • Perform daily cash flow duties in accordance with agreed upon procedures
  • Monthly cash flow to be done for foreign countries
  • Do maintainance on accounts
  • Maintain a full record of all income and payments (Cash flow and Funding)

2. Journals and Bank Summary

  • Record daily bank account movement on bank summaries
  • Monthly bank journals
  • Monthly recon journals
  • Compile weekly bank account summary reporting on main accounts

3.Reconciliations Bank Reconciliation

  • Review of monthly bank reconciliations
  • Query, resolve and journalise reconciling items
  • Matching of correction journals and communication of reconciling items across teams
  • Balancing stores' bank statements to General Ledger for store bank accounts.
  • Query unknown items with the bank Value Added Services
  • Attend to queries on VAS

4. Bulk Sales, Gift cards, Virtual Vouchers, Chargebacks and Cash Back

  • Load requests for gift cards and virtual vouchers when requested by relevant departments.
  • Perform bulk sale bank deposit confirmations for stores.
  • Ensure that bulk sale accounts are kept up to date and queries are resolved timeously.
  • Perform the administration for the banks' card transaction disputes
  • Prepare reconciliations for charge backs bank account(s).
  • Journalise chargeback expense to stores.
  • Obtain & validate relevant supporting information in order to prepare invoice to Absa for fee recovery

5. Stock repatriation and Management fees

  • Contacting the bank for rates
  • Capturing of journals

6. Administration

  • Downloading of online electronic bank statements for all bank accounts
  • Filing of financial information and documentation in line with statutory and legal requirements.


Online banking administration
  • Liasing with store and internal and extrernal stakeholders
  • Adoc duties

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