Financial Treasury and Accounts Specialist

8 months ago

Johannesburg, South Africa South African Bankers Services Company Pty Ltd Full time

**Job Description**:
BankservAfrica form part of the South African National Payments System and are a trusted partner of the financial industry, including banking institutions, and therefore require that employees adhere to unwavering standards of honesty and transparency in performing their duties.

PURPOSE

The purpose of the role is to analyze Treasury activities and determine the financial implications of all transactions by aligning the economic intent with tax considerations, capital requirements and technical accounting requirements.
The role is responsible for facilitating and enhancing the decision-making, transaction execution and monitoring processes of Group Treasury.

You will engage with the following stakeholders:
External
- Suppliers
- Customers
- Banks

Internal
- Executive team
- Business Unit Managers
- Department Managers
- Department Employees

Your key responsibilities include:
Month End and Year end processing and reporting

Financial Management
- Ensure team goals are aligned to BU strategy, documented, clearly understood, and regularly reviewed.
- Identify and scope opportunities for improvement innovation.
- Deploy client or company specific projects in line with company standards and in agreement with line manager.
- Process and post journal entries to ensure all business transactions are recorded.
- Process, manage and reconcile all balance sheet accounts to ensure efficient and accurate information is available for reporting and is in accordance with legal and company accounting guidelines.
- Determine accounting errors or discrepancies and suggest necessary corrective action.
- Approval of accounting transactions and reconciliations
- Balance and agree loan accounts.
- Reconcile VAT to be calculated and submitted on time.
- Balance and agree on loan accounts.
- Prepare monthly cash flow.
- Process month and year-end process, accounts payable/receivable, cash books, general ledger, treasury, revenue and expenditure, and capital assets reconciliation.
- Assist in the preparation of reports.
- Process and post journal entries to ensure all business transactions are recorded
- Process, manage and reconcile all balance sheet accounts to ensure efficient and accurate information is available for reporting and is in accordance with legal and company accounting guidelines.
- Ensure all account reconciliations and supporting sub-ledgers align
- Determine accounting errors or discrepancies and suggest necessary corrective action.
- Review month and year-end process, accounts payable/receivable, cash books, general ledger, treasury, revenue and expenditure, and capital assets reconciliation.
- Month-end closing activities
- Preparation of notes and disclosure of the necessary documentation for internal and external financial audits

Supplier Management
- Monitoring the financial markets and analyzing economic factors to determine how they affect investments and manage risk through hedging when required
- Reviewing financial statements to ensure that they comply with accounting standards
- Identifying potential fraud or malfeasance in financial transactions
- Recommending changes in interest rates based on economic factors such as inflation rates, employment levels, and production
- Reviewing banking regulations to ensure that financial institutions are complying with the law
- Serve as the primary point of contact for all matters related to cash management, investments, and debt financing
- Oversee daily cash operations, including forecasting, wire transfers, ACH payments, and check processing
- Invest idle cash in short-term investment vehicles to maximize returns while minimizing risk
- Monitor compliance with internal policies and procedures, as well as applicable laws and regulations
- Prepare monthly reports detailing cash position, investment activity, and debt service coverage
- Negotiate loan terms with commercial banks and other financial institutions
- Manage relationships with external banking partners, ensuring optimal service levels and pricing
- Coordinate with accounting department to ensure timely and accurate recording of transactions
- Develop forecast treasury needs and demands for the businesses
- Manage financial instruments including but not limited to FEC, Swaps, etc
- IFRS Reporting of financial instruments

Compliance and Risk

Compliance
- Policies and procedures: Develop, amend and implement relevant policies and procedures
- Compliance: Ensure compliance with relevant policies & procedures, regulations and legislation
- Risk: Ensure risks are reported on and mitigated

People Development

People Management
- People Processes: Manage employees through the employee lifecycle including, recruit, manage performance and reward
- People Development: Build a high-performance team through regular individual and team engagement sessions. Identify talent, coach, and develop to ensure talent retention

QUALIFICATIONS / KNOWLEDGE
- Bachelor’s degree in finance, Account

  • Senior Systems Management Specialist: Gauteng Treasury

    1 month ago

    Johannesburg, Gauteng, South Africa Gauteng Treasury Full time

    Job Title : Senior Systems Management SpecialistAre you a skilled systems professional seeking a challenging role in Gauteng, South Africa? We are currently recruiting for a Senior Systems Management Specialist to join our team at Gauteng Treasury.About the RoleThis exciting opportunity involves overseeing and monitoring the management of internal controls...

