Job Description
About the Role
Our client, an established investment holding company headquartered in Stellenbosch, is seeking to appoint a Treasury and Group Finance Assistant to join their team. This combined Treasury and Group finance role profile with the working hours being split 60/40 to Treasury and Group Finance respectively.
Key Responsibilities
- Liaise daily with financial institutions, gaining market knowledge/experience, build relationships enabling companies to invest/disinvest financial products to the advantage of the group as a whole.
- Administrate daily transactions timely, accurately and in coherence to mandates that are in place with group companies, to ensure professional service.
- Responsible for input into the treasury system (IT2) ensuring correct reporting.
- Responsible for various reports with economic information pulled from financial platforms, reaching all receiving parties accurate and in time, daily, weekly and monthly.
- Interest reconciliation of all clients investment accounts, on a monthly basis.
- Compile a monthly report of relevant financial institutions credit ratings.
- Co-responsible for all the filing (electronically only) of Treasury department.
- Assist with the FICA process of Treasury clients.
- Ensure the Treasury mandates of the clients correlates with IT2 and changes are made.
- Coordinate and drive projects identified to automate and streamline processes, using Power Apps or Power BI in conjunction with the rest of the treasury team.
- Review and recommend updates to identified Policies & Procedures, control documents, standard operating procedures (SOPs) and Best Practices documents to keep it relevant and up to date with legislation.
- Any other tasks that may arise due to the continuously changing needs and requirements from the Treasury department stakeholders.
Requirements
- A B.Comm degree with financial accounting as a major subject.
- Registration as a Professional Accountant (SA) with SAIPA,CIMA or SAICA.
- As the incumbent will be required to take instructions from clients and give instructions to financial institutions, it is required that the incumbent is a registered representative for certain related Treasury products (being the RE5 certification).
- RE5 Registration: The incumbent should either have the RE5 certification or be willing to successfully obtain it during an agreed period and work under supervision.
- At least 2 years experience in the financial services industry (Very beneficial).
Qualifications
- Bachelor’s degree with financial accounting as a major subject.
Salary & Benefits
- Salary details not specified.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Western Cape
In the Western Cape, the finance and accounting profession is a thriving industry with a strong demand for skilled professionals. Typically, the job market trends indicate a steady growth in the need for finance and accounting expertise across various sectors. This is often driven by the increasing importance of financial management, regulatory compliance, and data-driven decision-making in businesses.
When it comes to salaries, it’s common to see broad ranges varying depending on factors like experience, company size, and industry sector. Generally, entry-level positions can expect salaries ranging from R250 000 to R400 000 per annum, while senior roles may command salaries between R600 000 and R1 200 000 or more, depending on the individual’s qualifications and level of expertise.
Common skills required for finance and accounting roles in Western Cape include proficiency in financial software such as QuickBooks, Xero, or SAP; strong analytical and problem-solving skills; excellent communication and interpersonal skills; attention to detail and organisational abilities; knowledge of tax laws and regulations; and experience with budgeting and forecasting tools. Typically, a degree in commerce, accounting, or a related field is also essential.
Industry sectors commonly employing finance and accounting professionals include the financial services sector, technology industry, manufacturing sector, and corporate organisations. These roles often involve providing financial guidance, managing budgets, preparing financial reports, and ensuring compliance with regulatory requirements.
For those looking to advance their careers in finance and accounting, career development opportunities abound. Typically, experienced professionals can move into senior management positions or pursue specialisations like forensic accounting, audit, or financial planning. Others may choose to transition into related fields like business consulting, investment banking, or entrepreneurial ventures. With continuous learning and professional development, finance and accounting professionals in Western Cape can enjoy a rewarding and challenging career with opportunities for growth and advancement.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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