TREASURY ACCOUNTANT

Principal Accountabilities

1. Maintain the Companies’ cash book by maintaining correct and accurate details of all transactions.

Ensuring accurate and timely recording of all in-coming and outgoing funds: including posting and allocating receipts on Accounts Receivable; Updating the General Ledger with transactions on the bank statement daily; Investigating and clearing any unknown receipts paid into the current account; Updating and matching the Accounts payable ledger with all payments made from the Company’s bank accounts.

a. Controls: Ensure that the procedures and controls are followed before any payments are released.

b. Ensure completeness of transactions daily. Ensure that all entries are properly, timely and correctly captured in Epicor and supported by appropriate documentation strictly in compliance with the company’s procedures and legislation. Support a smooth weekly and month end process by ensuring all transactions are captured.

c. Manging Cash forecasting and planning : Prepare weekly cash forecast and coordinating with other intercompany accounts to ensure amounts forecast are aligned. Align and support in prepation of cashflows for budgets and forecasts

d. Undertake daily bank reconciliations, investigate and query any anomalies and follow up with bank to correct such anomalies or errors.

e. Monitor cash balances, identify hard currency needs and monitor accounts to ensure adequate cover for business operations.

f. Perform bank charges and interest analysis and keep thorough and complete records of all transactions.

g. Ensure adequate funding for the forward contracts and monitor to ensure that the contracts are effected on time and funds are received in full.

h. Compute weekly forward gains or losses for Management Accounts and reconcile to the general ledger.

i. Monitor and manage credit card transactions and ensure all card expenses are accounted for.

j. Update and distribute the weekly exchange rates and updated in the ERP. Monthly update the closing rates to be applied for balance sheet revaluation.

k. Carry out month end bank and loan balance revaluation

l. Compute loan interest and ensure payments are made on time. Maintain Loan schedules.

m. Maintain accurate and complete records of standing orders, leases and guarantees to ensure these are renewed on due dates.

n. Ensure accounting treatments and policies adopted comply with group financial accounting policies and international accounting standards.

o. Participate and provide support for internal and external audits.

Key Challenges

• Ability to work on own initiative and to meet deadlines

• Stakeholder management including external suppliers and internal stakeholders.

• Ensure correct allocation and booking of transactions.

• Seek constant improvement in operational efficiencies.

• Ability to troubleshoot

Job Knowledge, Skills & Experiences

• Strong cash management and/or banking experience

• High level of integrity.

• Familiarity with the procedures, practices of a finance department

• Outstanding data management and record-keeping skills

• Excellent analytical, interpretation, and problem-solving

• Strong focus on accuracy and detailing

• Ability to perform account reconciliations

Qualification

• Business or Accounting qualification.

• Experience working in a busy Accounting Office