Introduction:
The primary objective of this role is to ensure precise cash forecasting and adherence to the client’s policies and procedures in all payment processing activities.
Duties & Responsibilities:
- Load, post, and match all Treasury and Bank Payments, including AR Refunds.
- Conduct daily and weekly cash flow forecasting, promptly raising concerns when necessary.
- Complete petty cash reconciliations at month-end, reimbursing petty cash based on approved float.
- Perform monthly bank reconciliations.
- Investigate failed or returned payments by the bank and address unknown receipts that cannot be allocated in the system.
- Ensure compliance of RSSC and all business units/countries with local and global policies.
- Deliver accurate and timely month-end reporting.
- Capture all online banking, cheque payments, treasury payments, and receipts in the financial system within 24 hours of payment.
- Verify the validity of all Guarantees with banks and institutions, renewing/canceling as needed.
- Coordinate signatures and submit Asset Based Finance Agreements as required.
- Review all facilities to ensure sufficient limits are available.
- Ensure timely processing of all manual/urgent payments in compliance with policy.
- Process employee expenses, travel advances, and credit card reconciliations.
- Conduct root cause analysis of errors in problematic areas.
- Undertake ad-hoc duties as directed by immediate supervisor or management.
- Export bank statements for month-end reconciliations.
- Communicate with the bank regarding any queries or issues that may arise.
- Handle various administrative tasks.
- Understand diverse country requirements and currencies.
- Support Process Specialists in the AP and IC department.
- Provide supporting documents and others for audit purposes.
Desired Experience & Qualification:
- Financial-related qualification.
- Minimum of 2 years’ experience in Cash Management/Treasury.
- Minimum of 2 years’ experience in creditors or in an operational finance role.
- Ability to explain transactions using T-Accounts.
- Basic understanding of Exchange control regulations in South Africa and Sub-Saharan Countries (Adv).
- Proficiency in SAP ERP (Adv) and CargoWise1 (Adv).
To express interest, PLEASE SEND YOUR UPDATED CV (MS WORD FORMAT) & CURRENT SALARY STRUCTURE TO: wilene@mhgroup.co.za
If you do not receive a response within 2 weeks of the closing date, please consider your application unsuccessful.
