Treasury Clerk

SUMMARY:
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POSITION INFO:

Location: Koelenhof, Stellenbosch (Bottelary Road)
Department: Finance
Reporting to: Treasury Manager

A well-established organisation operating within a commodity trading environment is seeking a highly organised and detail-driven Finance Clerk (Treasury) to support daily treasury and banking operations. This role is critical to ensuring accurate settlements, effective cash management, and strong banking controls across multiple accounts and currencies.

The position suits someone with solid experience in payments, banking, and treasury operations, who is comfortable working under pressure, managing tight deadlines, and collaborating closely with trading, finance, and logistics teams.

Key Responsibilities

Payments & Banking

• Execute daily outgoing payments in collaboration with the accounts payable team, ensuring accuracy, correct value dates, and appropriate authorisation.

• Manage broker accounts and the settlement of daily SAFEX margin requirements.

• Monitor incoming payments and bank activity across multiple accounts and currencies.

• Support foreign exchange–related payments and settlements.

• Set up and maintain bank beneficiaries in line with internal approval procedures.

• Liaise with banking partners to resolve payment queries, recalls, and settlement issues.

Treasury & Cash Management

• Prepare daily cash position reports and support short-term liquidity monitoring.

• Assist with foreign currency payments and settlements, including coordination with FX deals.

• Track and maintain records of bank fees, interest, and charges.

Settlements & Reconciliations

• Perform daily bank reconciliations and ensure all transactions are accurately recorded in the accounting system.

• Investigate and resolve discrepancies, failed payments, and unmatched transactions.

• Process and coordinate monthly intercompany settlements across group entities.

• Support month-end close activities relating to bank and treasury accounts.

Controls & Compliance

• Ensure all treasury activities comply with internal controls, approval limits, and segregation of duties.

• Maintain complete audit trails and supporting documentation.

• Assist with KYC processes, bank mandates, and periodic bank reviews.

Internal & External Coordination

• Work closely with Trading, Finance, and Logistics teams to ensure timely settlement of trades.

• Communicate with external counterparties regarding payment confirmations and settlement details.

• Support treasury-related audits, administration, and ad-hoc reporting requirements.

Requirements

• Matric (essential).

• Bachelor’s degree in Accounting, Finance, or a related field.

• Minimum of 5 years’ experience in payments, banking, or treasury operations.

• Strong understanding of bank payment processes and cash controls.

• High attention to detail and strong organisational skills.

• Comfortable working with multiple currencies and tight deadlines.

• Proficient in Excel and accounting / ERP systems.

• Strong communication, escalation, and stakeholder management skills.

• High standard of integrity, professionalism, and ethical conduct.

Technical Skills

• Microsoft Office 365 with strong Excel capability.

• Teams and SharePoint.

• Exposure to Power BI and process automation (advantageous).

• Experience with PeopleSoft or a similar ERP system.

Values Fit

The organisation values individuals who demonstrate:

• Respect and inclusivity.

• Accountability and ownership.

• Passion and resilience.

• Collaboration and teamwork.

• A commitment to excellence.

• Agility in fast-paced, changing environments.

• Integrity in all professional conduct.