Finance Manager: Banking and Treasury at Truworths

Job Description


We are looking for a detail orientated team player; who can meet multiple deadlines, problem solve, prioritise effectively, maintain calm and communicating effectively with the Finance Manager, the team, and external stakeholders (stores and banks), and manage all external relationships with service providers such as banks etc. Reporting to the Finance Manager the primary responsibility of this role is to oversee the local and foreign banking operations, banking systems support, ensuring timely completion of banking month-end processes and staff management.


Key Responsibilities


Reporting to the Finance Manager, the primary responsibility is to ensure the reconciliation of all company bank and GL accounts and resolve/reporting all discrepancies.
Ensure the correct policies and procedures are in place and being followed by the banking team in collecting documentation from stores with regards to queries/discrepancy resolution.
Propose banking & treasury policy amendments/enhancements where applicable.
Incorporate new business developments into the daily reconciliation process where relevant (new stores, new bank accounts, new acquisitions, new tender types).
Ensure system effectiveness and efficiency, by liaising with IT Finance routinely to prioritise, and escalate appropriately.
Routinely liaise with local and foreign banks regarding banking & treasury matters.
Ensure all queries are resolved within the permitted timeframes.
Ensure all Banking and Treasury KPI`s are met.
Assist the banking team with regards to succession and stand-in support, in the absence of any team members.
Liaise with external and internal audit as required.
Ensure accurate daily cash flow forecasting and efficient resulting investment/disinvestment and funding obligations are actioned meticulously daily.
Ensure all banking agreements are current and signed by management.
Manage funding monthly requirements, ensuring repayments/charges are actioned and accounted for correctly.
Preparation of banking covenant calculations and submission of all required funding agreement requirements to the necessary institutions within the required time periods.
Assisting in the secretarial duties for Investment Committee meetings.
Ensure the completion and submission of all legislative documentary requirements to various institutions within required deadlines.
Management of the head office petty cash function. Ensuring compliance with policy, updating policy as appropriate, spot checks and efficient office operation.
Accurate & timely completion of the company cash flow forecast.


Qualifications and Experience
QUALIFICATIONS


B.Comm or equivalent


EXPERIENCE / KNOWLEDGE


Experience in the banking/treasury management
Experience in a finance retail environment
Experience in general finance processes including, inter alia, bank reconciliations, foreign currency translation and conversion, bank card queries, resolving bank discrepancies etc.
Management/supervisory experience, and working within a team dynamic.
Very strong computer skills: Microsoft Office suite (Outlook, Excel, Word), Oracle Financials, Business Online, new Business Online (Africa) and an appropriate bank reconciliation system


Competencies

TECHNICAL
Essential Competencies


Reconciliation of bank accounts across multiple organisations
Very strong computer skills: Microsoft Office suite (Outlook, Excel, Word), Oracle Financials, Business Online, new Business Online (Africa) and an appropriate bank reconciliation system.
Ability to interact confidently with superiors and customers.
Ability to liaise with Local and Foreign Banking institutions and regulators.
Ability to handle and resolve client queries accurately and timeously.
Ability to co-ordinate banking month-end functions.
Ability to work as part of team.
Prioritise work appropriately.
Ability to meet tight deadlines and work under pressure.


BEHAVIOURAL (e.g.)


Self-starter self-motivated and self-managed
Calm good communicator
Organised and focused
Team orientated
Attention to detail
Good energy and attitude
Ability to multi task and prioritise appropriately


Deadline:10th July,2026