Treasury Accountant at Precision Air Tanzania

Treasury Accountant at Precision Air Tanzania

Treasury Accountant at Precision Air Tanzania

Precision Air

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

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