Treasury Controller at Sappi

As a Treasury Controller you will be responsible for:

Money Market

• Prepare the actual daily cash position and money market reports.
• Capture and settle money market deals in SAP.
• Process local payments for joint ventures and interest on banking systems.
• Maintain and update intercompany interest rate schedules.
• Maintain and update daily deposit/loan schedules.

Foreign Payments

• Prepare and execute payment runs for foreign transactions.
• Capture inward payments and global transfers.
• Record BOP (Balance of Payments) invoices in SAP.
• Initiate deals with Group Treasury and local banks.
• Prepare dealing sheets for transactions completed with Group Treasury.
• Capture and settle foreign exchange (FX) deals in SAP.
• Follow up and resolve bank-related queries.
• Update the Reserve Bank File accordingly.

 Export Proceeds

• Prepare weekly sales exposure reports.
• Allocate and account for export proceeds.
• Prepare journals for export proceeds and import settlements.
• Generate UCR (Unique Consignment Reference) numbers for banking purposes.

 Month-End

• Assist with the preparation and review of treasury month-end reports.
• Confirm outstanding deals with banks and mills.
• Confirm interest on overnight borrowings and deposits with banks.
• Prepare journals to reallocate bank charges.
• Process and review reports related to Ngodwana Energy.

Ad hoc duties

• Assist Shared Services with reconciliations and treasury-related queries.
• Perform filing and archiving of treasury documents.
• Complete and distribute daily Economic Indicators.
• Respond to treasury-related queries from banks and mills.
• Support the Treasurer and Treasury Manager as and when needed.

What are we looking for?

• Relevant tertiary advanced diploma/degree in Finance and Accounting or Treasury.
• A minimum of 2 – 3 years of experience in a finance role.
• General knowledge of the SAP system.
• Prior experience in banking or a similar role with exposure to money market, foreign exchange, and exchange control rules would be advantageous.