This position will be responsible for accurate and timely reconciliation of cash inflows and outflows for the Old Mutual General Insurance Ltd. The officer will take reasonable steps to enforce controls to ensure that company financial assets are safeguarded. This position is also critical in providing accurate data for the preparation of annual financial statements, Monthly management accounts and for financial audits purpose.
KEY TASKS AND RESPONSIBILITIES
Preparation of daily cash flow report by ensuring timely funding of payout accounts, optimization of current account balances
Preparation of monthly and weekly cash flow reports
Prepare efficient reports to support long-term and short-term placement decision making e.g., daily treasury reports, cashflow statements.
Front office receipting and issuance of receipts to walk-in clients for cheques, EFT’s, MPESA, and swiped payments.
Preparation of weekly Treasury receipting report
Preparation of monthly bank reconciliations and follow up on reconciling items for the assigned accounts
Receipting of cheques received and ensuring they are banked on time.
Receipting of bank transactions into the reporting system
Aiding and facilitating automation capabilities on receipting.
Weekly reporting to the Treasury team leader and the credit control committee on the unreceipted items per bank statement.
Management of unallocated ledger balance
Monthly reconciliation of assigned general ledger accounts
Preparation and posting of monthly foreign currency cash & bank revaluation journals
Daily verification of MPESA integrations against the bank statements and posting to the general ledger
Monthly treasury ledgers balance sheet substantiation and attestation
Daily bank statement downloads and preparation of cash transactions reports to ensure AML Compliance.
Identification, uploading, monitoring, and updating of risk and risk events identified in treasury day to day operations
Maintain and update signatories’ mandate structure as per the updated board resolutions
Manage banking Relationships
Facilitate internal and external audits activities.
Any other duties that may be allocated by management from time to time.
Apply via :
oldmutual.wd3.myworkdayjobs.com
