Treasury and Finance Accountant at a Leading Renewable Energy Semiconductor Manufacturing Company – Elite Talent Placements

Job Title: Treasury and Finance Accountant

Activities

• Ensure the efficient management of company’s bank accounts.
• Oversee the company’s banking operations, ensuring all funds are appropriately banked.
• Carry out Bank Reconciliation Statements for all transactions.
• Ensure conformity of company bank accounts with IFR Standards, reconciling bank statements against the GL, and clearing accounts.

Cash and Cash Flow Management:

• Collate approved payments, prepare daily, weekly, and monthly Cash Plans for management decision-making.
• Communicate Cash Plans to relevant units to manage communication with vendors and stakeholders.
• Manage the company’s cash management system and payment mechanisms.

Loan Management:

• Document all loan details and covenants to ensure compliance with conditions and repayment schedules.
• Maintain loan schedules, capturing principal repayments and accrued interest.
• Create cashflow plans to ensure loan amounts are set aside at least one month before due dates.
• Conduct interest and debt analysis, providing relevant information and reports.

Budgeting:

• Collate and prepare annual budgets based on unit requests.
• Use budgets to prepare a dynamic Cash Flow Plan, updating it weekly, monthly, and as events change budget details.

Financial Modelling:

• Prepare financial models in line with company objectives using real data from treasury operations.

Receivables and NXPs:

• Manage all receivables and ensure proper reconciliation using Excel and Odoo ERP.
• Prepare NXPs and follow through the shipment process, ensuring proper inflow matching to close out balances.
• Keep track of NXP dates and statuses, extending dates with banks when necessary.

Regulatory Compliance:

• Ensure treasury regulations comply with established standards.
• Oversee robust and efficient tax planning and filing with relevant bodies.
• Follow up on financial proceedings, ensuring tasks are completed on schedule.
• Maintain confidentiality and adhere to local, state, and federal financial laws and regulations.
• Manage all financial records, spreadsheets, and registers.

Reporting:

• Prepare Weekly and Monthly Bank Reconciliation.
• Develop Daily, Weekly, and Monthly Cash Plans.
• Track cash advances.
• Maintain Loan Repayment Schedules.
• Create Loan Profitability Reports.
• Continuously update Cashflow to reflect current realities.

Candidate Profile

• Solid understanding of basic accounting principles, finance, budget planning, cashflow, and record keeping.
• Strong understanding of finance (CFA Certification is an advantage).
• Hands-on experience with spreadsheets and accounting software (Odoo ERP).
• Proven ability to calculate, post, and manage accounting figures and financial records.
• Excellent organizational skills for documentation and record-keeping.
• Exceptional ability to communicate complex financial information.
• Problem-solving and critical-thinking skills.
• Strong verbal and visual financial reporting skills.
• High ethical standards and trustworthiness.
• 5 years of work experience in a similar role.

Application Instructions:

The application deadline is 4th October, 2024.Therefore qualified and interested candidates should send their  CV to :  [email protected] using the Job Title and Location.