Treasury Accountant at Madison Group Limited

The Role

The Company is recruiting for the position of Accountant – Treasury reporting to the Chief Accountant. The job holder will be based at its Head Office in Madison House, Nairobi.

• Bank reconciliations for all the company’s main accounts, adjustments/ journals.
• Champion the automation of bank reconciliations through SAP ERP.
• Respond to all treasury-related queries and correspondences; processing and responding to queries and liaison – banks, internal staff and clientele.
• Safeguard company’s assets (cash) and overall operational efficiency and effectiveness of the company’s cash, bank and general ledger resulting in a proper and reliable records of the company’s bank accounts.
• Planning of company cash flow by analyzing trends, using available information and interaction with the relevant business units and the company’s budgets to ensure adequate levels of cash are maintained at all times.
• Cash/bank balances control and investments (in liaison with the Chief Accountant and Senior Accountant).
• Separation of cash received into various funds/ (products) and ensuring surplus funds are invested in a timely manner.
• Prepare funds transfer instructions and internal/ inter-account/ interbank transfers.
• Act as a liaison between the company and its bankers for all appropriate transactions.
• Generate accurate daily bank balances report and cash position reports.
• Supervise bank reconciliation staff.
• Generate accurate weekly and monthly cash flow report and projections.
• Reconcile the general ledger balances and prepare support schedules with emphasis on allocated accounts to ensure accuracy

Preferred Qualifications

• Bachelor of Commerce/Business related degree
• CPA (K) qualifications.
• Member of ICPAK.
• Minimum experience of 4 years in a similar role.
• Application and exploitation of SAP ERP.
• Knowledge and insight in conventional bank and banking matters/operations.