Cash Book Clerk

Durban - South Africa

Monthly Salary: Not Disclosed

Posted on: 18 hours ago

Vacancies: 1 Vacancy

Department:

Finance

Job Summary

Our client based in Durban is seeking an experienced Cash Book Clerk to accurately record allocate and reconcile all cash and banking transactions.

The successful candidate will ensure compliance with company policies statutory requirements and internal financial controls while providing effective support to store operations and the finance team.

Key Responsibilities:
Daily duties:

Balance daily banking and liaise with the bank to resolve over/under-banking queries.
Import and process sales and trading data from Nimbus POS into ACCPAC.
Capture Loyalty reconciliation templates investigate variances and escalate unresolved differences.
Maintain the Rounding Differences (RD) account ensuring only stipulated transactions are posted.
Ensure data integrity completeness and accurate classification of all entries.
Dealing with all store admin related queries.
Checking daily tax reports and ensure tax reports on SharePoint have the store managers signature.

Weekly / Monthly Duties:

Import and process weekly/monthly bank statements into REC-EXPRESS.
Ensure all revenue and expense items are accurately allocated and posted to correct GL accounts.
Understand the difference between sales & purchases entries when working on cash book batches and the implications of these to input & output VAT.
Verify that all pension floats from stores are banked by the 12th of each month.
Complete the RD template ensuring all balances in the RD account are explained and cleared within agreed timelines.
Prepare and submit monthly cash book reconciliations ensuring full balance reconciliation.
Prepare and submit monthly debtors reconciliations investigating and correcting all reconciling items.
Maintain comprehensive supporting documentation for reconciliations such as final pension payout statements receipts and correspondence.

Support & Query Resolution:

Handle and resolve banking and cash-related queries for allocated stores escalating where necessary.
Attend to cashbook and banking-related queries providing professional and timely assistance.
Collaborate with other finance departments and support ad-hoc projects if needed.
Escalate unresolved or suspicious items to supervisors for assessment and corrective action.
Ensure compliance with regards to any regulatory changes audit recommendations and company policy updates collaborating with the teams where needed.

Compliance and Controls:

Adhere to internal controls company policies accounting principles and audit requirements.
Safeguard cash handling processes and maintain confidentiality of financial data.

Reporting:

Support the finance team in preparing additional reports and audit deliverables as requested.

Requirements:

Attention to detail and ability to manage multiple transactions accurately.
Analytical skills to resolve and investigate unreconciled items.
Good communication teamwork and time management skills.
Ensure accuracy completeness and integrity of the companys financial records
Manage and oversee daily cash and banking operations effectively
Implement and maintain strong internal controls over cash and bank transactions
Ensure compliance with relevant financial standards policies and procedures
Monitor review and reconcile cash and bank accounts regularly
Identify control weaknesses and recommend improvements
Provide oversight and accountability for all cash-handling activities
Support audits by preparing documentation and responding to queries

Should you not receive a response within the next 2 weeks please consider your application unsuccessful. Vacancies are advertised on our website you wish to keep abreast with our active roles.

IMPORTANT NOTICE
By applying to this advert you hereby acknowledge that you have read and accept the following Protection of Personal Information ACT (POPIA) disclaimer:
I hereby consent for Talented Recruitment to process my personal information as part of the recruitment process. Talented Recruitment shall take all reasonable measures to protect the personal information of applicants and for the purpose of this disclaimer personal information shall be defined as detailed in the Protection of Personal Information Act Act 4 of 2013 (POPIA).

Our client based in Durban is seeking an experienced Cash Book Clerk to accurately record allocate and reconcile all cash and banking transactions. The successful candidate will ensure compliance with company policies statutory requirements and internal financial controls while providing effective s...

Key Responsibilities:
Daily duties:

Balance daily banking and liaise with the bank to resolve over/under-banking queries.
Import and process sales and trading data from Nimbus POS into ACCPAC.
Capture Loyalty reconciliation templates investigate variances and escalate unresolved differences.
Maintain the Rounding Differences (RD) account ensuring only stipulated transactions are posted.
Ensure data integrity completeness and accurate classification of all entries.
Dealing with all store admin related queries.
Checking daily tax reports and ensure tax reports on SharePoint have the store managers signature.

Weekly / Monthly Duties:

Import and process weekly/monthly bank statements into REC-EXPRESS.
Ensure all revenue and expense items are accurately allocated and posted to correct GL accounts.
Understand the difference between sales & purchases entries when working on cash book batches and the implications of these to input & output VAT.
Verify that all pension floats from stores are banked by the 12th of each month.
Complete the RD template ensuring all balances in the RD account are explained and cleared within agreed timelines.
Prepare and submit monthly cash book reconciliations ensuring full balance reconciliation.
Prepare and submit monthly debtors reconciliations investigating and correcting all reconciling items.
Maintain comprehensive supporting documentation for reconciliations such as final pension payout statements receipts and correspondence.

Support & Query Resolution:

Handle and resolve banking and cash-related queries for allocated stores escalating where necessary.
Attend to cashbook and banking-related queries providing professional and timely assistance.
Collaborate with other finance departments and support ad-hoc projects if needed.
Escalate unresolved or suspicious items to supervisors for assessment and corrective action.
Ensure compliance with regards to any regulatory changes audit recommendations and company policy updates collaborating with the teams where needed.

Compliance and Controls:

Adhere to internal controls company policies accounting principles and audit requirements.
Safeguard cash handling processes and maintain confidentiality of financial data.

Reporting: