Cashbook And Treasury Manager at AVI Limited

Job Specification:

Key Performance Areas:

Cash Flow Forecasting

• Compile Daily Cash Flow Report, forecasting the current day’s cash in/outflow and sweep excess cash to/request funds from AVI Treasury
• Compile weekly the 8 Week Cash Flow forecast to provide insight into NBL’s cash requirements to AVI Treasury
• Report daily on cash flow forecasting variances and work with relevant department to improve where it is within our control
• Enforce and track adherence to the cash flow forecasting SOP

 Reporting

• Interest Reconciliation Report balanced to SAP figures and issued by 3rd working day
• Monthly Forex Report figures for issuing by 4th working day
• Monthly Treasury Report balanced to Essbase compiled accurately and issued by 8th working day
• Semi-Annual Import Undertaking of Undertaking Self-Assessments Reporting is accurate and submitted on time to AVI Illovo Treasury (board report)
• Semi-Annual Tax Schedule compiled for Tax dept.
• Quarterly SARB FORM B03 statistical report compiled and issued by 15th for each quarter
• SAP rates – daily foreign currency, R-rates, International and Factory confirmation

Bank Maintenance and Payments

• Maintenance of bank accounts, bank signatories and business online banking operators and authorisers and bank accounts’ required limits
• Checking foreign payments to ensure SARB requirements met (also Letter of Undertaking Requirements)
• Through daily cash flow reporting, ensure sufficient funds obtained from AVI Treasury in bank accounts for local vendor and payroll payments
• Check EFT refunds for Ciro Coffee Boutique and check and approve site petty cash and LSS Paycard reimbursements
• Manage Letters of Credit and Guarantees
• Checking and capturing of Treasury banking journals
• Review monthly reconciliations (Cashbook/ CFC/ Interest/ Loans)
• Monthly foreign payments schedule reviewed before issue to BU

Management of Staff

• Development plans in place for staff with monthly reviews to ensure progress.

Ad hoc reporting and queries

• Addressing of ad hoc queries from management and other staff members
• Submission of ad hoc reports to Shared Service Executives and Financial Manager when requested
• Managing the internal and external audits – EY Auditors, SARS and SARB.

Minimum Requirements:

Experience:                                                                   

• 10 Years relevant cashbook and treasury experience working with complex systems and foreign payment processes
• 3 years leadership experience
• Knowledge of banking system processes

Qualifications:

• Matric/Grade 12
• Com Accounting / Finance or National Diploma Accounting / Finance

Competencies:

• Attention to Detail
• Initiate and achieve results
• Communicate clearly
• Be flexible and open to change
• Deliver customer service
• Upholds standards and ethics
• Manage own team
• Analyse and solve problems