Cash Management Administrator at Thungela

Job Description

• As the Cash Management Administrator, you will ensure the execution of all bank reconciliations.

More of your responsibilities will include:

• Conduct all vendor payments based on an approved funding proposal.
• Ensure timeous receipt and approval of vendor funding proposals.
• Ensure verification of high value invoices and banking account details
• Execute all vendor payment schedules accurately and timeously
• Timeous and successful release of vendor payments
• Manage the creation of manual payments e.g. SARS
• Investigate and close out queries related to rejected, unpaid payments, blocked payments or other vendor exceptions
• Conduct selected reconciliations and clearing of Non-PO vendors
• Identify opportunities and trends for improving processes related to vendor payments
• Prepare journals accurately and timeously
• Assist the Supervisor to pro-actively meet targets and ensure compliance with policies, procedures, audits, and attestation
• Collaborate with all stakeholders to meet targets e.g. Accounts Payable and Treasury
• Ensure compliance with policies, procedures, audits, and attestation
• Execution of specified bank reconciliations
• Accurate and timeous clearing of matching open items
• Investigate and timeous resolution of uncleared and residual open line items
• Accurate and timeous reconciliation/analysis of specified bank accounts
• Identify and review any trends related to bank reconciliations

Qualifications

• Matric
• Diploma/ Degree in Finance or related field

Experience

• Minimum of 2 years’ experience in a financial services field
• Experience working with commercial banks (Advantageous)

Additional Information

• International Financial Reporting Standards
• Protection of Personal Information Act, No 4 of 2013
• Emerging knowledge of applicable finance systems, specifically SAP S4
• Emerging knowledge of bank interfaces
• Emerging understanding of applicable financial controls
• Basic knowledge of financial services processesJob Description
• As the Cash Management Administrator, you will ensure the execution of all bank reconciliations.