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TREASURY:
1. Design and implement Treasury functions and procedures
2. Manage Liaise with Company Bankers on following topics:
a. Authorised signatories
b. Authorised on-line banking releasing
c. Consolidated inter net banking platforms
d. Optimal banking solutions and reduced banking fees
e. Best pricing for forward cover
f. Adhoc requirements
g. SARB - Compliance
3. Manage transaction dates, specifically the Risk and reward dates on stock and take out forward cover where required for all entities
4. Foreign Exchange - Manage risk on forward cover for local customers and ensure ROE recovery clause is invoiced and followed up. (ROE -Rate of Exchange)
5. Foreign Exchange - Resolve any queries related to ROE
6. Effectively managing and covering of all open foreign exchange risks and Compliance requirements
CASH MANAGEMENT:
1. forecast for all companies in the Group
2. Optimisation of cash position and investments- Possible cash pooling system implementation
3. Completion of weekly bank balance sheet for Germany
4. Completion of Liquidity risk schedules for Management and Germany
5. Completion of monthly Cashflow reports for all companies in the group, along with commentaries
6. Reserve Bank applications/renewals and record keeping of all SARB approvals and renewal dates
7. Complete bank documentation for any additional bank accounts/changes iro changes of company details/signatories (incl. all bank accounts/credit cards/petty cash debit cards)
8. Assist management with group insurance policies, declarations and risks
9. Keep record of insurance policies details and renewal dates
10. Monitoring cash flow & working capital requirements on an ongoing basis, ensuring sufficient liquidity to maintain operating activities
DEBTORS & CREDITORS MANAGEMENT:
1. Review and sign creditors reconciliations
2. Review and release creditors payments from bank.
3. Regular meetings with credit controller & larger team and assist to resolve queries.
ACCOUNTING:
1. Check and sign monthly bank reconciliations
2. Account for interest receive, interest paid and bank charges
3. Account for foreign gains and losses for all forward transactions
4. Assist with compilation of financial information & calculations for BEE certification purpose
5. Audit: Give auditors all company and bank contact details. And help to follow up on bank confirmation
ADMIN:
1. Keep company records up to date / filing
2. Manage all changes to company statutory documentation by either making the necessary changes or engaging with outsourced secretarial consultant
3. Assisting with company resolutions
SUPERVISORY:
1. Manage & review debtors and creditors staff
2. Train, assist, mentor and develop staff.
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