Specialized Clerk- Ftc

**Responsibilities**:
**Key responsibilities for the role include**:
Local Currency EFT payments
- Compile and load daily payments for SSS on to SAP eft system.
- Compare daily remittance to payment proposal to ensure all payments were effected correctly.
- Collate daily cashflow requirements for SSS payments and send to Pioneer Corporate Treasury office.
- Collate invoices and approvals for payments over R60m to be sent to local corporate Treasury office to affect payments on our behalf.

Foreign currency & Derivative payments
- Ensure that local banks (HSBC, Absa and Standard Bank) are compensated for all Maturing FEC’s/Deals
- Upload foreign payment requests onto HSBC banking platform.
- Ensure all required documents are submitted and all FEC payment requests are executed
- Coordinate with various business units to ensure correct documentation is presented for foreign payments.
- Ensure sufficient currency available for upcoming payments. Prepare requests for additional currency requests from Pepsi Corporate Treasury
- Compile weekly Safex Futures trades and send to Pepsi Corporate Treasury to upload on Chatham System

Hedge accounting:

- Update key Hedge accounting spreadsheets to assist the Control Manager with the Month end close.
- Prepare summary of movements in Foreign currency bank account for posting on SAP.
- Ensure all foreign currency transactions are translated at the correct rate on SAP.
- Park journal entries related to daily safex futures mtm movement.
- Ensure M2M movements are accounted for correctly and balances corresponds to the safex bank statement.

Rice & Wheat Costings.
- Verify the accuracy of the raw material inventory costings by ensuring the correct foreign exchange translation rate is used.
- Ensure Rand per ton of rice and wheat is correctly loaded on SAP.

**Other duties include**:
EF Procurement pack
- Compile monthly income and Pool Statement figures.
- Update Safex interest and fees notes as contained in the procurement pack.
- Verify Rice raw material costing. Ensure correct translation rate is used and that r/ton ic correctly loaded on SAP.
- Calculate Wheat raw material costing, once approved, check r/ton is correctly uploaded on SAP.

Qualifications:
**Qualifications & knowledge**
- Excellent communication and presentation skills that enable a smooth execution of all related processes.
- Computer literate ( Advanced Excel, and Word)
- Diploma (complete or partially complete). - or equivalent, advantageous
- Online Banking-advantageous
- Understanding of derivatives and SARB regulations
- Adaptable to multi-cultural and multi-national Environment

**Experience required**
- **Minimum of 5 years** accounting/finance experience.
- Forex & Derivatives experience crucial.
- SAP/BI experience advantageous.

**“PepsiCo is an Equal Opportunity Employer in line with the Employment Equity Act"