Treasurer and Banker – SSTB

Armstrong Appointments; Durban; On-site; ZAR 600,000 - 900,000; Full time

Job summary

Armstrong Appointments seeks a Treasurer & Banker to join its finance team in Durban. The role requires a Bachelor’s or diploma in Finance/Accounting with at least 3 years of treasury or banking experience, strong Excel skills, and a solid grasp of cash flow management and banking processes.

You will manage multiple bank accounts, perform reconciliations, and prepare cash flow forecasts while ensuring accurate recording of transactions and timely payments.

Qualifications

• Bachelor’s degree or diploma in Finance, Accounting, Economics, Business Management, or a related field.
• Experience in treasury, banking or financial management preferred.
• Strong Excel and accounting knowledge required.

Responsibilities

• Recording and capturing transactions from bank statements into the accounting system.
• Matching and allocations of accounts receivables receipts and accounts payables payment.
• Cashbook processing, management and reconciliations.
• Preparation of 3-month cashflow forecast and daily tracking.
• Manage cash transfers between bank accounts.
• Identify potential cash shortfalls or surpluses and recommend appropriate actions.
• Optimize the use of available cash while maintaining liquidity reserves.
• Monitor interest earned on surplus cash and interest paid on borrowings.

Skills

Treasury management

Banking processes

Cash flow management

Multi-bank accounts

Excel

Accounting principles

Journal processing

Bank reconciliations

Attention to detail

Communication skills

Deadline-driven

Independent and team work

Computers literate

Education

Bachelor’s degree or diploma in Finance/Accounting

Tools

MDA Property Management System

Build smart

Sage Pastel

Job description

Main job function

Our reputable client is currently recruiting for Treasurer & Banker to join our finance team.

Qualification

• Bachelor’s degree or diploma in Finance, Accounting, Economics, Business Management, or a related field.

Experience and skills

• Minimum 3 years work experience
• Relevant experience in treasury, banking or financial management.
• Strong understanding of cash-flow management and banking processes.
• Experience managing multiple bank accounts
• Strong Excel skills.
• Good understanding of accounting and financial reporting principles.
• Experience in processing journals, cashbook, performing bank reconciliations
• Attention to detail and accuracy
• Must be able to work under pressure
• Excellent communication skills
• Deadline Driven
• Must work well independently and within a team
• Computer Literate

Key deliverables:

• Recording and capturing transactions from bank statements into the accounting system
• Matching and allocations of accounts receivables receipts and accounts payables payment
• Cashbook processing, management and reconciliations
• Preparation of 3-month cashflow forecast and daily tracking
• Manage cash transfers between bank accounts
• Identify potential cash shortfalls or surpluses and recommend appropriate actions.
• Optimize the use of available cash while maintaining appropriate liquidity reserves.
• Monitor interest earned in surplus cash and interest paid on borrowings.
• Maintain strong working relationships with commercial banks, lenders, and other financial institutions
• Act as the primary finance contact for banking matters.
• Manage bank account openings, closures, mandates, signatories, and administration.
• Oversee the company’s payment processes and banking platforms.
• Ensure payments are made accurately, on time, and in accordance with approved authorization procedures.
• Review payment batches and supporting documentation before release.
• Monitor electronic banking access, user permissions, and security controls.

The company utilises the following software in its operations:
MDA Property Management System, Build smart & Sage Pastel