Administrator Cashbook at Premier FMCG (Pty) Ltd

Qualification Requirements

• Tertiary level diploma or equivalent with Bookkeeping/Accounting - Essential
• Degree in Finance, Accounting or a related field – Desirable
• Further certifications or courses related to cash management, financial analysis, or accounting practices

Experience Requirements

• Cash book clerk work experience in high volume environment
• Working knowledge of General ledger and Balance Sheet reconciliations
• Working knowledge of online banking

Key Outputs

Responsibilities:

To compile Cash Flow Forecasting and Analysis by:

• Updating cash flow forecast schedules for future month's creditors, debtors, procurement, and payroll forecasts as well as actuals from previous day bank statements daily
• optimising Money Market Accounts to maintain liquidity and meet obligations
• tracking cash flow forecasts against actuals to improve accuracy of assumptions applied
• Providing critical insights for effective financial planning.

To support Accurate Cash Reconciliation:

• ensuring timely and precise reconciliation of Head Office cash books to bank statements on a daily basis

To ensure accurate balance sheet by:

• Processing all transactions within monthly timelines
• Preparing related General Ledger bank reconciliations
• Assisting in ensuring accurate allocation of trade receivables deposits by collaborating with the credit controllers' team
• Following up on unclaimed deposits, and
• Ensuring reconciliation of all related clearing accounts on the General Ledger.
• To support business continuity through Bank Account Management by
• Functioning as the primary liaison with banks for the initiation, maintenance, and closure of bank accounts
• Addressing related queries promptly to ensure efficient banking operations
• Timely escalation and resolution of issues to the Group Financial Manager

To maintain the integrity of financial information pertaining to Accounts Payable Compliance and Review by:

• Reviewing purchase orders within delegated approval limits for correct cost allocations in the general ledger
• Verifying appropriate signatures in accordance with Premier's policies before approval in the system.

To foster internal Customer Satisfaction and process excellence:

• Building sound working relationships with other departments in the Corporate Office
• Providing support and guidance on day-to-day financial queries thereby enhancing the overall quality of financial inputs and accurate financial reporting