Assistant Manager - AR / AP / Treasury & Grants at Sanergy

About the role

The Assistant Manager - AR, AP, Treasury & Grants will ensure timely payment processing to all our suppliers, reporting on grants and contributions received from our funders, including grant mapping and grant income reconciliation, support cash management and AR & AP account reconciliation on a monthly basis.

Duties and Responsibilities

• Review and post all payment invoices in the accounting system
• Ensure timely payments for all our service providers
• Reconcile processed work by verifying entries and comparing system reports to balances
• Ensure vendor statements for all active accounts are received and reconciled on a monthly basis
• Reconcile Accounts Payables and investigate any discrepancies arising
• Support all the WHVAT/WHT Filing
• Respond to all vendor enquiries regarding finance
• Collaborate with external stakeholders to negotiate payment terms
• Prepare analyses of accounts and produce monthly reports
• Continue to improve the payment process
• Forecast monthly cash flow needs
• Collaborate with the retention teams to track and manage AR performance to improve our collections
• Collaborate with the retention teams to prepare and analyze all AR reports and models to track key metrics
• Reconcile all revenue related TBs and share documentation with the Audit team
• Identify operational efficiencies/policy and procedural enhancements to improve internal controls
• Track monthly grants expenses for the organization (Grant Mapping)
• Prepare financial reporting documentation for grantors & accounting-related due diligence for potential grantors
• For any grants that require audit, direct the external audit & support with back-up documentation when required
• Record commitments to properly accrue revenue
• Reconcile Grants Receivable vs schedules of payments expected (Grant Income Reconciliation)
• Monitor Bank Balances/ Currency Conversion/ Payments uploads
• Prepare / review monthly bank reconciliation reports regarding all transactions to all bank accounts
• Own the relationships with all banking, foreign exchange, and other cash cycle related vendors
• Ensure daily cash balances and foreign exchange is efficiently managed to plan
• Report at least monthly on cash cycle management KPIs
• Develop and implement the CAPA process for all material variances between plan and actual in the cash cycle management to ensure issues are immediately corrected and root cause addressed so they do not repeat
• Proactively keep up to date and regularly analyze and recommend changes to our treasury policies and procedures based on updates to relevant standards, regulations, and industry best practices
• Develop and implement methodology for controlling foreign exchange exposure, idle cash management, debt facilities management and interest rate risk management

Qualifications

1. Business Degree preferably in Finance or Accounting
2. A minimum of CPA 2 or it's equivalent 
3. Minimum 4 years’ experience in accounting with at least 2 year on Cash, AR & AP management
4. Advanced Microsoft Excel knowledge an added advantage
5. Be an excellent team player/collaborator with excellent communication skills
6. Have demonstrated the ability to act decisively and resolve problems