Financial Analyst – Treasury and General Ledger

Job Title Financial Analyst – Treasury and General Ledger Location Selby - Johannesburg, GP 2001 ZA (Primary)
Occupational Level Skilled Job Category Finance Job Type Fixed Period Description

PURPOSE

As a Financial Analyst: Treasury and General ledger you are required to / responsible for

Supporting the organization’s financial operations by assisting in key accounting and treasury activities. This includes supporting general ledger processes, cash management, liquidity tracking, and day-to-day treasury operations. The role is responsible for ensuring that financial transactions are accurately recorded, financial resources are efficiently managed, and compliance with relevant accounting standards and internal controls is maintained.

The ideal candidate will have strong analytical skills, attention to detail, and a solid understanding of accounting and financial principles.

You will engage with the following stakeholders:

External
Suppliers
Financial Institution. (Local and International)
Customers

Internal
Business Unit Managers

Your key responsibilities include:

Cash Management
Assist with executing daily cash management operations, including reconciliations and fund transfers.
Maintain accurate records of all financial transactions and ensure compliance with regulatory requirements.
Importing bank data
Update Cash Flow Dashboard
Update the Cash Report Dashboard daily
Assist with bank Account maintenance.
Establish connectivity of new accounts
Admin queries - provide support requested for transactions/bank statements

Investments
Assist to re-allocated excess funds from current to call accounts on a regular basis.
Ensure funds are available in current accounts when payments are made.
Assist to maintain investments as per investment policy.
Assist to compile cash forecasts to assist with investment decisions.

Bank Administration
Assist in opening and closing off bank accounts.
Updating of signature on bank profiles
Assist with uploading banking details on the banking platform
Loading Banking details on the banking platform

Banking Relationships
Developing and maintaining relationships with banks and financial institutions
Assist with managing any communication with the banks.

Forex management
Update the foreign exchange rates daily on the ERP.
Review travel motivation and compile Forex order.
Maintaining the forex exchange analysis report
Explore ways to manage forex
Identify risks from currency fluctuations that could impact the BankservAfrica
Prepare reports on forex positions and risk exposures.

General Ledger
Processing monthly journals
Revaluations for Forex
Advance and Prepayment Journals
Closing Journals (AP/AR clearing and VAT clearing)
Assist with finance Income Analysis
Assist with updating balance sheet reconciliations
Assist with compilation of Asset register reconciliation.
Assist with compilation of Fixed and Intangible Asset reconciliation
Review bank charges monthly for reasonability and investigate variances and possible savings
Assist in ensuring accuracy and integrity of financial records

Credit card management
Review of credit card listing to ensure that credit cards listing is complete and accurate
Credit card applications
Increase/Decrease of limits
Cancellation of credit cards

Audit Interim and Year End
Working with the external/internal auditors
Schedules and Reports and Analysis
Submitting of all approved bank recons
Assist with the audit requests.
Assist with proving all required documents for Audit

Compliance and Risk
Assist in the development and implementation of treasury policies and procedures.
Collaborate with internal teams to optimize liquidity and mitigate financial risks.
Policies and procedures: Provide input into relevant policies and procedures.
Compliance: Comply with relevant policies & procedures, regulation, and legislation
Risk: Identify and escalate risks appropriately
KYC done on a yearly basis.
Ensuring that the internal control environment for Cash management is sound.
Making improvements to processes.

Perform any ad-hoc duties as required by immediate supervisor or management.

QUALIFICATIONS / KNOWLEDGE

Bcom degree in, Finance, or a related field
Required computer literacy levels.
Microsoft Suite
Accpac an advantage

EXPERIENCE

3 to 5 years in Finance environment

At BankservAfrica we don’t see diversity as a problem to solve but rather as an asset that we can leverage to build a robust diverse community. We are deliberate about our approach and have an employment equity plan which we adhere to, we consider differently abled people as part of our diverse community and welcome their applications. Post the COVID 19 pandemic we offer flexible working arrangements for certain of our positions and encourage you to look at our comprehensive flexible working policy.