Finance Manager - Treasury at RCL Foods

• This role would best suit a skilled CA (SA) that can build strong relationships and perform finance functions in Treasury.
• The role will be based in Pretoria West and report to the Finance Executive.

Minimum Requirements    
Qualifications

• CA (SA) – 2 years post articles in a similar role

Experience

• Intermediate to advanced proficiency in MS Excel
• SAP ERP experience
• Kyriba (Advantageous) / Treasury system exposure
• Operational knowledge of CFC Accounts and the settlement of foreign exchange transactions
• Understanding of execution and settlements of FECs and basic derivative accounting treatment will be advantageous
• Performing month-end finance function – preparation of month-end journals for the close of cash books, GL balance sheet recons
• Understanding of financial transactions in IFRS 9 / IAS 39

Duties & Responsibilities    
Treasury

• Cash forecasts
• Consolidation of cash forecast for some of the entities into the tracker used for submission to group.
• Analytical - cash forecast submitted per operating unit to previous month to identify material differences or trend.
• Analytical - Allocation of daily actual cash movements from the bank account against individual operating unit forecasts and loan balances.

Calculation and establishment of trend for variances

• Assisting cash book clerk to reconcile differences.
• Reviewing of forecast cash positions to limits set by group to determine potential breaches.
• Allocation of consolidated cash forecast from tracker into the dashboard
• Preparation schedule of differences per operating unit
• Preparation of report which indicates bank accounts that have exceeded their limit.
• Proposed actions to be discussed with operating units to look at accurate cash forecasts.
• Propose actions to be take by business to better cash position.

Month-end Treasury Responsibilities

• Review and sign off on cash book journals. 

• Foreign exchange monitoring and responsibilities
• Conversion of CFC account sweeping to Rand.
• Prepare relevant journal entries to be posted to record such transactions.
• Calculation of profit and loss between external and internal FEC’s, preparation of necessary journals to record such transaction.
• Review of exchange rates applied on internal FEC’s against FX policy.
• Preparation of intercompany profit/loss reporting on internal FEC’s, balance sheet FEC asset/liabilities.

Closing Date    
2023/05/27