Process Specialist, Cash Management

3 months ago


Kempton Park, South Africa DSV Full time

**DSV - Global transport and logistics**

Location: Kempton Park
Job Posting Title: Process Specialist, Cash Management
Time Type: Full Time

**Main purpose of the Role**

The main purpose of the role is to ensure accurate cash forecasting takes place and that all payments are processed as per DSV policies and processes

**Duties and Responsibilities**
- Loading, posting and matching of all Treasury and Bank Payments including AR Refunds. (Intercompany and Third-Party Payments) on the banking portal and financial system
- Complete daily and weekly cash flow forecasting - raising red flags when necessary
- Completing petty cash reconciliations over month end, reimbursing petty cash as per approved float
- Monthly bank reconciliations
- Complete funding within accounts (Inter-Transfers)
- Investigate failed or returned payment by bank as well as unknown receipts that cannot be allocated on the system
- Ensure RSSC and all business units/countries are compliant with all local and global policies
- Accurate and on time month end reporting
- Ensure all online banking and cheque payments are captured in financial system (where RSSC is responsible for this) within 24 hours of making payment
- Ensure all treasury payments and receipts are captured in financial system (where RSSC is responsible for this) within 48 hours of making payment
- Ensure accurate matching of payment and receipts takes place
- Ensure all DSV Guarantees with banks and other institutions are valid and renewed/cancelled where needed
- Arranging signatures and submitting of Asset Based Finance Agreements as per requirements
- Reviewing of all facilities (overdrafts, guarantees, ABF, loans etc.) to ensure that sufficient limits are available
- Ensure that all manual/urgent payments are done within the agreed timeframes and all payments are compliant with the policy
- Processing of employee expenses, travel advances and credit card reconciliations
- Perform root cause analysis of any errors that occur on problem areas
- Perform and ad-hoc duties as required by immediate supervisor or management
- Exporting bank statements for month end reconciliations
- Communicate with Bank on any Queries, Issues that might arise
- Any other administrative tasks
- Understanding different country requirements and currencies
- Support all other Process Specialists in AP and IC department
- Provide supporting documents and other for audit purposes.

**Job-related Minimum Requirements**
- Minimum of 2 years' experience in Cash Management/Treasury OR
- Minimum of 2 years' experience in creditors or in an operational finance role

**Added Advantages**
- Excellent communication skills
- Ability to work under pressure
- Highly organized and good time management skills
- High level of problem-solving skills - analytical ability
- Attention to detail
- Ability to work in a diverse team as well as be self-driven
- The ability to explain transactions using T-Accounts
- Basic understanding of Exchange control regulations in South Africa and Sub-Saharan Countries

**Tertiary Qualification(s)**
- Financial related qualification - advantageous

**Computer Literacy - Advance**
- MS Word, Excel, Outlook

**Additional Computer Skills**
- SAP ERP
- CargoWise1



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