Finance Manager: Banking and Treasury

Truworths; Cape Town; Sur place; ZAR 700 000 - 1 100 000; Plein temps

Résumé du poste

Truworths in Cape Town is seeking an experienced finance professional to oversee banking operations and treasury functions. Reporting to the Finance Manager, you will manage bank reconciliations, currency translations, and relationships with local and foreign banks, while leading a small team.

You will ensure month-end processes are completed on time, maintain policy compliance, and support audits and funding obligations.

Qualifications

• B.Comm or equivalent qualification.
• Experience in banking/treasury management.
• Experience in a finance retail environment.
• Experience in bank reconciliations, foreign currency translation and conversion, and bank queries.
• Management or supervisory experience.
• Strong computer skills: Excel, Outlook, Word; Oracle Financials; Business Online Africa.

Responsabilités

• Reconcile all company bank and GL accounts and report discrepancies.
• Ensure policies and procedures are followed by the banking team.
• Propose banking & treasury policy amendments.
• Incorporate new business developments into the daily reconciliation process.
• Liaise with IT Finance to ensure system effectiveness.
• Routinely liaise with local and foreign banks on treasury matters.
• Resolve queries within set timeframes.
• Meet Banking and Treasury KPIs.
• Provide succession and stand-in support.
• Coordinate with external/internal audit as required.
• Prepare daily cash flow forecasting and fund management actions.
• Ensure banking agreements are current and signed by management.
• Manage funding monthly requirements and accurate accounting of repayments.

Connaissances

Banking/treasury management

Retail finance experience

Bank reconciliations

Currency translation

Team leadership

Excel/Office proficiency

Oracle Financials

Business Online Africa

Formation

B.Comm or equivalent

Outils

Oracle Financials

Business Online Africa

Bank reconciliation system

Excel

Outlook

Word

Description du poste

We are looking for a detail orientated team player; who can meet multiple deadlines, problem solve, prioritise effectively, maintain calm and communicating effectively with the Finance Manager, the team, and external stakeholders (stores and banks), and manage all external relationships with service providers such as banks etc.

Reporting to the Finance Manager the primary responsibility of this role is to oversee the local and foreign banking operations, banking systems support, ensuring timely completion of banking month-end processes and staff management.

Key Responsibilities:

• Reporting to the Finance Manager, the primary responsibility is to ensure the reconciliation of all company bank and GL accounts and resolve/reporting all discrepancies.
• Ensure the correct policies and procedures are in place and being followed by the banking team in collecting documentation from stores with regards to queries/discrepancy resolution.
• Propose banking & treasury policy amendments/enhancements where applicable.
• Incorporate new business developments into the daily reconciliation process where relevant (new stores, new bank accounts, new acquisitions, new tender types).
• Ensure system effectiveness and efficiency, by liaising with IT Finance routinely to prioritise, and escape appropriately.
• Routinely liaise with local and foreign banks regarding banking & treasury matters.
• Ensure all queries are resolved within the permitted timeframes.
• Ensure all Banking and Treasury KPI`s are met.
• Assist the banking team with regards to succession and stand-in support, in the absence of any team members.
• Liaise with external and internal audit as required.
• Ensure accurate daily cash flow forecasting and efficient resulting investment/disinvestment and funding obligations are actioned meticulously daily.
• Ensure all banking agreements are current and signed by management.
• Manage funding monthly requirements, ensuring repayments/charges are actioned and accounted for correctly.
• Preparation of banking covenant calculations and submission of all required funding agreement requirements to the necessary institutions within the required time periods.
• Assisting in the secretarial duties for Investment Committee meetings.
• Ensure the completion and submission of all legislative documentary requirements to various institutions within required deadlines.
• Management of the head office petty cash function. Ensuring compliance with policy, updating policy as appropriate, spot checks and efficient office operation.
• Accurate & timely completion of the company cash flow forecast.

Qualifications and Experience:

• B.Comm or equivalent
• Experience in the banking/treasury management
• Experience in a finance retail environment
• Experience in general finance processes including, inter alia, bank reconciliations, foreign currency translation and conversion, bank card queries, resolving bank discrepancies etc.
• Management/supervisory experience, and working within a team dynamic.
• Very strong computer skills: Microsoft Office suite (Outlook, Excel, Word), Oracle Financials, Business Online, new Business Online (Africa) and an appropriate bank reconciliation system
• 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 with Local and Foreign Banking institutions and regulators.
• Ability to handle and resolve client queries accurately and timeously.
• Ability to co-ordinate banking month-end functions.
• Ability to work as part of team.
• Prioritise work appropriately.
• Ability to meet tight deadlines and work under pressure.

Truworths is committed to transformation and to providing equal employment opportunities in line with the Employment Equity Act.