Africa Management Solutions Limited (AMSOL) is seeking a Treasury Accountant to join their team. This role is responsible for monitoring and managing daily cash movements, liquidity positions, and treasury balances across bank accounts. The successful candidate will prepare daily cash movement and liquidity reports, support the management of internal investments, and coordinate branch cash vault replenishments. This position also involves maintaining strong relationships with banking partners and ensuring compliance with treasury procedures and regulatory requirements including Central Bank of Kenya (CBK) returns.
Key Responsibilities
Cash and Liquidity Management: Monitor and manage daily cash movements, liquidity positions, and treasury balances across bank accounts. Prepare daily cash movement and liquidity reports for management review.
Investment Monitoring: Support monitoring and management of internal investments and treasury placements. Maintain investment schedules and ensure accurate recognition of investment income within the core banking system.
Operational Coordination: Coordinate branch cash vault replenishments, repatriations, and treasury-related transfers. Maintain schedules of agency transfers, cash movements, and replenishments for reporting and control purposes.
Regulatory Compliance: Prepare and support the submission of CBK liquidity returns and related treasury reports. Ensure compliance with treasury procedures, internal controls, and regulatory requirements.
Deposit Management: Monitor customer deposits and ensure proper accrual of interest. Reconcile deposit contracts and treasury accounts to ensure accuracy of interest rates and terms. Follow up on maturing and matured deposits.
Reconciliation and Reporting: Prepare bank reconciliation statements and resolve outstanding items promptly. Prepare weekly treasury and departmental reports for management review. Monitor loan guarantee deposits and other encumbered deposits.
Stakeholder Relations: Maintain strong working relationships with banks, partners, and treasury stakeholders. Resolve banking and treasury-related queries within stipulated turnaround timelines.
Qualifications and Requirements
Bachelor’s Degree in Accounting, Finance, Commerce, Economics, Banking, or a related field.
CPA(K) Part II or equivalent professional accounting qualification is required.
Minimum of 3 years’ relevant experience in treasury accounting, finance, or banking operations.
Experience in banking, microfinance, SACCO, or financial services sector is highly preferred.
Experience in the same business is preferred.
Strong understanding of liquidity management, treasury operations, and financial reconciliations.
Knowledge of CBK liquidity reporting requirements is an added advantage.
Proficiency in accounting systems, core banking systems, and Microsoft Excel.
Key Competencies
Treasury and liquidity management.
Financial reconciliations and reporting.
Investments monitoring and cash management.
Banking operations knowledge.
Analytical and problem-solving skills.
Attention to detail and accuracy.
Stakeholder and relationship management.
Compliance and operational controls.
How to Apply
Interested and qualified candidates should apply online via the Africa Management Solutions Limited (AMSOL) portal at www.amsol.africa.
How to Apply
Interested and qualified candidates should apply online via the Africa Management Solutions Limited (AMSOL) portal at www.amsol.africa.
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