Job Description
The roll purpose of the Treasury Officer includes but not limited to carrying out daily inflow booking activities, dealing with banks, loan booking/liquidations and bank reconciliation.
Responsibilities Major responsibilities include but are not limited to:
Daily review of various banks statements for inflows, loan maturities
Coordinate with receivable team to arrange payment remittances and booking of inflow
Adjustment of WHT deductions in receivables and movement from AP to TD.
Collecting the cheques from clients and allocating to the Banks according to loan obligations
Dealing with the banks for booking of loans/liquidations of loans/fund transfers
Responsible for maintaining updated Bank Reconciliations of Current Accounts, Loan accounts, Dom accounts and sub accounts.
Analyze and recording of interest, bank charges, COT, Form M charges, offshore charges ,Telex charges in the system and liaison with bank for any irregularities
Follow up with Banks for loan schedules, telexes, payment confirmations
Maintaining the loan reports, checking of provisions accounts i.e LC Commission, USD loan provisions
Responsible for inter account funding so that payment to Port, Shipping lines, Terminal can be made without delay.
Assisting team on monthly Bank reconciliation reporting and various other MIS
Requirements The ideal candidate must meet the following: Qualifications & Training:
A first Degree in a Computer or Business related discipline, but a finance related degree is desirable
A professional accounting qualification (ACA, CPA, ACCA)
Four to seven years’ experience in Financial accounting with strong focus on reconciliation in an FMCG environment
Knowledge, Skills & Experience:
Generally Accepted Accounting Principles (GAAP)
Should have experience on bank reconciliations
Sound knowledge of Account and Finance
Well versed with OD Interest calculation and various other bank charges
Should have experience in dealing with banks
Knowledge of Letter of Credits and related transactions dynamics
Should be good in Microsoft office and have worked in ERP environment
Good Interpersonal and communication skills with the ability to communicate and resolve issues
Key Success Factors:
Should be hard working and have positive and learning attitude
Able to work in a fast moving and sometimes stressful environment
Working Relationships:
Has to maintain a good working relationship internally i.e. various departments of the organization and externally i.e. Banks.
Apply via :
workable.com
