Cash Flow and Payment (Permanent)- Management Trainee- English- Hybrid Johannesburg

Cash Flow and Payment (Permanent)- Management Trainee- English- Hybrid Johannesburg

Basic Information

Ref # RET003851

Location Johannesburg ZA - Office

Date Published: Tuesday, April 18, 2023

Band 4A

Points 600

Description

“With a startup spirit and 90,000+ curious and courageous minds, we have the expertise to go deep with the world’s biggest brands—and we have fun doing it! We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. We’re harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people.  

Now, we’re calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing. People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower.  

Welcome to the relentless pursuit of better.”

Inviting applications for the role of Cash Flow and Payment (Permanent)- Management Trainee- Hybrid Johannesburg

 

Responsibilities:

 

Support the end to end Cash Flow and Payments Management process. Drive the strategic directions set by Tower and COE Lead

Daily Cash flow Activities & uploading on TMS

Reviewing and approving daily cash flow requests on TMS

Updating of weekly Cash flow Actuals into Cash flow forecast spreadsheet

Cash flow forecasting and daily group funding requirements

 

Ensure beneficiaries are loaded before payment.

Processing of Customer Refunds

Processing of money payable to RCS incorrectly paid by customers to MMT

Repatriation of funds

 

Request Proof of Payments

Audit (Providing audit samples and resolution of audit queries)

Foreign currency revaluation calculations and journal entries

Preparation, maintenance and upload of local and foreign currency Treasury balance sheet reconciliations including prompt query resolution and investigation of reconciling items

Foreign payments processing including obtaining Exchange Control Approvals where required

 

Other

Accounting for multi-currency intercompany transactions, reconciliations and month-end confirmations

Maintenance of the intercompany loan accounts

Preparation of, posting and review of accounting entries including adjustments for bank accounts

Analysing financial information and creating required reports and detail for decision making

Preparation of standard and ad-hoc treasury reporting to support bank, cash management, payment operations, investment management, foreign currency and hedging activities; etc

Preparation of interest and fees for inter and intra company operations

 

Qualifications we seek in you!

Minimum Qualifications

BCom Accounting / Finance

Relevant years of experience in a financial role;

Experience in foreign currency denominated transactions essential;

BCom Honours / CIMA would be an advantage

Thorough accounting knowledge and proven experience of the month-end and year-end close process

 

Core Competencies

Excellent, clear and proficient communication with stakeholders at various levels

Sound decision making in evaluating problems

Accuracy, attention to detail and proactive

Adaptable to a changing work environment

Ability to investigate issues and take necessary resolution action

Deadline driven, can work both independently and together as part of a team

Plan and improve for work

Perform to ethical standards

Serve the customer and must be results driven

Ability to handle multiple tasks

Previous experience in a multinational company would be an advantage;

 

What can we offer?

Attractive salary and benefits such as Medical Aid, Retirement and risk benefits

Work in a multicultural environment;

Various trainings (technical & soft skills);

Development opportunities in a growing multinational company;