Senior Treasury Officer

Job Summary

The Senior Treasury Officer receives payment by cash, check, credit cards, vouchers, or automatic debits. Issues receipts, refunds, credits, or change due to customers. Receives and disburses cash and checks and maintains proper recording of cash transactions to manage the daily inflow and outflow of cash of the company.

Job Responsibilities 1

Principal Accountabilities

• Manages and supervises all aspects of cash flows
• Ensures the efficient management of company’s bank accounts
• Ensures the company’s banking operations; seeing to it that all funds are appropriately banked
• Manages of the cash management system of the company and their payment mechanism

Job Responsibilities 2

1. Processes “due backs” on a timely basis. Maintains all cashier contracts. Processes petty cash receipts and reimbursements on a regular basis and inform management of any deviation to policy.

• Ensures processing cost per accounts receivable invoice is within the Percentile variance.
• Ensures accuracy of accounts receivable.
• Ensures accurate percentage of electronic invoices.
• Means age of billing errors.
• Ensures that number of invoices disputed is within Percentage variance.

2. Maintains an adequate supply of cash/change and provide cash/change to all departments as needed.

• Ensures to maintain a fiduciary relationship with all departments and daily cash supply is adequate

3. Prepares Cash Over/Short reports on a daily, monthly and yearly basis.

• Ensures percentage of bad debts against invoiced revenue is within the tolerable variance.
• Ensures percentage of overdue invoices is within the Percentile Variance.
• Ensures that Accounts receivable turnover is healthy

4. Contributes to the overall success of the department by performing other duties as assigned by the Director of Finance or Assistant Director of Finance.

• Ensures delivery of requested duties completed in a timely manner.
• Ensures thorough and methodical in approach to duties performed and tasks are delivered within the target dates

5. Checks/reviews Request for Payment (RFP) including supporting documents

• Ensures that supporting documents for all Payment Requests are proper.
• Ensures that the average monetary value of unsettled invoices are low or within the allowable Percentile Variance.

6. Monitors Aging of Accounts Receivable

• Ensures that percentage of past due accounts receivables are within the tolerable Percentile Variance.
• Ensures accuracy of accounts receivable Ledger.
• Ensures that the monetary value of disputed invoices are kept low or within the allowable Percentile Variance.

7. Prepares/reconciles monthly summary of expenses

• Ensures that Cash on Hand and Paid Invoices are tallied/balanced on a real-time or daily basis.

8. Prepares accounting entry through Accounts Payable Voucher, filing check vouchers.

• Ensures accurate entry on the Accounts Payable Voucher/Filing Check Voucher