Senior Cash Administrator at Mukuru

The main purpose of this role is to oversee the processing of foreign currency orders managing the cash administration process of buying and selling foreign currencies in order to maintain branch stock levels, as well as coordinate the issuing of safe and session passwords.

The Senior Cash Administrator reports directly to the Head of Branches. This position is responsible for ensuring that the various branch locations have sufficient stock levels by creating orders timeously. The Senior Cash Administrator is responsible for issuing safe codes and session passwords to the various branches.

Internal Liaison takes place with Finance and branch staff. External liaison takes place with all 3rd parties.

Duties And Responsibilities (Include But Is Not Limited To)

• Manage the coordination of the collection of stock from Mukuru branches in Gauteng with CIT Check the accuracy of stock by counting the cash and ensure it matches the order
• Process and receive the stock into the system
• Contact the bank and book rates when required and negotiate for better rates
• Create invoices for orders
• Coordinate courier order numbers for the delivery of stock to the Gauteng branches
• Confirm the money has been received in own bank account, resolve issues if not reflecting
• Monitor the stock levels in the branches daily on system
• Check all currencies and give instruction to bank as required
• If insufficient, arrange for CIT to collect and drop off stock
• Ensure all forms and transactions are accurately prepared and completed
• Process required actions when a transaction needs to be cancelled
• Get forwarded confirmation from other party for cancellation then issue password
• Record all information into spreadsheet
• Issue password for banking to branches
• Issue passwords for EFTs
• Ensure passwords are only given to authorised staff
• Action requests for safe codes
• Ensure codes are only issued to authorised staff
• Accurately load Telegraphic Transfers
• Load beneficiaries for TT's
• Monitor individual cash administrator/s performance
• Hold monthly progress discussion with team members
• Coach and mentor staff when required
• Ensure adherence to HC and ER policies (including leave approvals, etc.)
• Ensure all staff attend required training courses for new products and all quizzes are completed
• Attend bi-annual performance meeting with Head of Branches Attend all required training courses for new products
• Complete all required compliance training and assignments
• Maintain current knowledge of branch products, principles and industry trends

Key Requirements

• Grade 12 or equivalent (Essential)
• 3 years’ experience as a Teller (Essential)
• 2 – 3 years managerial or supervisory experience (Essential)
• Knowledge of foreign exchange
• Knowledge of exchange control regulations
• Knowledge of FICA regulations
• Knowledge of money laundering
• Knowledge of reserve bank regulations
• Knowledge of TT’s

Additional Skills

• People Management skills
• Multitasking skills
• Computer skills
• Typing skills
• Telephone skills
• Verbal communication skills
• Time management skills
• Organisational & administrative skills
• Attention to detail