Treasury Accountant at KPMG

Job ID: 150672BR
Service Line: Finance & Accounting
Job Level: Associate / team member
Contract Type: Permanent
Full Time / Part Time : Full Time

Job Summary

• The Finance and Accounts team in KPMG Nigeria is responsible for recording, preparing and presentation of the financial report of the firm’s activities.
• The role – Responsible for all matters relating to cash management and cash disbursements

Specific Duties and Responsibilities

• Responsible for monitoring availability of funds, monitoring all bank balances and requesting funds transfers when necessary
• Responsible for preparing monthly and revised weekly cash forecasts
• Prepare monthly variance analyses of actual cash collection against forecast
• Responsible for processing investment of  idle funds with banks
• Responsible for preparing and maintaining schedule of interests on invested funds
• Responsible for maintaining proper records of investment certificates
• Liaison with banks on all cash and related matters
• Responsible for reviewing cheque vouchers
• Supervise daily cash count
• Responsible for preparing weekly bank position statement
• Calculates and advise on monthly internal exchange rate
• Responsible for conducting regular cash audit
• Supervise activities of Banking Officer

Backup Arrangement:

• The Payables Accountant will take up all the duties and responsibilities of the Treasury Accountant when absent.

Job Requirements
Education:

• B.Sc. in Accounting or its equivalent
• Should possess ACA cetification

Experience:

• 3-5 years of relevant experience

Skills:

• Strong appreciation of treasury and cash management including cash forecasting, loans, investment, etc
• Good appreciation of the Nigerian capital and money markets
• Accounting skills
• Strong business acumen and ability to recognise and take advantage of opportunities
• Strong negotiation and persuading skills
• Strong analytical and problem-solving skills
• Strong business ethics and high level of integrity
• Knowledge of basic information technology/Microsoft office tool
• Supervisory skills
• Strong communication and interpersonal skills
• Strong networking and relationship management skills

Key Performance Indicators

• Timeliness and completeness of cash forecast - every second working day of every month for monthly and by 10am of every Monday for the weekly forecast
• Timely release of weekly Bank Position – not later than 12noon of following Monday
• Fraud-free, error free petty cash management/recording system – zero tolerance
• Proactive in advising the Director of Finance to place idle funds
• Effective supervision of the Banking Officer measured by zero loss of cash.