Clerk: Treasury

1 week ago


Cape Town, South Africa Ackermans Full time

**Job Advert**:
We have an exciting opportunity for a Clerk: Treasury to join our Finance 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. This role will be responsible to perform daily cash management and treasury functions for all local and foreign entities.

Join our team if you're looking for an amazing company culture, end-to-end benefits for you and your family and a hybrid working environment

**Qualifications**:
**Essential**:

- National Diploma in Finance / Accounting

**Preferred**:

- Bachelors Degree in Finance / Accounting

**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 on-line 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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