Finance Clerk: Banking

Truworths; Cape Town; On-site; ZAR 250,000 - 380,000; Full time

Job summary

Truworths in Cape Town seeks an adetail oriented finance professional to manage bank reconciliations and related processes. You will ensure timely resolution of discrepancies and maintain robust documentation while collaborating with the Finance Banking Manager and external stakeholders.

Ideal candidates have Matric with solid experience, strong Excel/Oracle Financials, and the ability to prioritise under deadlines in a retail finance environment.

Qualifications

• Matric plus solid work experience.
• Post-matric qualifications would be advantageous.
• Experience in a finance retail environment advantageous.
• Experience in general finance processes including bank reconciliations, foreign currency translation and conversion, bank card queries and resolving bank discrepancies.
• Very strong computer skills: Microsoft Office suite (Outlook, Excel, Word), Oracle Financials, Business Online, new Business Online (Africa) and an appropriate bank reconciliation system.

Responsibilities

• Reporting to the Finance Banking Manager, reconcile all company bank and GL accounts within the stipulated time period and report/disclose discrepancies.
• Ensure policies, procedures and timelines are followed when collecting documentation from stores for queries and discrepancies.
• Incorporate new business developments into the daily reconciliation process (new stores, new bank accounts, acquisitions, new tender types).
• Liaise with local and foreign banks regarding charges and cash banking queries.
• Ensure all queries are resolved within permitted timeframes and KPIs are achieved.
• Assist the banking team with stand-in support when others are unavailable and liaise with internal/external audit as required.

Job description

We are looking for adetail orientated team player; who can meet multiple deadlines, problem-solve, prioritise effectively, maintain calm and communicate effectively with the Finance manager, the team and external stakeholders.

Key Responsibilities

• Reporting to the Finance Banking Manager, the primary responsibility is to ensure the reconciliation of all company bank and GL accounts in the stipulated time period. And resolve/report on all resulting discrepancies
• Ensure the correct policies and procedures and timelines are followed when collecting documentation from stores with regards to queries/discrepancies
• Incorporate new business developments into the daily reconciliation process where relevant (new stores, new bank accounts, and new acquisitions, new tender types)
• Liaise with local and foreign banks regarding charges and cash banking queries
• Ensure all queries are resolved within the permitted timeframes
• Ensure all KPI`s are achieved
• Assist the banking team with regards to stand-in support, in the absence of any team members
• Liaise with external and internal audit as require

Qualifications and Experience

QUALIFICATIONS

• Matric plus solid work experience
• Post-matric qualifications would be advantageous

EXPERIENCE / KNOWLEDGE

• Experience in a finance retail environment advantageous
• Experience in general finance processes including, inter alia, bank reconciliations, foreign currency translation and conversion, bank card queries, resolving bank discrepancies etc.
• Very strong computer skills: Microsoft Office suite (Outlook, Excel, Word), Oracle Financials, Business Online, new Business Online (Africa) and an appropriate bank reconciliation system

TECHNICAL

• Reconciliation of bank accounts across multiple organisations
• Very strong computer skills: Microsoft Office suite (Outlook, Excel, Word), Oracle Financials, Business Online, new Business Online (Africa) and an appropriate bank reconciliation system
• Ability to interact confidently with superiors and customers
• Ability to liaise effectively with Local and Foreign Banking institutions and regulators
• Ability to handle and resolve client queries accurately and timeously
• Ability to co-ordinate and complete banking month-end functions
• Ability to work as part of team
• Prioritize work appropriately
• Ability to meet to tight deadlines/work under pressure

BEHAVIOURAL

• Self-starter self-motivated and self-managed