The Treasury Accountant is responsible for performing various Cash Management and Cash Accounting activities within the Corporate Treasury function. The role primarily focuses on the general ledger and control duties of the treasury department function.
Key Responsibilities
Cash Flow Forecasting: Prepare timely and accurate cash flow forecasts.
Facility Management: Ensure Vivo Energy Kenya facility utilization is well updated and maintained with zero default.
Payment Settlement: Collate and monitor product and duty payments data to ensure timely settlement of product obligations.
Commitment Tracking: Ensure all commitments are regularized in time including overdrafts (OD).
Reporting: Prepare the central treasury reporting templates.
FX Trading: Operate the FX trading desk for the business and monitor/manage DIE Trade losses/gains.
Insurance Coordination: Act as the focal point on all insurance issues to ensure seamless coordination between the business and insurers.
E-banking & Systems: Ensure the e-banking systems are in place and operational, and that payment platforms align with the treasury policy.
Cashier Monitoring: Monitor all cashiers' receipting and ensure on-time capture of all bankings in SAP.
Reconciliations: Support the Bank Reconciliation Accountant in the timely resolution of all reconciling items and ensure accounts reconciliations are performed and cleared promptly.
Back-up Support: Act as the backup to the Treasury Assistant managing the P Card and trade finance functions.
Key Challenges
Forecasting cash flow positions, related borrowing needs, and available funds for investment.
Ensuring sufficient funds are available to meet ongoing operational and capital investment requirements.
Monthly verification of bank interest charges and commissions.
Ensuring Forex deals are properly and economically executed with proper documentation.
Operating in a highly sensitive area with tight timelines.
Job Requirements & Qualifications
Degree in Accounting and Finance.
Experience in a Treasury or finance environment.
Professional qualifications such as CPA, ACCA, or CFA.
Strong organizational, analytical, interpersonal, and communication skills.
Core Competencies
Treasury: Treasury Policies, FX trading, Cash Management, Banking Operations, Financial instruments, Interest expense/income and Bank charge management, Banks charges (commissions and fees) understanding/control.
Leadership: Builds Shared Vision/ Engages Stakeholders, Champions Customer Focus, Delivers Results, Demonstrates Excellent interpersonal and communication skills, Demonstrates Professional competency, Displays Personal Effectiveness, Works well in Teams.
HSSE: Supporting in the delivery of Vivo Energy HSSE plan, Reporting PI’s and following up on their closures.
How to Apply
Interested and qualified candidates should apply online by visiting Vivo Energy on Workable.