  • Treasury and Accounting Specialist

    3 weeks ago

    Johannesburg, Gauteng, South Africa Isilumko Staffing (JHB) Full time

    Job Description: Treasury and Accounting SpecialistWe are seeking a qualified Treasury and Accounting Specialist to support our finance team in Isilumko Staffing (JHB). The estimated salary for this role is R1,200,000 - R1,500,000 per annum.Responsibilities include overseeing receipting, walk-in receipting, and correspondence with Treasury in Geneva. The...

  • Financial Treasury and Accounts Specialist

    6 months ago

    Johannesburg, South Africa BankservAfrica Full time

    **Do you see a future that includes more?** **More exposure to innovative technologies, more personal growth, more experience?** **Look at the position we have available and see how, together we can shape your future, so that you can give more and include more.**: - Job Title- Financial Treasury and Accounts Specialist- Location- Selby - Johannesburg, GP...

  • Treasury and Finance Specialist

    3 weeks ago

    Johannesburg, Gauteng, South Africa Isilumko Staffing (JHB) Full time

    Are you a detail-oriented and organized individual with a passion for finance and accounting? Isilumko Staffing (JHB) is seeking a Treasury and Finance Specialist to join their team as a Financial Manager Assistant. The estimated salary for this role is R1,200,000 - R1,500,000 per annum.Key Responsibilities:Support the Group FM and Treasury SpecialistLiaise...

  • Treasury Specialist

    9 months ago

    Johannesburg, South Africa De Beers Group of Companies Full time

    **Company Description - ou put safety first. That’s why we want you.** Safe. Smart. Sustainable. Probably not the first words you typically associate with mining. But Anglo American is not your typical mining company. Guided by our purpose and our values, we enable both high performance and purposeful action as we aim to “re-imagine mining to improve...

  • Financial Accounting Specialist

    3 weeks ago

    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Financial Accounting Specialist OpportunityThis multinational construction group has made significant strides in recent years, experiencing substantial growth and expansion into the international market. To support their finance team's continued success, they are seeking a growth-focused Financial Accounting Specialist to drive budgeting and forecasting...

  • Senior Systems Implementation Specialist

    4 weeks ago

    Johannesburg, Gauteng, South Africa Gauteng Treasury Full time

    Job Title : Senior Systems Implementation SpecialistAbout the RoleThis role is based in Gauteng, Johannesburg and will be responsible for overseeing the management of internal controls in line with the ERP system standards. The ideal candidate will manage relationships with key stakeholders to ensure implementation of new reforms.Key...

  • Treasury Operations Specialist

    2 weeks ago

    Johannesburg, Gauteng, South Africa Curiska Full time

    Job Summary: We are seeking a skilled Treasury Operations Specialist to join our team at Curiska. The successful candidate will be responsible for managing the company's client financial assets on a daily basis, ensuring alignment with our strategic objectives.The ideal candidate will have a minimum of 2 years' experience in treasury, finance, or banking,...

  • Treasury Specialist

    2 days ago

    Johannesburg, South Africa Optimal Growth Technologies Full time

    Optimal Growth Technologies is looking for a Treasury Specialist - Forex and Hedge Accounting to manage the processes relating to transactions in foreign currency and cash flow related processes in a timely and accurate manner, in accordance with defined operating procedures, policies, SOX, compliance and business partner service level...

  • Treasury and Accounts Analyst

    4 months ago

    Johannesburg, South Africa BankservAfrica Full time

    Job Title- Treasury and Accounts Analyst- Location- Selby - Johannesburg, GP 2001 ZA (Primary) - Occupational Level- Skilled- Job Category- Finance- Job Type- Permanent- DescriptionBankservAfrica form part of the South African National Payments System and are a trusted partner of the financial industry, including banking institutions, and therefore require...

