VACANCY – TREASURY & COLLECTION MANAGER

KEY RESPONSIBILITIES

1. Develop and maintain treasury strategy, policies and procedures.

• Prepares the treasury strategy and maintains all documentation on policies and procedures relating to treasury and credit collections.
• Supervises receipting, and ensures data is captured for all customer accounts and ensures that up to date records are maintained.
• Authorises and confirms payments: Processing of supplier and any other payments.
• Petty cash back office payments and reconciliations and ensures smooth replenishment of petty cash front office replenishment.
• Supervises the establishment and maintains systems and procedures for monitoring the banks daily inflow and outflow of cash.
• Establishes and maintains efficient banking arrangements necessary for the management of bank balances and other funds.
• Performs bank account reconciliations, ensuring timeous resolution of identified reconciling items.
• Coordinates Reconciliations:

–     Reconciling customer accounts

–     Bank reconciliations

• EVD airtime stock reconciliations

2. Manage and oversee banking relationships.

• Tracks available balanced in the bank’s current accounts and ensuring availability to meet drawings.
• Monitors items being lodged to current accounts and plans to ensure bank receives value in shortest possible time.
• Approves all wires and immediate debits to the bank’s current accounts.
• Manages stakeholders in financial institutions to add value to the business

3. Oversees and Coordinates Credit Control

• Ensures that all customers who receive services/products.
• Collections of all receivables and preserve value for the business.
• Monitors the performance of high value clients to ensure they operate within credit limit
• Handing over of overdue accounts to collection agencies and assigning attorneys to take legal action.
• Assessing credit worthiness of prospective customers.
• Maintaining accurate credit records and referring any problems to Management.
• Custodian of all Merchants POS terminal & Credit Contracts
• Performs CVBS to Oracle EBS reconciliations.

4. Manage liquidity and financial risks

• Attending to and resolving customer queries with a turnaround time of 48 hours and ensures complete customer satisfaction of problem resolution.
• Working closely with other finance managers to ensure all customers are served accordingly.
• Updating the credit reports as and when the creditors pay up and following up on the list of creditors to maintain minimal write-offs.
• Reports on treasury movements of finances and customer payments to maintain positive cash equivalents in the company.
• Communicates and reports on current status of cash flow to facilitate in decision making and forecasts.

EDUCATION

• Degree in Accountancy, Finance or Related Discipline.
• Post graduate qualifications (CA/CIMA/CIS/ACCA/CPA)
• Corporate Finance professional qualification (e.g. CFA)
• Master’s qualification will be an added advantage.

EXPERIENCE

• At least 4 years working experience in similar position.

KNOWLEDGE AND SKILLS

• Good analytical, conceptual, and diagnostic skills
• Computer literacy and proficiency including spreadsheets and accounting software.
• Ability to work under pressure with minimum supervision in highly dynamic market conditions.
• Knowledge of Oracle EBS is an added advantage.
• Good coordination, communication, motivational and interpersonal skills

Please apply via email to: careers@econet.bi or bring your application to HR department, clearly indicating the position being applied for in the subject area. Closing date for all applications is Tuesday, 12 December 2023 at 5PM.

Please note only short listed applicants will be responded to.