Treasury and Group Finance Assistant; CH

Our client, an established investment holding company headquartered in Stellenbosch, is seeking to appoint a Treasury and Group Finance Assistant to join their team.

Purpose of the role:

• This is a combined Treasury and Group finance role profile with the working hours being split 60/40 to Treasury and Group Finance respectively.
• To assist the Treasury Manager in managing all aspects of t h e Treasury department as prescribed in the treasury mandate of the company.
• To facilitate group companies’ financial markets requests within individual mandates to ensure optimal returns on dealings within the financial markets.
• To assist the Group Finance department with accurate recording of transactions and other ad hoc tasks.

Requirements

Qualifications & Certifications

• A
  
  B.Comm degree with financial accounting as a major subject.
• Registration as a Professional Accountant (SA) with SAIPA,CIMA or SAICA.
• As the incumbent will be required to take instructions from clients and give instructions to financial institutions, it is required that the incumbent is a registered representative for certain related Treasury products (being the RE5 certification).
• RE5 Registration:
  The incumbent should either have the RE5 certification or be willing to successfully obtain it during an agreed period and work under supervision.

Experience

• At least 2 years’ experience in the financial services industry (Very beneficial)

Technical Skills

• Computer skills are essential and excellent knowledge of Outlook / Excel / Word is required. The jobholder must be willing to master the use of new accounting and reporting software products.

Soft Skills

• Excellent interpersonal skills are essential.
• Quick and effective decision-making.
• Ability to communicate well (verbal and written) is required.
• Strong sense of being organised.
• Numerical skills are essential.
• Attention to detail, completeness and accuracy is of cardinal importance
  • Perseverance to complete challenging tasks
• Walk the extra mile to be of service..

Key Responsibilities

Treasury department

• Liaise daily with financial institutions, gaining market knowledge/experience, build relationships – enabling companies to invest/disinvest financial products to the advantage of the group as a whole.
• Administrate daily transactions timely, accurately and in coherence to mandates that are in place with group companies, to ensure professional service.
• Responsible for input into the treasury system (IT2) ensuring correct reporting.
• Responsible for various reports with economic information pulled from financial platforms, reaching all receiving parties accurate and in time, daily, weekly and monthly.
• Interest reconciliation of all clients’ investment accounts, on a monthly basis.
• Compile a monthly report of relevant financial institutions’ credit ratings.
• Co-responsible for all the filing (electronically only) of Treasury department.
• Assist with the FICA process of Treasury clients.
• Ensuring the Treasury mandates of the clients correlates with IT2 and changes are made.
• Coordinate and drive projects identified to automate and streamline processes, using Power Apps or Power BI in conjunction with the rest of the treasury team.
• Review and recommend updates to identified Policies & Procedures, control documents, standard operating procedures (SOP’s) and Best Practices documents to keep it relevant and up to date with legislation.
• Any other tasks that may arise due to the continuously changing needs and requirements from the Treasury department stakeholders.

Group Finance department:

• Liaise on a daily basis with colleagues, line manager, the secretarial department of the company, etc to ensure complete and accurate accounting of all transactions
• Cash flow monitoring, creditor payments and bank reconciliations
• Maintain outstanding debtor records and follow up payments
• Other ad hoc tasks may include but are not limited to, Maintaining fixed asset register, VAT and income tax calculations etc

Working Environment

• The role is onsite at the Stellenbosch office.
• Daily work is time-sensitive and deadline-driven with high responsibility.
• Interactions include both internal finance departments and external financial institutions.
• Occasional…