  • Group Treasury Accountant

    1 month ago

    Johannesburg, South Africa FirstRand Corporate Centre Full time

    Job title : Group Treasury Accountant Job Location : Gauteng, Johannesburg Deadline : December 25, 2024 Quick Recommended Links Jobs by Location Job by industries Job Description To be responsible for managing the accounting of the financial activities of the division technical accounting frameworks, standards, policies, processes and...

  • Treasury Manager

    4 days ago

    Johannesburg, South Africa Pronto Labour Team Full time

    **Treasury Manager**: - Qualified **CA (SA)**: - Member of the Association of Corporate Treasurers of South Africa (ACTSA) an Advantage - 5 Year's applied experience within Treasury and Financial Management - **Cash Management**: - Manage Debt facilities - Manage Short term Investment Strategies - Issue Funding requirements - Issue Banking products -...

  • Treasury Manager

    2 months ago

    Johannesburg, South Africa Jobted ZA C2 Full time

    Job Title: Treasury Manager Retail Industry (Relocate to Durban) Location: Durban, South Africa Key Responsibilities: - Lead the treasury operations, including cash flow forecasting, liquidity management, and bank relationship management. - Develop and implement strategies for optimizing the use of funds and managing financial risks. - Ensure compliance...

  • Corporate Treasury Financial Analyst

    1 month ago

    Johannesburg, Gauteng, South Africa FirstRand Corporate Centre Full time

    Job Title: Corporate Treasury Financial AnalystEstimated Salary: R550,000 - R700,000 per annumCompany OverviewFirstRand Corporate Centre is a leading financial institution that values diversity and innovation. We empower our employees to grow and develop in their careers, while maintaining a strong focus on excellent customer service.Job DescriptionWe are...

  • Treasury administrator

    2 months ago

    Johannesburg, South Africa Curiska Full time

    Treasury Executive/AdministratorJob Summary:The Treasury Administrator is responsible for managing the company’s client financial assets on a daily basis. This role supports key treasury functions, including cash management, financial planning, and risk mitigation, to ensure alignment with the company’s strategic objectives.Key Responsibilities:Cash...

  • Head of Treasury

    6 months ago

    Johannesburg, South Africa Adcorp Holdings Full time

    The main purpose of this role is to support the company’s Treasury function cash flow forecasting, liquidity management, day to day cash management activities, weekly and monthly reporting as well as other treasury specific ad hoc tasks. The key aim is to support the business cash requirements to ensure money is in the right place at the right time to...

  • Technical Systems Support Director

    1 month ago

    Johannesburg, Gauteng, South Africa Gauteng Treasury Full time

    Job OverviewThe Gauteng Treasury is seeking an experienced Technical Systems Support Director to lead the implementation of new reforms and manage internal controls in line with ERP system standards.About the RoleThis position will oversee the rollout of the procurement system, provide continuous support, and review business processes for procurement and...

  • Head of Treasury

    6 months ago

    Johannesburg North, South Africa Communicate Recruitment Full time

    A well-known financial services company based in Johannesburg is looking for a Head of Treasury who’s main purpose will be to support the company’s **Treasury function** cash flow forecasting, liquidity management, day to day cash management activities, weekly and monthly reporting as well as other treasury specific ad hoc tasks. The key aim for this...

  • Head of Treasury

    6 months ago

    Johannesburg North, South Africa Communicate Recruitment Full time

    A well-known financial services company based in Johannesburg is looking for a Head of Treasury who’s main purpose will be to support the company’s **Treasury function** cash flow forecasting, liquidity management, day to day cash management activities, weekly and monthly reporting as well as other treasury specific ad hoc tasks. The key aim for this...

  • Head of Treasury

    7 months ago

    Johannesburg North, South Africa Communicate Recruitment Full time

    A well-known financial services company based in Johannesburg is looking for a Head of Treasury who’s main purpose will be to support the company’s **Treasury function** cash flow forecasting, liquidity management, day to day cash management activities, weekly and monthly reporting as well as other treasury specific ad hoc tasks. The key aim for this...