Frank Management Consult Ltd is an international management consulting agency. We work with major companies, raising their performance, driving their strategies and enhancing their productivity.

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Treasury Accountant

Job Type

Full Time

Qualification

BA/BSc/HND

Experience

3 years

Location

Thika

Job Field

Finance / Accounting / Audit

The Treasury Accountant will manage cash flow forecasting, daily cash operations, foreign exchange activities, interactions with banks and the group treasury team, preparation of treasury reports, supplier payments, reconciliations, and ensure compliance with relevant legislation and accounting standards.

Key Responsibilities:

• Prepare weekly, monthly, quarterly, and annual cash flow forecasts to ensure sufficient funds for operational and capital expenditures.
• Review supplier payment requests for completeness and ensure timely payments.
• Analyze monthly foreign currency obligations and ensure payments are made on time.
• Execute competitive foreign currency transactions for payments in line with mandates.
• Conduct bank reconciliations promptly, investigating and resolving discrepancies monthly.
• Ensure timely and accurate payment of interest on inter-company loans.
• Manage inter-company receivables to support working capital requirements.
• Prepare treasury reports in accordance with group treasury policies.
• Coordinate with banks to ensure accurate and timely execution of banking instructions.
• Work with internal teams on bank guarantees for customs and logistics.
• Ensure customs duties and other statutory payments are secured.
• Remit unclaimed funds to the Unclaimed Financial Assets Authority (UFAA) as required by law.
• Implement and maintain treasury systems and internal controls.

Qualifications & Requirements:

• Bachelor’s degree in Finance, Accounting, or Banking from a recognized university.
• CPA (K) or equivalent professional certification.
• Minimum of 3 years of post-qualification experience in finance or accounting, preferably in a treasury function within a large organization or a bank/financial institution.
• Ability to adapt to changing priorities and thrive in a fast-paced environment.

• Prepare weekly, monthly, quarterly, and annual cash flow forecasts to ensure sufficient funds for operational and capital expenditures.
• Review supplier payment requests for completeness and ensure timely payments.
• Analyze monthly foreign currency obligations and ensure payments are made on time.
• Execute competitive foreign currency transactions for payments in line with mandates.
• Conduct bank reconciliations promptly, investigating and resolving discrepancies monthly.
• Ensure timely and accurate payment of interest on inter-company loans.
• Manage inter-company receivables to support working capital requirements.
• Prepare treasury reports in accordance with group treasury policies.
• Coordinate with banks to ensure accurate and timely execution of banking instructions.
• Work with internal teams on bank guarantees for customs and logistics.
• Ensure customs duties and other statutory payments are secured.
• Remit unclaimed funds to the Unclaimed Financial Assets Authority (UFAA) as required by law.
• Implement and maintain treasury systems and internal controls.

• Cash flow forecasting
• Daily cash operations
• Foreign exchange activities
• Bank interactions
• Treasury reporting
• Supplier payments
• Reconciliations
• Compliance with legislation and accounting standards
• Inter-company loan payments
• Inter-company receivables management
• Treasury systems implementation and maintenance
• Internal controls
• Adaptability to changing priorities
• Ability to thrive in a fast-paced environment

• Bachelor’s degree in Finance, Accounting, or Banking from a recognized university.
• CPA (K) or equivalent professional certification.
• Minimum of 3 years of post-qualification experience in finance or accounting, preferably in a treasury function within a large organization or a bank/financial institution.
• Ability to adapt to changing priorities and thrive in a fast-paced environment.