Treasury Analyst Assistant

SUMMARY:
Treasury - Sandton

Job Summary
Provide support with all aspects relating to Treasury for domestic and foreign currency Cash Management for Subsidiaries

POSITION INFO:
Experiential And Educational Requirements                          

• • Treasury Diploma and a plus if the person is busy or has a BCom (In Finance) / Banking degree               
  • More than 3 Years Bank and / or Corporate - Middle and Back-office Treasury Experience
  • FEC and Exchange Control experience is essential and a plus if the person has Letters of Credit and Operations experience.                              
  • Basic knowledge of Economic Impacts, Domestic and foreign markets
  • Intermediate Computer Literacy (MS Office, Excel a must and SAP).                                                             
  • Banking electronic platforms (Corporate; SWIFT, TMS, SAP, Kyriba) (a plus))

• Domestic Cash Management
  • Upload new Vendors into Banking platforms 
  • Upload payment runs [Electronic platform and Kyriba]                                                                          
  • Manually capture funding requirements [Electronic platform] / Release on Kyriba [As and when requested]                              
  • Save proof of payments               
  • Upload Monthly Salary files into Banking Online portal [As and when requested]
• Foreign Currency Cash Management               
  • Daily rates, Forward points - Ensure submission to business, timeously and accurately [As and when needed]                              
  • Exchange Control
  • Ensure exchange control compliance for all FX deals traded outward payments, before submitting for trading.                                             
• Newly Established FX deals
  • Access and reconcile all Forex deals submitted from business, before submission for trading.               
  • Reconcile externals deals against - deal blotter and Broadridge [All companies]
  • Save copies of bank Confirmation to nominated folder per trade date
  • Submit all newly established FEC's for hedging and ensure full allocations
  • Ensure all maturing deals under your profile is managed daily [Paid; converted; ext.; e/d; surr]            
  • Manage daily Forex positions                               
• Foreign payments
  • Upload new Vendors into Banking platforms and TMS                                                                
  • Process, check, validate and create all foreign payments for AMS by required cut-off times
  • Update Payment schedule [Until automated]               
  • Submit utilisation of Exchange Control to Treasury's EXCON Officer                                                               
  • Save proof of payments which is not in the automated solution                                                      
  • Ensure all payments are released and if documentation is to be submitted to the bank before cut-off time                                             
  • Foreign Currency receipts               
  • Each line item in the CFC account is to be converted within defined lead days (7 working days of been cleared)                              
  • Capture conversions on Banking platform                                                            
• Maturing FX deals
  • Update, manage and reconcile Bank register, FEC's and Payment and receipt schedules         
  • Manage, capturing, and reconcile External and Internal deals on TMS.
  • Management of maturing FEC, which offset against foreign loans and interest.
  • Process of journals for cost recovery of foreign currency interest.                                                                                         
• Ad-Hoc Processes
  • Audit deliverables               
  • Administrate on a banking platform/s [Standard Bank | Citibank]                                                                      
  • Any other duty Treasury related that maybe required on an ad-hock basis.
  • Audit deliverables
  • Back-up for all Treasury team members.                      
  • Back-up Treasury Administrator / Treasury Analyst Assistant                                                                        
  • Compile and investigate information as required        
  • Foreign Currency trading [As and when required]       
  • Foreign Currency requests from Business                     
  • Support on TMS
• Daily Reporting
  • Bank register - Maturing foreign exchange deals         
  • Monitor FEC deals not Validated, not Authorised and not Allocated - Exception reports
• Monthly Reporting
  • Compile and analyse Lead days report, submit to Management for checking and then to business for review                                             
  • Compile, reconcile and submit Market to Market        
  • Complete all required reports on a monthly item requested and specified by management
  • Reconciliation of Unallocated Exception report monthly / using the dealing blotter as main tool               
• Quarterly Reporting        
  • HFM reporting (Position, Spot [Foreign], loans [Foreign], Forex)