treasury AccountantWorkabroad

Job Description
Monitor the group's cash flow position at any one time. This involves ensuring that there is always enough cash on hand to pay for expenses such as salaries, rent, and utilities.
Treasury accountants are also responsible for forecasting cash needs and developing strategies to optimize how cash is utilized and reporting on current utilization rates.
Financial reporting. This involves preparing regular reports that provide senior management with a clear and accurate picture of the company's liquidity position.
Treasury accountants must ensure that these reports are timely, accurate, and comply with all relevant accounting standards and regulation
Communication with Banks and Other Financial Institutions - responsible for communicating with banks and other financial institutions on behalf of the company.
This includes all account maintenance activities, monitoring cash balances, and ensuring compliance with internal and banking regulations.
Relationship with Senior Management, maintaining a strong relationship with senior management is essential as a Treasury Accountant
senior management relies on the Treasury Accountant to provide accurate and timely financial information, which ensures they can make informed business decisions.
Interaction with Other Business Departments, work with all divisions, including accounting, finance, tax, and operations.
It is critical to understand business operations of each department to ensure effective management of cash, liquidity and effectively communicate and collaborate with the wider team to achieve a common goal.
Compliance with regulations - responsible for managing the financial risks of the organization, which involves complying with various regulatory requirements.
You will need to stay up-to-date with any changes in regulations that could impact your organization and ensure that all workflows and processes are compliant with the law.
Handling of large amounts of data - managing large amounts of data, you will be dealing with a lot of data, including cash and debt management, investments, and foreign currency exchange.
You will need to ensure that all data is accurate and up-to-date, and you may be responsible for reconciling accounts, tracking cash flows, and generating financial reports
Integration with other financial systems - need to have a good understanding of financial systems and software to ensure that your organization's systems are integrated and that data is flowing smoothly between them.
You may also need to troubleshoot issues that arise and work with other departments to ensure that processes are streamlined.
Maintaining a day to day control over treasury transactions and authorization of bank payments.
Partner with the company's auditors (both internal and external) to ensure that all transactions having to do with treasury is recorded correctly and in accordance with laid down standards
Receipt of cash and checks for deposit daily enterprise accounts with banks, according to the requirements of the accounting system.
Prepare the daily receipts & payments statement depends on the movement of the president or official accounts accompanied by all the supporting income and expenditure documents and notices supply revenue to the bank.
where it is reviewed by the recorded records and notebook. Run daily bank statements.
Liaise with all Branches nationwide in reconciling both the bank statement receipts and payments
Liaise with all banks on any bank statement queries. Assist with the confirmation of all bank transactions required for audit or other stakeholders.
Daily reporting of facility utilization. Maintenance of user profiles / responsibilities across the Group. Daily management of the portfolio to minimize unnecessary overdraft interest.
Providing payment authorization support up to an agreed level. Verification of payments in excess of the agreed amount to support Master Users.
Qualifications:
Additional Information:
A minimum of 5 year(s) of working experience is required.
Candidates must be a Prof'l License(Passed Board/Bar/Prof'l License Exam) holder.
Principal / Employer
WR Carpenter PNG Group of Companies
Principal / Employer Address
Port Moresby, Papua New Guinea
Placement Fee
This job has no placement fee.