TREASURY ASSISTANT ACCOUNTANT (ROSCO PROCOM)

To support the overall management of cash, bank balances and foreign currency within the Company, including compliance with all treasury policies and procedures to safeguard assets, drive efficiencies and optimize processes.

JOB SUMMARY

To support the overall management of cash, bank balances and foreign currency within the Company, including compliance with all treasury policies and procedures to safeguard assets, drive efficiencies and optimize processes.

JOB DUTIES

• Prepares special reports by studying variances; preparing budgets; developing forecasts.
• Must maintain and thoroughly understand the financial reporting and general ledger structure.
• Maintenance of Fixed Asset Register.
• Ensure Maintenance, verification and integrity of RPL’S financial reporting by documenting our SOP’s.
• Responsible for performing weekly and daily Bank Reconciliations of all Company Bank Accounts.
• Reviews the Company’s systems to ensure suitability given current needs and makes recommendations for improvements.
• Maintains relationships with all financial institutions, ensuring matters are communicated and addressed promptly.
• Follows up to ensure foreign currency allocations are processed in a timely manner, including preparation of documents for approval.
• Monitors foreign currency exchange rates and recommends change to system rates for consideration by the Financial Accountant.
• Performs weekly account analyses of bank clearing account and follows up balances to ensure that all transactions are properly recorded.
• Check daily bank activity ensuring deposits are recorded accurately, cheques are presented and cleared accurately, and all other transactions are accurate and evidenced.
• Queries any discrepancies in bank balances with financial institutions.
• For variance identified in the bank reconciliation process, works with cross functional teams as necessary to resolve issues, and obtain all required supporting documentation.
• Monitors all loan balances and reconciles loan accounts monthly, or as required by the Financial Accountant, Finance Director, or Auditors.
• Supports the treasury function with cash forecasting, cash budgeting and cash transactions processing, including appropriate internal controls.
• Process all transactions related to cash and bank balances as assigned and assists with all related reporting.       
• Cost control as it relates to monitoring and advising on bank charges.
• All Head Office reporting on Sales, Donations, Cash and Loan and any other report they may from time to time request.
• Supports the Financial Accountant for adequate insurance coverage of all properties and assets.
• Supports the Financial Accountant in negotiating and renewing operational and finance leases.
• Updates job knowledge by keeping current with financial regulations and accepted practices; participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
• Reviews the Company’s systems to ensure suitability given current needs and makes recommendations for improvements.
• Reports all non-conformities in the process resulting in a loss to the company.
• Identifies improvements to the process for efficiency.
• Contributes to team effort by accomplishing any requests that Management may from time to time assign to the post.
• Adheres to all company policies, procedures and business ethics codes and ensures that they are communicated and implemented within the Company.

EDUCATION

• CAT graduate or ACCA Qualification level 2 

EXPERIENCE

• A minimum of 3 years of accounting experience.
• Knowledge of finance, accounting, budgeting, overheads apportionment and cost control principles including International Financial Reporting Standards.
• Knowledge of accounting and Enterprise Resource Planning software applications.
• In depth knowledge of cash and treasury management processes.
• Knowledge in the manufacturing and/or energy industry would be an asset.