Junior Treasury Accountant

Minimum requirements: 

• Matric
• Relevant Tertiary Qualification

Responsibilities: 

• Print Bank statements, to update the Daily Cash Flow on Dropbox and save on the s-drive.
• Send an email daily to the Debtors department with Debtors receipts (inflows received in the bank for the previous day)
• Debtors will send Pastel allocations for the receipts sent, upon receiving this response, allocate the receipts on pastel as instructed and advise the Debtors department that the receipts are posted.
• Prepare the cashflow statement (with previous days transactions)
• Print all payment requests received, and arrange for the payment runs (Tuesdays and Fridays)
• Prepare payment recon, and load payments on FNB Portal
• Submit the payment pack on Hellosign for the signatories to review, sign-off and release the payment.
• Once payment is fully approved and the proof of payment is issued send the pop to the relevant recipient.
• USD Payments - load on FNB portal and get necessary approvals for the payments.
• Allocate entries on the bank statements daily, to ensure that the Pastel bank recon is always in line with the bank statement daily. (ZAR and USD)
• Head Office Treasury send swifts for all USD receipts, once every swift is received, process it on the FNB Portal and get the necessary approval for the receipts to be fully authorized within the described value date.
• Daily, check swifts received the previous day against the bank statement to ensure that all receipts for each value date are fully processed.
• If a receipt is omitted by FNB, liaise with FNB Inward to release. 
• Always ensure that swifts received, are reflecting in our bank account as of the relevant value date.
• Prepare all month end invoices and ensure what the cash requirement is for month end payments
• Transfer Funds between Call and Current Account as required by liaising with Head Office
• Process Petty Cash movements in pastel to balance to WSS reports.
• Ensure that month end invoices are received in time and the costs are captured within the set month to ensure that expenditure is accurately recorded.
• Log into Siyakhokha and print the monthly electricity invoice and share with relevant Manager for her reports
• Capture Insurance Journals monthly
• Reconcile insurance billing when received from HO to ensure that the invoicing is accurate.
• Receive and load Intercompany recharges invoices as when received from the divisions.
• Month end journals processing and posting on Pastel.
• For all month end invoices received, prepare the payment batch and upload on Hellosign for approvers to review and release.
• Once all payments are fully released, send the proof of payment to the relevant receipients.
• Save signed payments on the S-Drive
• Save proof of payments on the S-Drive
• USD Payments Ensure that the best rate is always secured for the USD payments
• Process the accruals journal at month end for all unpaid invoices.
• Receive and prepare the Absa Tolls and Harbor Weighing Reports and send to relevant Managers
• Reconcile the bank recons with bank statements with all month end payments made, bank charges and other entries as reflected on the bank statement.
• Reconcile allocated GLs i.e Prepaids, Cash In Transit, Deposits, Rentals, Suspense at month end
• Receive and review and submit for approval all Intercompany confirmations and send the signed confirmations to the relevant divisions.
• Liaise with divisions on queries which arise.
• Assisting FM with and FD with Ad hoc and additional queries
• Insurance journals and processes
• Directors expenses accounts processing and reporting.
• Bank recons processing and finalization submit for approval and sign off to FM.
• Revaluation run for USD bank recon (once all processing is done, speak to relevant Manager to run the pastel reval)
• Process Interest Journals for Head Office Overdraft Facility and balance to them
• Process Insurance journals as when sent by HO to the relevant GLs.
• Upon receiving signed bank recons, scan and save under month end reports on the S-Drive
• Review of VAT when comfortable to take over.
• Do FAR eventually.
• Keep up to month end deadlines.
• Attend to queries from ZIM relating to payments and carry them out.