Treasury Accountant job at True North Consult Ltd

Reports To: Chief Accountant
Department: Finance

Job Purpose

To manage the company’s treasury operations by ensuring effective cash flow management, timely bank reconciliations, and accurate recording of receipts and payments. The role safeguards liquidity, supports financial planning, and ensures compliance with internal controls and financial policies.

Responsibilities

• Daily confirmation and receipt of funds received from customers.
• Follow up on matching of bank statements and cash book so as to ensure that any double receipts/erroneous receipt are detected and corrected.
• Ensure a maximum of 0.5% incidences of errors in receipting e.g. double receipt, over/under receipting, wrong account.
• Ensure correction of receipting errors within 48 hours of occurrence.
• Daily follow up with banks on unidentified credits, unexplained bank debits and ensuring all items are addressed.
• Daily preparation of un-receipted transaction reports and follow up with relevant sections to ensure all items are receipted within set timelines.
• Analysis of various bank charges to ensure correct amounts are charged on company accounts.
• Ensure accurate, completeness and timely posting of credit and debit notes.
• Ensure accurate and timely application of all receipts, CNs and DNs to respective TAR accounts.
• Reconciliation of GL accounts.

Person Specification

Education, Training, Skills & Experience

Qualifications and Skills

• Bachelor’s degree in finance, Accounting or related fields.
• CPA, ACCA, or equivalent professional qualification preferred.
• Proven accounting experience fixed asset experience an advantage.
• Strong knowledge of accounting principles, IFRS, and relevant tax laws.
• ERP proficiency: Oracle experience preferred.
• Strong analytical skills, attention to detail, and integrity.
• Ability to work collaboratively in a fast-paced environment.

Core competencies

• Strong cross-department collaboration.
• Problem-solving and investigative skills.
• Proactive approach to asset management and process improvement.
• High integrity and confidentiality.

• Daily confirmation and receipt of funds received from customers.
• Follow up on matching of bank statements and cash book so as to ensure that any double receipts/erroneous receipt are detected and corrected.
• Ensure a maximum of 0.5% incidences of errors in receipting e.g. double receipt, over/under receipting, wrong account.
• Ensure correction of receipting errors within 48 hours of occurrence.
• Daily follow up with banks on unidentified credits, unexplained bank debits and ensuring all items are addressed.
• Daily preparation of un-receipted transaction reports and follow up with relevant sections to ensure all items are receipted within set timelines.
• Analysis of various bank charges to ensure correct amounts are charged on company accounts.
• Ensure accurate, completeness and timely posting of credit and debit notes.
• Ensure accurate and timely application of all receipts, CNs and DNs to respective TAR accounts.
• Reconciliation of GL accounts.

• Strong analytical skills
• Attention to detail
• Integrity
• Ability to work collaboratively in a fast-paced environment
• Strong cross-department collaboration
• Problem-solving and investigative skills
• Proactive approach to asset management and process improvement
• High integrity and confidentiality

• Bachelor’s degree in finance, Accounting or related fields.
• CPA, ACCA, or equivalent professional qualification preferred.
• Proven accounting experience
• Fixed asset experience an advantage.
• Strong knowledge of accounting principles, IFRS, and relevant tax laws.
• ERP proficiency: Oracle experience preferred.