23 Jul '20
Financial Manager: Bank and Cash

Finance, Gauteng JHB - Eastern Suburbs

R 700 000 - R 900 000 Monthly

A large commodities company based in the East Rand is looking for a Financial Manager to focus on Bank and Cash.

Educational and requirements: 

  • Completed relevant qualification as CA(SA)
  • Up to 7 years experience in a similar role (5 to 7 years post articles experience)
  • Industry experience: Manufacturing, Mining, Commodoties 
  • Cash management is a major responsibility: Experience dealing with and overseeing large volumes of cash (payments and receivables) and foreign the main requirement 
  • Accounts Payables 
  • Accounts Receivable 
  • General Leadger Reconciliations 
  • Reports and Submissions
  • Staff Management/ Supervision/ Coaching 
  • Up to date IFRS knowledge is another minimum requirement 
  • SAP would be highly advantageous 

Main focus on Cash Requirements:

  • Maintain daily cash position reports indicating the company’s cash position. Monitor cash levels, draw down levels and funding roll-overs to maintain appropriate levels of cash and liquidity aligned to the funding and liquidity targets
  • Review daily estimates for both USD and ZAR currency to determine the adequacy of funds and breakeven points for cash and bank.
  • Disbursement of funds for all due accounts.
  • Liaison with banks to ensure processing of payments are smooth and beneficiaries receive good value for remittances.
  • Monthly perform six-month cash forecast
  • Instruct treasury regarding the investment of the excess cash on short- and long-term basis to optimise Investment Returns on Surplus Cash
  • Ensure bank revaluations are performed correctly on a monthly basis
  • Perform mark-to-mark revaluations for forward purchases

Please email your CV to Kavita@smithgarb.co.za


Ad Visible Until: 31 August 2020
Ref: JHB005590/KM

Vacancy Type: Permanent