Treasury Accountant at Precision Air Tanzania
Job Overview
Treasury Accountant at Precision Air Tanzania
Treasury Accountant at Precision Air Tanzania
Job Vacancy: 1 Position
Role Purpose Statement :
- Purpose of the Role The treasury accountant is primarily responsible for the
accuracy and integrity of the reported balances for all the business bank accounts. - This involves ensuring that all transactions are processed according to approved
standards and laid down company procedures; safeguarding business working
capital by enforcing controls; meeting daily, weekly and monthly deadlines for
treasury reporting to management.
Responsibility:
- Reconcile treasury general Ledger accounts weekly, investigate and clear all
unreconciling items promptly. - Ensuring all postings are accurate hence representing a true and fair picture of all
bank accounts. - Perform the mark to market of the company foreign exchange bank accounts daily
so as to realize the revaluation loss and gain and its trend on daily basis. - Ensuring accurate and timely recording of all in-coming and outgoing funds for
the business. - Posting and allocating receipts by Cash or Cheque on Accounts
Receivable; Updating the General Ledger with transactions on the bank statement
on a daily basis; Investigating and clearing any unknown receipts paid into the
current account; Updating and matching the Accounts payable ledger with direct
debit payments made out of the account; Updating and matching the payables
ledger with manual payments made (payments made outside normal payment run
cycles). - On a monthly basis accrue for interest income/Expenses and reconcile to actual
received/Paid for purposes of ensuring the airline does not lose out on interest
received/Paid as forecasted - Prepare various periodic treasury reports for purposes of identifying financial
position of the company - Reviewing and initiate payment requests to suppliers to ensure accuracy and
validity to prevent loss of funds. - Review all company loan accounts and ensure correct entries are passed to reflect
the actual balance. - Ensuring outstation /GSAs sales clearly posted and receipted as par SLA to avoid
cash flow constraints - Reconciliations of all current accounts and other receipts control accounts Daily
Bank - Reconciliations of main current account; confirming sales channel receipts to
Control account and subsequently reconciling them to the bank statement. - Any other duties as may be assigned by the Treasury Manager
Qualification Required:
- Bachelor’s degree in a business-related field from a recognized institution.
- Must possess accounting qualification i.e. CPA is added advantage.
- Minimum of 3years’ experience in Finance, preferably 2 years working within a
Treasury function. - Proficient in use of financial accounting system with a bias to competency in
working airline accounting systems. - Excellent analytical and interpersonal skills as well as excellent communication
skills. - Ability to handle pressure and difficult situations with resilience, calmly and
effectively. - Must be a person of unquestionable integrity.
Experience : 3.0 Year(s)
Job Opening date : 26-Oct-2023
Job closing date : 08-Nov-2023
