Process Specialist, Cash Management

1 week 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.

**Job-related Requirements**

Minimum of 2 years experience in Cash Management/Treasury
OR
2 years experience in creditors or in an operational finance role

**Tertiary Qualification(s) - Advantage**
- Financial Degree

**Computer Literacy Level - advanced**
- MS Word, Excel, PowerPoint & Outlook

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

**Electives**
- 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

**DUTIES & 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 with in accounts (Inter-Transfers)
- Investigate Failed or Returned payment by Bank as well as unknown receipts that can not 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.


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