Job Purpose

A treasury accountant will be involved in the management of bank accounts, maintaining financial records, performing banking operations, providing financial advice to the company, and handling the cash management system.

Responsibilities

• Daily matching of bank statements and cash book to ensure that any double receipts/erroneous receipts are detected and corrected.
• Daily follow up with bank on identified credits, unexplained bank debits and ensuring all items are addressed.
• Daily preparation of un-receipted transaction reports and follow-up with relevant sections to ensure all items are receipted within set timelines.
• Passing journal vouchers, debit memos, cash management transactions, and payment of USD invoices.
• Analysis of various bank charges such as guarantee fees, LC commission fees, interest charges, unpaid cheque charges, and other bank charges to ensure correct amounts are charged on company accounts.
• Processing payment and other bank instructions, following up with the bank to ensure all are processed with good value date.
• Maintain custom bonds /guarantees register – regularly updating relevant parties on the issuance of new bonds and cancellation of bonds and guarantees.
• Monthly Revaluation of foreign-denominated accounts.
• Timely preparation of end-month reconciliation of all assigned bank and loan accounts and ensuring any resulting issues are investigated and resolved.
• Processing applications for letters of credit and custom bonds/guarantees, loan drawdowns/repayments and follow-up to ensure they are issued within the required timelines.
• Processing applications for holding certificates to the company and following up to ensure they are issued to the company and the financiers in good time.
• Daily confirmation and receipting of funds received from customers
• Assist the Treasury Manager in monitoring liquidity, matching liquidity with short & long-term obligations, managing bank facilities, as well as ensuring that the company gets the best return from its investment in short-term cash instruments and/ or pays a minimal price on its debt facilities.
• Fostering good relations with all Banks.
• Any other duties as may be assigned by Management from time to time

Requirements

• Bachelor’s Degree in Finance/Accounting/ Economics and or related fields.
• Professional Accounting certification (CPA, ACCA).
• Minimum 2 years experience in an accounting position within a busy treasury department.
• Excellent analytical and numerical skills.
• Proficient in MS Office applications, particularly MS Excel.
• Team player.
• Ability to maintain high levels of confidentiality.
• Proficient in using ERP systems, preferably Oracle.
• Ability to work under pressure and capable of meeting tight deadlines that may require occasionally working longer hours including weekends.
• Have good written and verbal communication skills.
• Capable of handling figures and cash.
• Strong understanding of financial markets, financial instruments and debt instruments.
• Ability to work under minimum supervision.