Cape Town: Finance Clerk: Office Banking posted by Rory Mackie & Associates

Overview:

Our client is a leading South African fashion retailer with a well-established reputation in the clothing retail industry. The organisation operates in a fast-paced retail environment and is known for its focus on quality, customer experience, and operational excellence within the fashion and retail space.

They are looking for a detail orientated team player; who can meet multiple deadlines, problem-solve, prioritise effectively, maintain calm and communicate effectively with the Finance manager, the team and external stakeholders. Reporting to the Finance Manager: Office Banking and Treasury, the primary responsibility of this role is to oversee the foreign banking operations (UK), banking systems support, and completion of banking month-end processes.

Responsibilities:

• The primary responsibility is to ensure the reconciliation of all company bank and GL accounts in the stipulated time period. And resolve/report on all resulting discrepancies
• Ensure the correct policies and procedures and timelines are followed when collecting documentation from stores with regards to queries/discrepancies
• Incorporate new business developments into the daily reconciliation process where relevant (new stores, new bank accounts, and new acquisitions, new tender types)
• Liaise with foreign banks (Lloyds, HSBC etc.) regarding charges and cash banking queries
• Ensure all queries are resolved within the permitted timeframes
• Ensure all KPIs are achieved
• Assist the banking team with regards to stand-in support, in the absence of any team members
• Liaise with external and internal audit as required
• Collaborate with other departments to reconcile bank statement lines (payroll, customer services, tax and Accounts payable)
• Use banking software (Oracle) to track accounts, balance transactions, and generate reports

Requirements:

• Matric plus solid work experience
• Post-matric qualifications would be advantageous
• Experience in a finance retail environment advantageous
• Experience in general finance processes including bank reconciliations, foreign currency translation and conversion, bank card queries, resolving bank discrepancies etc.
• Very strong computer skills: Microsoft Office suite (Outlook, Excel, Word)

Essential competencies:

• Reconciliation of bank accounts (in foreign currencies) across multiple jurisdictions
• Very strong computer skills: Microsoft Office suite (Outlook, Excel, Word)
• Ability to interact confidently with superiors
• Ability to liaise effectively Foreign Banking institutions and regulators
• Ability to handle and resolve queries accurately and timeously
• Ability to co-ordinate and complete banking month-end functions
• Ability to work as part of team
• Prioritize work appropriately
• Ability to meet to tight deadlines/work under pressure

Behavioural:

• Self-starter self-motivated and self-managed
• Calm good communicator
• Organised and focused
• Team orientated
• Attention to detail
• Good energy and attitude
• Ability to multi task