Treasury Assistant at GIBB Engineering and Architecture

Key Performance Areas:

• Provide assistance with maintaining the company profile with the business banker.
• Maintain a register of the signatories on all bank accounts.
• Maintain a register of all bank accounts, credit – and petrol cards in the name of the company and ensure timeous replacement of expired cards. 
• Load and process all BST payment registers, COD and foreign payments on the internet banking profile and finalize the payment file for release by the signatories, ensuring that bank details and transaction values are accurate and that the creditors payment process is adhered to.
• Ensure all “EFT Payment” documentation are uploaded onto BST.
• Record all exchange rates at which foreign transactions take place and advise management of possible gains to be realized.
• Distribute remittances and proof of payments to administrators.
• Prepare bank reconciliations on a weekly basis, ensuring that reconciling items are cleared within 30 days.
• Prepare balance sheet reconciliations for all bank accounts on a monthly basis, ensuring that reconciling items are cleared within 30 days.
• Maintain a complete and accurate file for all transactions on each bank account.
• Prepare and distribute the daily bank balance listing.
• Inform branches of low branch account balances to avoid usage of overdraft facilities.
• Assist sectors timeously with performance bond, Reserve Bank approvals and hedging requests and maintain a register of each, ensuring that non-utilized bonds are cancelled, expired Reserve Bank approvals are applied for timeously and that hedging delivery dates are adhered to.
• Maintain a register and file of all debit orders, performance bonds, Reserve Bank approvals and forward exchange contracts.
• Prepare the investment template for approval by management as required.
• Benchmark interest rates on at least a bi-annual basis to ensure that the rate received on investments is optimal
• Review bank charges on a monthly basis for reason-ability and investigate big variances and possible savings
• Prepare reports and schedules related to Treasury
• Prepare and process all loan transactions on BST and reconcile monthly.
• Monthly reconciliation of all bank related income statement accounts.
• Perform any ad-hoc duties as required by immediate supervisor or management

Requirements

Job Requirements:

Qualifications:

• Matric

Experience:

• Minimum of 5 years’ working experience in a financial / bookkeeping / accounting environment
• Minimum of 2 years’ working experience in treasury
• Working knowledge of Microsoft Office