Cash Clerk - Johannesburg at Alstom

Purpose of the Job :

• The primary focus of this position is to ensure the accurate accounting and administration of the treasury matters and to support the business with treasury requirements. The secondary focus of the role is to support the Treasury manager in executing ad hoc finance matters.

Responsibilities of the position are as follows, but not limited to:

Measurement (Key Performance Indicators)

• Bank balance daily level
• Say-do on cash forecast
• On time submission of daily cash flow
• On time accounting for month-end transaction (by D+2)
• Bank reconciliation with reconciling items not longer than a month
• Management of reconciliation as per set group standards

Responsibilities and objectives:

• Cashbook processing for all bank accounts, cash cards and corporate cards, ensure all transactions are allocated accurately and cleared before month-end
• Prepare and post daily and monthly manual bank journal to the General Ledger
• Maintain and reconciling of cashbook and other treasury related balance sheet accounts
• Prepare monthly bank reconciliations and timeously resolving reconciling items
• Processing of payments according to the payment schedule and within stipulated deadlines
• Allocate customer receipt against customer invoices (AR clearing)
• Manager and monitor bank balances, prepare and communicates daily cash flows
• Ensure cash optimisation
• Maintaining strong collaboration and working relationships with peers in Central Treasury (Front Office/Cash Management/Bonds & Guarantees/Project & Export Finance)
• Calculation of interest on loans and processing the related journals
• Perform month-end closing activities, year-end closing activities and reconciliations within a predetermined deadline including remeasurement of foreign currency bank accounts
• Regular updating of bank mandates within stipulated deadlines
• Maintaining & rationalizing bank relationship at affiliates level
• Assist and support audit team in auditing of treasury records (internal and external audits including ICQ)
• Ensure that treasury controls are strictly adhered to (Guardian of the rules)
• Obtain South African Reserve Bank Approval for all foreign currency receipts and payments
• Perform ad-hoc assignments as instructed

Business understanding and desired knowledge/experience

Minimum education required

• Bcom Account degree or equivalent

Minimum experience required

• 2- 3 years financial experience within a financial department working with SAP, treasury experience is an added advantage
• Basic knowledge of business and full accounting function

Profile :

• Strong accounting, banking or treasury academic background,
• Excellent analytical and organizational skills and demonstration of great attention to details
• Ability to discern key trends influencing the cash flows and capacity to challenge those trends
• Strong understanding of cash flow generation cycles & accounting mechanism from Profit & Loss to Balance Sheet and Cash Flows
• Knowledge of Microsoft Office Excel (Pivot Tables, V-Lookup, etc.)
• Excellent communication skills both oral and in-writing, networking skills internally & with third parties (banks…)
• Ability to adhere to strict deadlines, time management and ability to work under pressure