SUMMARY:
-
POSITION INFO:
A leading organisation is seeking an experienced Officer: Accounts Services – Bank & Cash to join its finance team on a 6-month contract. The successful candidate will be responsible for executing daily bank and cash activities with a strong focus on accuracy, governance, internal controls, and adherence to accounting standards and deadlines.
Key Responsibilities:
• Prepare and manage daily cash flow reports, ensuring submission within agreed timelines.
• Execute daily cashier activities, ensuring payments, urgent requests, and early payments are processed timeously.
• Download and post bank statements into SAP daily.
• Monitor and compare daily cash balances, investigating and reporting any deviations or discrepancies.
• Process financial transactions to the General Ledger (GL).
• Prepare weekly and monthly bank reconciliations for review by comparing bank statements to accounting records.
• Follow up on reconciliation items, unallocated deposits, and outstanding bank account transactions.
• Review bank charges and escalate incorrect charges for resolution.
• Ensure compliance with governance standards, internal controls, and accounting procedures.
• Prepare GL reconciliations, journals, and year-end disclosure support documentation.
• Maintain proper filing and backup of financial records and supporting documents.
• Log and follow up on bank rejections within required turnaround times.
• Manage petty cash administration and ensure all supporting documentation is accurately captured and uploaded to SAP.
Minimum Requirements:
• High School qualification with Accounting or School Diploma / equivalent qualification.
• Minimum 3 years’ relevant experience within a bank and cash, treasury, accounts payable, or finance environment.
• Experience working on SAP is essential.
• Strong understanding of bank reconciliations, cash flow, GL processing, and accounting controls.
• Exposure to governance frameworks, internal controls, and accounting standards is advantageous.
