Treasury Accountant

Ancient Grove

Key Responsibilities

• Receive and receipt cash/cheques, verifying supporting documentation and data in the system.
• Verify foreign currency exchange rates for foreign currency transactions.
• Communicate treasury balances to the department manager and finance team.
• Perform daily cash counts and reconcile balances with system records for revenue and expense treasury.
• Complete end-of-day treasury reconciliation and submit signed cash count reports.
• Verify approvals and signatures before executing cash payments.
• Maintain sufficient cash to meet operational and financial needs.
• Record payment bills in the system, ensuring valid documentation for all expenses.
• Coordinate payment documentation, including tax notifications for applicable invoices.

Banking Operations

• Validate and deposit bank checks promptly.
• Monitor daily cash balances and positioning across all bank accounts.
• Record and reconcile deposits against bank statements.
• Process refund checks and other bank transactions (transfers, payments, etc.).
• Maintain accurate records of all bank and treasury transactions.
• Coordinate with banks on routine operational issues.

Treasury Accounting & Reporting

• Record treasury journal entries, ensuring proper general ledger classification.
• Prepare cash position reports, bank balance summaries, and management reports
• Support month-end and year-end closing for treasury activities.

Compliance & Internal Controls

• Ensure adherence to internal treasury policies and procedures.
• Support internal and external audits by providing treasury documentation.

ERP & System Utilization

• Execute treasury operations using ERP systems and online banking platforms.
• Support system improvements for treasury and cash management.

Cross-Functional Coordination

• Coordinate cash movements with accounts payable, accounts receivable, and finance teams.
• Support finance management with treasury analysis and information.