JOB SUMMARY

The main purpose of this position is to evaluate and review organization’s daily, weekly, and monthly cash flows. The incumbent is also responsible to ensure that bills are paid on time and resolve any bottlenecks pertaining to payment postings or refunds.

JOB RESPONSIBILITIES

• Support cash management operations at field offices on a daily basis to ensure smooth process.
 
• Manage the processing of daily cheque payments right from the stage of cheque preparation through disbursement to contractors, suppliers and staff.
• Ensure that cheque payments are prepared within 24 hours of the receipt of payment voucher from the user department.
 
• Verify vouchers pertaining to tax deductions and other fees of employees and contractors.
 
• Initiate delivery of cheques through courier on a daily basis.
• Verify the accuracy of posting / payment related entries in the ERP system and disbursement.
 
• Contribute in the preparation of reconciliation reports and resolve any discrepancies.
 
• Check bank reconciliations of assigned accounts on a timely basis and resolve any outstanding issues on a timely basis.
 
• Compare the pay orders and cheques received against accounts receivable invoices and ensure that these are deposited in Disbursement Bank Accounts.
 
• Ensure that posting / deposit entries are timely made within the ERP – Account Receivables module.
 
• Support in the review, analysis and fulfillment of cash management requirements of Cash Offices.
 
• Review and monitor cash in hand reconciliations.
 
• The individual shall ensure compliance to the Enterprise Risk Management Framework enforced in the Company while performing job responsibilities in accordance with his assigned role.
• The individual shall ensure compliance to the Business Principles and Ethics Policy / Code of Conduct.
• Undertake any other assignment as instructed by immediate supervisor.