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Treasurer

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A great opportunity has become available for a suitably qualified and experienced individual to join our Finance Team, based in Cape Town as Treasurer. The main purpose of the role is to ensure all accounts are pre-funded in the most efficient manner to ensure the effective running of the operation and to ensure that there are sufficient balances available for 3rd party products.  The Treasurer needs to ensure that payments are captured timeously and accurately on company-based systems.

The Treasurer reports directly to the Group Treasury Manager. This individual is responsible for constantly monitoring the accounts and ensuring all accounts are sufficiently pre-funded. The individual is responsible for reconciling daily and monthly transactions with partners on company-based systems and fully investigating any queries that may arise.

Internal Liaison takes place with the Accounts team. External liaison takes place with all external Pay-Out partners.

Duties and responsibilities (includes but is not limited to):

  • To ensure all accounts are pre-funded in the most efficient way while balances the risks of over and under funding
  • Create calculations/projections for what money will be needed for each Pay-Out partner (forecasts of a daily, monthly, quarterly and yearly basis)
  • Accurately calculate and determine the amount needed to pre-fund each account 2 days in advance
  • Create the required EFTs for the Pretoria office to release
  • Preparation of foreign exchange payment instruction documentation to various banks
  • Processing of foreign exchange payments on automated banking systems
  • Ensure funding spreadsheets is always updated
  • Liaise with the bank to track Swift confirmations
  • To update daily funding sheet and company systems for each Pay-Out partner account and to ensure all collections are accounted for
  • Track all collections for Pay-Out partners
  • Update wallets for each Pay-Out partner timeously
  • Liaise with the recons team to ensure all funding has been updated and captured
  • Ensure all foreign currency deals are updated and captured on the various company systems
  • To build and maintain working relationships with partners
  • Resolve queries effectively and timeously
  • To provide support to the treasury team
  • To manage own professional and self-development

Minimum requirements:

  • Grade 12 or equivalent (Essential)
  • Finance related Degree / Diploma (Essential)
  • 2 years’ experience in a Treasury environment (Essential)
  • 2 years’ experience in  Remittance or similar industry (Essential)
  • 2 years’ experience with Valtari Software (Desirable)
  • Knowledge of African and exotic currencies would be highly advantageous
  • Knowledge of money transfer procedures
  • Knowledge of treasury management
  • Knowledge of Mukuru products
  • Knowledge of accounting principles
  • Knowledge of EFTs

Additional Skills:

  • Analytical skills
  • Numerical skills
  • Computer skills
  • Verbal and Written communication skills
  • Organisational & administrative skills
  • Attention to detail
  • Above average Excel skills

Kindly send CV and cover letter to jobs@mukuru.com

Closing date for applications is Monday, 20th May 2019 with the subject heading:  Treasurer

If you do not receive a response after two weeks from application please consider your application unsuccessful.

NB: ALL STAFF APPOINTMENTS WILL BE MADE WITH DUE CONSIDERATION OF THE COMPANY’S EE TARGET

 

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