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Position Details: Treasury Accountant

Location: Nairobi, Kenya
Openings: 1


Position Title: Treasury Accountant

Reports to: Treasurer

Job Purpose:

The incumbent will be responsible for performing various cash management and cash accounting activities within the Corporate Treasury function. The role primarily focused on the general ledger duties of the treasury department function


• Total Borrowing Portfolio: USD 85 Million
• Total Annual Revenue: USD 900 Million
• Annual payments: USD 800 Million
• Treasury support to CoBs: S&T / Retail/ F&B / LUBs / LPG / H.O

Principal Accountabilities:

• Prepare timely and accurate cash flow forecasts 
• Ensuring Our client’s facility utilization are well updated and maintained with zero default
• Collate and monitor product and duty payments data to ensure timely settlement of product obligations
• Ensure all commitments are regularized in time including OD.
• Prepare the central treasury reporting templates
• Operate the FX trading desk for the business
• Monitor and manage  our DIE Trade losses/Gains
• Focal Point on all insurance issues to ensure seamless coordination between business and insurers
• Ensure the e-banking systems are in place and operational
• Supervise all cashiers and ensure on timely receipting of all remittances in the ERP system
• Monitor all cashiers receipting and ensure on time capture of all banking’s in JDE
• Support The Bank reconciliation accountant in timely resolution of all reconciling items.
• Ensure that accounts reconciliations are performed on a timely basis and reconciling items explained and cleared promptly.
• Also act as the back up to the Treasury assistant managing the P Card and trade finance functions

Key Challenges:

• Forecast cash flow positions, related borrowing needs, and available funds for investment
• Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
• Monthly verification of bank interest charges and commissions
• Forex Deals properly and economically executed with proper documentation
• Focal Point on all insurance issues to ensure seamless coordination between business and insurers
• Ensure our payments platforms align to the treasury policy.
• Timely receipting of all remittances in the ERP system and that all reconciling items are closed in a timely manner.

Job Knowledge, Skills & Experiences:

• Degree in Accounting and finance. Experience in a Treasury or finance environment
• Professional qualifications such as CPA, ACCA or CFA;
• Strong organizational, analytical, interpersonal and communication skills                                                                                               

• Treasury Policies Knowledge
• FX trading Skill
• Cash Management Skill
• Banking Operations Knowledge
• Financial instruments Knowledge
• Interest expense / income and Bank charge management Skill
• Banks charges (commissions and fees) understanding/control Knowledge

• Builds Shared Vision/ Engages Stakeholders Knowledge
• Champions Customer Focus Knowledge
• Delivers Results Skill
• Demonstrates Excellent interpersonal and communication skills Skill
• Demonstrates Professional competency Skill
• Displays Personal Effectiveness Skill
• Works well in Teams           Skill

• Supporting in the  delivery of  Our client’s HSSE plan
• Reporting  PI’s and follow up on their closures

Click to Apply:

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