Account Administrator: Treasury
1 week ago
**Job Advert**:
We have an exciting opportunity for a Account Administrator: Treasury to join our team. This position is based at our Support Centre in Kuilsriver, Cape Town and will be part of a very diverse Finance team. This role will report to the Accountant: Treasury. The Account Administrator: Treasury will be responsible to perform daily cash management and treasury functions for all local and foreign entities.
**Qualifications**:
**Essential**:
- National Diploma in Finance / Accounting or related
**Preferred**:
- Undergraduate Degree in Finance / Accounting or related
**Knowledge, Skills and Experience**:
**KNOWLEDGE required**:
- Strong administration knowledge and ability
***SKILLS required**:
- Computer skills, intermediate to advanced Excel
- Ability to work independently as well as in a team
- Ability to work under pressure and large volumes of work
- Attention to detail
- Deadline driven
- Excellent time management, planning & organising skills
**EXPERIENCE required**:
**Essential**:
- Minimum 5 years’ experience in financial processes within a finance environment
**Preferred**:
- Retail environment
**Key Responsibilities**:
**Treasury & Cashflow management**
- Perform daily cash flow duties in accordance with agreed upon procedures
- Record daily bank account movement on bank summaries
- Prepare and capture monthly bank journals (SA, BLNSZ countries)
- Cashflow forecasting
- Manage and maintain accuracy of information captured on Bellin (treasury management system)
**Loan accounts**
Loan Matrix on intercompany loans
- Manage loan account balances every month
- Monitor for exceptions,
- Journal entries and/or cash settlements to clear accounts,
- Where appropriate prepare dividend declarations (cash & non-cash)
- Assess interest charged on loan accounts
STAR Loan account
- Maintain a record of all payments to and from STAR
- Relevant reporting of balances and movements
**Reconciliations**
Bank reconciliation
- Review of monthly bank reconciliations
- Query, resolve and journalise reconciling items
- Matching of correction journals and communication of reconciling items across teams
- Balancing stores’ bank statements to General Ledger for store bank accounts.
- Compile weekly bank account summary reporting on main accounts
Value Added Services
- Attend to queries on VAS
**Foreign exchange & stock repatriations**
- Obtain & validate relevant supporting documentation for export transactions
- Perform foreign exchange transactions with bank to repatriate the necessary funds & complete relevant banking documentation
- Capture & approve relevant foreign exchange transactions on Bellin
- Assess opportunities to optimize exchange rate through efficient buying / selling of currency.
**Maintenance**
- Perform banking administration (user set up, bank signatories, mandates, manage resolutions, complete KYC documents, account maintenance, legal documents)
- Manage various banking queries
- Maintain EFT authorisation list
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