Treasury and Accounts Analyst

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 that employees adhere to unwavering standards of honesty and transparency in performing their duties.

PURPOSE

As a Treasury and Accounts Analyst you are responsible for:
Manages the organization's financial activities related to treasury functions and accounting processes. This includes overseeing cash management, liquidity, investments, and financial risk management. Responsible for ensuring that the organization's financial resources are utilized effectively and efficiently, and that all financial transactions are accurately recorded and reported in compliance with relevant regulations and standards. The role requires strong analytical skills, attention to detail, and knowledge of financial markets and accounting principles.
You will engage with the following stakeholders:

- External
- Customers
- Suppliers
- Financial Institution. (Local and International)
- Internal
- Business Unit Managers

Your key responsibilities include:
Treasury and Accounts Analyst
Cash Management
- Monitoring and managing the organization's cash flow to ensure there is enough liquidity to meet financial obligations while maximizing returns on idle cash.
- Manage cash flow by monitoring, analysing, and forecasting financial data.
- Execute daily cash management operations, including reconciliations and fund transfers.
- Maintain accurate records of all financial transactions and ensure compliance with regulatory requirements.
- Analysing technical support issues
- Importing bank data
- Update Cash Flow Dashboard
- Bank Account maintenance.
- Establish connectivity of new accounts
- Admin queries - provide support requested for transactions/bank statements.

Forex management
- Update the foreign exchange rates daily.
- Negotiating favorable rates for international payments
- Maintaining the forex exchange analysis report

Investments
- Assist to re-allocated excess funds from current to call accounts on a regular basis.
- Ensure funds are available in current accounts when payments are made.
- Assist to maintain investments as per investment policy.
- Assist to compile cash forecasts to assist with investment decisions.

Bank Administration
- Assist in opening and closing off bank accounts.
- Updating of signature on bank profiles
- Assist in maintaining of bank profiles.
- Uploading Banking details on the banking platform
- Credit Card Management
- Banking and Cash reporting including reporting on security and rights of users on bank accounts and profiles.
- Loading Banking details on the banking platform

Banking Relationships
- Developing and maintaining relationships with banks and financial institutions
- Negotiate favorable terms for banking services, credit facilities and investments opportunities.
- Manage any communication with the banks.
- Ensure bank documentation are properly authorised and processed as per the company’s authorisation policy and procedures.

General Ledger
- Assist with ensuring that the clearing accounts is clear at month-end
- Processing monthly journals
- Revaluations for Forex
- Advance and Prepayment Journals
- ACB & Swazi Journals and closing
- ACB & Swazi closing of Cash Books
- Updating on Balance sheet recons
- Intercompany clearing accounts Journals
- Group Clearing Journals
- Closing Journals (AP/AR clearing and VAT clearing)
- VAT recon and monthly Tax journal
- Analyzing and submitting monthly TBs
- Monthly cash report update
- Finance Income Analysis
- Capturing interest income - Fixed Deposit Accounts

Compliance and Risk
- Assist in the development and implementation of treasury policies and procedures.
- Collaborate with internal teams to optimize liquidity and mitigate financial risks.
- Policies and procedures: Provide input into relevant policies and procedures.
- Compliance: Comply with relevant policies & procedures, regulation, and legislation
- Risk: Identify and escalate risks appropriately
- KYC done on a yearly basis.
- Ensuring that the internal control environment for Cash management is sound.
- Making improvements to processes.
- Audit Interim and Year End
- Working with the external/internal auditors
- Schedules and Reports and Analysis
- Submitting of all approved bank recons
- Assist with the audit requests.
- Assist with proving all required documents for Audit- QUALIFICATIONS / KNOWLEDGE
- Matric Certificate
- Bookkeeping Diploma or Accounting degree or Professional certification
- Required computer literacy levels.
- Microsoft Suite
- Accpac an advantage
- EXPERIENCE
- Minimum 3 years’ experience in auditing or finance