Treasury Officer at Rovedana

Job Summary

• The Treasury Officer manages the platform for payments, ensures cost effective fund management and maintains good working relationships with the company’s bankers, insurance companies and regulatory authorities

Job Description

• Ensure smooth running of payment processes; Account opening requirements and internet banking requirements.
• Monitor transactions to ensure compliance with financial policies and procedures
• Oversee insurance activities and manage relationships with insurers.
• Prepare and remits source deductions and payroll tax
• Issue cheques for all accounts due, invoice and reconcile accounts receivables and payables
• Monitor and ensure compliance within treasury function
• Negotiate and secure funding for the company’s working capital at the best rates
• Manage the company’s cash flow and payment system
• Optimize utilization of available funds
• Assist to coordinate the company’s borrowing activities with banks and other financial institutions.
• Advice on investment options of excess cash on deposits to generate interest income for the company
• Maintain good working relationship with the officers the Company Bankers
• Maintain good working relationship with the officers of the Company Insurance Companies
• Ensure prompt rendition of daily treasury reports for the preparation of group account
• Daily review banks’ balances and position for management daily decision making.
• Prepare and present periodic or ad-hoc reports as required, to support management decision making
• Prepare monthly analysis and reconciliation of PPPRA Receivables, PEF / Admin Charge.

Job Requirements

• A first degree (minimum of second class lower) in Business, Finance, Accounting, Economics or a related course
• Professional accounting qualification e.g. ICAN, ACCA, with understanding of IFRS principles is preferred.
• 2-3 years’ experience in accounts payable & receivables, and general ledger accounting
• Two years’ experience with data entry on ERP
• Knowledge of accounting principles, practice and procedures
• Knowledge of stock valuation, cost and management accounting
• Financial reporting & analysis
• Accounts reconciliation and closing procedures
• Advanced Microsoft Excel (data manipulation, advanced formulas, pivot tables, v-lookups etc.). Proficient with other Microsoft Office applications (Outlook, PowerPoint, Word) Behavioural