Financial Planning Specialist

5 days ago


Centurion, Gauteng, South Africa FACT Sa Full time
Job Description

Purpose:

The purpose of this position is to manage loans and cash, ensuring timely payments and administration of forward exchange contracts. Additionally, it involves financial planning and budget input, including annual budget funding requirements, cash flow forecasts, and long-term budget forecasting.

Key Performance Areas:
  1. Loan Management and Debt Servicing:
  • Develop accurate loan schedules and maintain up-to-date records of payments, disbursements, and interest rates.
  • Ensure timely and accurate booking of new drawdowns and loans on FTI Star.
  • Provide SARB and National Treasury reports and drawdown requests in a timely manner.
  • Maintain accurate and timely loan and coupon payments, BOP reports, and transfer instructions.
  • Process Exchange Control Approvals and Extensions for debt servicing while providing technical advice on processing technology, capability, risks, and costs.
Cash Flow Planning and Actual Funding Requirements:
  • Establish reliable daily cash flow requirements.
  • Prepare detailed updated monthly forecast schedules.
  • Conduct reliable month-end updates.
  • Perform accurate reconciliation within two weeks after receiving cash books.
Annual Budget Review Process:
  • Develop detailed and accurate forecasts on local and foreign loans for budgets as per the budget review deadlines.
  • Ensure timely update of funding requirements with loan forecasts and divisional numbers.
  • Support Financial Year-end: Detailed, accurate, and timely loans input, admin, reporting as per the financial year-end deadlines.
  • Assist internally and externally with auditors on Financial Year-end.
Treasury Reporting and Administration:
  • Update monthly PF&T reports and prepare quarterly Funding Report.
  • Deliver detailed and reliable monthly and quarterly reporting with variance explanations for actuals vs budget.
  • Maintain detailed and reliable monthly diary for all projects on loans, maturities, interest, capital, and regulatory submissions and requirements.
  • Contribute to committees, task teams, governance processes, and organisational-wide interventions (e.g., Monthly reporting to the Minister).
  • Liaise with committee chairs, process owners, and line managers.


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