Reconcile all group bank accounts daily and work with other teams (accounts payable, accounts receivable) to ensure all receipts and payments are posted correctly to the accounts and that any unknown items are resolved and posted promptly
Responsible for preparing the cash position of his organization on a daily, weekly and monthly frequency.?
Allocate receipts and payments to branches using reports, post entries to the system and reconcile to the cash.
Allocate credit card/contactless payment receipts to branches using reports provided.
Ensure activities posted to both cash and clearing GL accounts are reviewed and reconciled in a timely manner
Reconcile loans, check loans status and payments and control related interests.
Resolve any variances with the branches involved and ensure corrections are made as appropriate.
Escalate any cash handling compliance issues to the accounting manager to be managed appropriately
Produce appropriate information and back up as required for external audits or statutory reporting.
Submit monthly bank reconciliation at each month end period.
Additionally, provide the split of daily group inflows and outflows into categories to provide accurate trend information for forecasting purposes.
