About this role
Summary
Support with the execution of MAG's daily treasury and banking operations, processing local and foreign-currency payments, LCs and guarantees, managing bank accounts and preparing cash position reports.
Tasks
- Identify and control operational risks in banking transactions, such as unauthorized payments or duplicate transfers.
- Execute treasury operations, including local and foreign-currency transfers, LC and guarantee requests, and bank facility utilization.
- Collect and analyze bank and cash data for cash-position reporting.
- Prepare daily cash position and cash flow reports.
- Apply CBE regulations, bank mandates and MAG treasury procedures.
- Prepare bank letters, payment instructions and supporting documents.
- Maintain bank data, balances and transaction records.
- Reconcile bank accounts with the general ledger.
- Develop own treasury and banking knowledge.
- Serve as the day-to-day contact for banks.
- Negotiate charges, rates and service terms with banks within guidance.
- Manage bank portals, mandates and daily banking operations.
Education
Bachelor's degree in Commerce (Finance or Accounting).
Experience
Fresh graduates or candidates with up to 1 year of relevant accounting experience.
Skill
- Data Collection and Analysis
- Computer Skills
- Numerical Skills
- Policy and Regulation
- Verbal Communication
- Data Control
- Review and Reporting
- Planning and Organizing
- Reporting
- Risk Management
- Financial Accounting
- Enterprise resource planning (ERP)
Competencies
Business Insight: Understands how accurate financial records and general ledger activities contribute to the organization's financial performance and business objectives.
Customer Focus: Provides timely, accurate, and professional accounting support to internal stakeholders and responds effectively to their requests.
Action Oriented: Takes initiative in completing assigned accounting tasks, following up on outstanding information, and resolving routine discrepancies promptly.
Optimizes Work Processes: Follows established accounting procedures and identifies opportunities to improve the accuracy, efficiency, and consistency of accounting activities.
Collaborates: Works effectively with Finance, branches, and other departments to obtain financial information, resolve discrepancies, and meet reporting deadlines.
Interpersonal Savvy: Communicates clearly and professionally and builds positive working relationships with colleagues across different departments.
Nimble Learning: Demonstrates a willingness to learn general ledger processes, SAP functionality, accounting standards, and financial reporting requirements.
Self-Development: Actively develops accounting knowledge, technical skills, and professional capabilities through training, feedback, and practical experience.