Process Specialist, Cash Management - Kempton Park at DSV

Main purpose of the Role 

The main purpose of the role is to ensure accurate cash forecasting takes place and that all payments are processed as per DSV policies and processes

Duties and Responsibilities 

• Loading, posting and matching of all Treasury and Bank Payments including AR Refunds. (Intercompany and Third-Party Payments) on the banking portal and financial system
• Complete daily and weekly cash flow forecasting – raising red flags when necessary 
• Completing petty cash reconciliations over month end, reimbursing petty cash as per approved float 
• Monthly bank reconciliations
• Complete funding within accounts (Inter-Transfers) 
• Investigate failed or returned payment by bank as well as unknown receipts that cannot be allocated on the system
• Ensure RSSC and all business units/countries are compliant with all local and global policies
• Accurate and on time month end reporting
• Ensure all online banking and cheque payments are captured in financial system (where RSSC is responsible for this) within 24 hours of making payment
• Ensure all treasury payments and receipts are captured in financial system (where RSSC is responsible for this) within 48 hours of making payment
• Ensure accurate matching of payment and receipts takes place
• Ensure all DSV Guarantees with banks and other institutions are valid and renewed/cancelled where needed
• Arranging signatures and submitting of Asset Based Finance Agreements as per requirements
• Reviewing of all facilities (overdrafts, guarantees, ABF, loans etc.) to ensure that sufficient limits are available
• Ensure that all manual/urgent payments are done within the agreed timeframes and all payments are compliant with the policy
• Processing of employee expenses, travel advances and credit card reconciliations
• Perform root cause analysis of any errors that occur on problem areas
• Perform and ad-hoc duties as required by immediate supervisor or management
• Exporting bank statements for month end reconciliations
• Communicate with Bank on any Queries, Issues that might arise
• Any other administrative tasks  
• Understanding different country requirements and currencies
• Support all other Process Specialists in AP and IC department
• Provide supporting documents and other for audit purposes.

Job-related Minimum Requirements

• Minimum of 2 years' experience in Cash Management/Treasury OR
• Minimum of 2 years' experience in creditors or in an operational finance role

Added Advantages

• Excellent communication skills
• Ability to work under pressure
• Highly organized and good time management skills
• High level of problem-solving skills – analytical ability
• Attention to detail
• Ability to work in a diverse team as well as be self-driven
• The ability to explain transactions using T-Accounts
• Basic understanding of Exchange control regulations in South Africa and Sub-Saharan Countries

Tertiary Qualification(s)

• Financial related qualification - advantageous

Computer Literacy - Advance 

• MS Word, Excel, Outlook

Additional Computer Skills 

• SAP ERP
• CargoWise1