Job description
ROLE PURPOSE STATEMENT
Update, Process and Review Treasury accounting transactions to ensure accuracy and completeness of financial reports and prevent loss. KEY
ACCOUNTABILITIES/RESPONSIBILITIES
Post/Update the cashbooks with all treasury transactions promptly such as bank transfers, credit card refunds, salaries and bank charges, commissions to ensure accuracy, completeness and timeliness of financial record keeping and reporting
Reconcile main Treasury bank Accounts to ensure prompt follow up of all outstanding items so as to ensure accuracy of accounts and prevention of fraud and accurate financial reporting.
Prepare daily bank reconciliations, investigate and resolve/clear all reconciling items promptly in liason with and support of outstations, to detect and prevent fraud and ensure accurate financial reporting.
Reconcile Treasury General Ledger Accounts/suspense accounts monthly, investigate and clear all reconciling items promptly to ensure complete, accurate and timely reporting of the company accounts
Receive and post sales returns from outstations to ensure complete, accurate and timely record keeping and prevent loss by the Company.
Reviewing of intra-company & inter-bank transfer of funds, sales & purchase of currencies posted in the accounting system to ensure accuracy of the postings and ensure correct recording of the transactions.
Confirm that bank charges, commissions, levies and interest charged by banks and other institutions they are valid and process them into the accounts to ensure prompt, complete and accurate reporting of the company accounts
Prepare and post/key in all treasury journals in the system to ensure prompt, complete and accurate reporting of the company accounts
Initiate and follow up on bank account opening and closures as and when the need arises and follow up with the banks to ensure that the most up to date mandates are held and maintained – for efficient operations of the business and security of company funds.
Follow up with Outstations & Payables Accountants to ensure that all receipts and payments are promptly processed and posted in the system and all monies collected banked in time to ensure prompt, complete and accurate record keeping and to detect & prevent frauds.
Initiate and follow up bank confirmations for audit purposes to ensure compliance with statutory and audit requirements.
Performance Indicators
Timeliness and accuracy.
Statutory compliance
No repeat audit comments Competencies
Customer insight
Team player.
Results oriented
Personal Motivation
Critical thinking.
Knowledge And Skills
Business Degree graduate
CPA (K) or equivalent
Must be computer literate
Must have good people and leadership skills.
Experience
3 years experience in Finance department
