SUMMARY:
To manage and monitor daily cash management transactions, reports cash operation activities and supp
POSITION INFO:
Treasury Controller
Finance
Accountable for quality, standards, service and desired outputs within inter-related functional areas of responsibility. May be responsible for work of others.
Job Purpose
To manage and monitor daily cash management transactions, reports cash operation activities and supports borrowing/investment transactions. Ensures liquidity and prepares cash flow projections. Additional responsibilities include assisting in the development of bank relationships, determination of investment & and anticipation of short-term borrowing needs. Responsible for liquidity management, including in-house banking and providing payment support, as applicable. Assesses the products, services, technologies and systems that are available and appropriate for the Bevco Treasury department. Oversees all aspects of the company's financial risk exposures including interest rate risk and foreign currency risk
Key Accountabilities and Outputs
Treasury Control
• Performs daily corporate cash management activities.
• Monitors and manages company's daily cash position.
• Responsible for reporting daily cash balances available
• Manages, maintains and administers bank relationships and reports, bank information or scorecards.
• Recommends and implements improvements to current cash management processes
• Perform transactions and resolve errors
• Anticipates short-term borrowing needs and communicates them to Management
• Conducts borrowing and investing analyses
• Gathers, interprets, and prepares cash flow projections recommendations to Management
• Ensures adequate liquidity
• Executes funds movement internally with the various bank accounts
• Resolves foreign exchange (FX) currency issues in terms of settlement of delivery.
• Implements cash management systems and trains staff on those systems.
• Identify risk management controls and take appropriate mitigation.
• Tracks and resolves payroll exceptions.
• Maintains all inflow/outflow schedules for forecasting.
• Acts as an expert advisor on banking issues for the business units and other corporate functional areas.
• Ensures compliance with FIAS, anti-money laundering regulations, and other rules governing cash transactions and banking.
• Interfaces with accounting for bank general ledger upload, journal entry differences and general troubleshooting.
Adherence to the health, safety and environmental standards
• Ensure adherence to site safety standards as head of Safety, Health and Environmental Committee
• Ensure compliance to all relevant legislation
General
• Conversant with relevant business information, policies, processes and procedures
• Maintains expected performance standards
• While Job Descriptions are written up for the purpose of a basic outline of the work and responsibilities associated with the Job, the Company encourages and expects all employees from time to time, to assist with work that may not be a direct part of their job description.
Additional Region-Specific Accountabilities and Outputs
Qualifications and Experience
• Bachelors Degree (3 years) / NQF level 7 (Essential)
• Upto 5 years experience (Operational) FMCG, relevant experience in Corporate Finance and familiarity with Treasury Operations
• MS Excel, SAP
Key Qualities
Critical Success Factors
• Solid understanding of financial analysis and statistics
• Familiarity with cash/bank management systems, Treasury Management Systems (TMS)
• Knowledge of MS Office including Excel and Word
• Knowledge of appropriate accounting and financial software pr
Communication
• Detailed e-mail, fax or mail correspondence
Problem Solving
• Proactive identification of functional problems related to a specific process or policy, determine cause and impact, and choose the best alternative to solve the problem based on guidelines provided and an understanding of the theory or practices underpinning the problem.
Relationships Maintained
• Others in own work area
Behavioural Competencies
Accountability
• Accomplishes assigned tasks and goals: takes necessary actions to keep progress against objectives on track.
• Prepares a roadmap for success.
• Ensures that all who need to know, are clear about the plan.
• Takes full responsibility for own actions and outcomes, including mistakes.
• Always acts in the company's best interest, regardless of whether it is difficult or unpopular.
• Ensures others are on track for achieving their goals.
Planning and Organising
• Manages time effectively, ensuring effective completion of tasks under stressful deadlines.
• Able to prioritise activities and resources, ensuring that results are achieved effectively.
• Able to evaluate progress and make appropriate adjustments to initial plans, ensuring a successful outcome.
Analytical Thinking
• Able to take a complex task and breaking it down into manageable parts in a logical, detailed way.
• Thinks of multiple explanations or alternatives to a problem
• Able to identify the information needed to solve a problem effectively
• Performs tasks accurately and thoroughly, making adjustments to ensure needs are met
• Considers business priorities when making decisions or analysing the costs and benefits of various alternative solutions.
Verbal Communication
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