Manager Transactional Cash Management

Vodafone

4 days ago

Description

## Role purpose

Transactional Cash Management;
Manage payments and encashment within the Purchase to Pay and Order to Cash process;
Execute payment files, direct debit files and manual payments;
Manage and resolve discrepancies;
Build, maintain and operate payment / collection systems
Manage payment authorization
Execute payment within acceptable timeframe to ensure “Paid on time” KPI is adhere to;
Reconcile automatic bank statements to the highest degree;
Follow up on aged items on bank and E-money reconciliation. Keep reconciling items on reconciliation to a minimum.
Design posting rules for the Payment System into the General Ledger;
Prepare the 90 day forward cash forecast (incorporating weekly trading information);
Support the CFO & Head of FP&A to deliver cash targets
Execution of all standard controls for Transactional Cash Management and retention of audit evidence of the completed controls
Liaise with the Group reporting team on Cash management

## TECHNICAL /FUNCTIONAL SKILLS

Accounting & compliance

To ensure that the Accounting and Information provided for decision making is accurate, timely and relevant.
To ensure Financial statements are compliant with IFRS and other reporting requirements.
Ensure that all Vodacom and Vodafone compliance requirements are met: SOX, Internal Audit, External Audit.
Manage relationships between Fin Ops and auditors

Intra-company Management:

To ensure that the intercompany process is streamlined to allow accurate accounting and effective balancing of transactions
Compliance with the billing, settlement -and reconciliation terms of the Group Intercompany Policies
Manage relationships between TCM and all other internal stakeholders involved in the intercompany process

GL Processing:

To ensure that the activities required in terms of month-end closure are effectively planned, responsibilities allocated, communicated to stakeholders and monitored by the TCM team to ensure overall reporting deadlines are achieved
Management of all activities related to Vodacash ensuring transactions are processed timeously into the General Ledger

Accounts Reconciliation

To ensure that all accounts reconciliations are performed in the Cadency tool for the Vodacash and Vodacom entity following Vodacom and Vodafone compliance requirements on the Accounts reconciliations.

## MANAGERIAL /LEADERSHIP SKILLS

Working closely with our Business partners to enable a transition to the new EVO TCM process. Moving through the phases of: Stabilisation, effectiveness and efficiency. Deliver world class.
Actively participate in critical meeting within Finops division and ensure involvement in driving key successful factor to meet stretch deadline for reporting
Support the team in resolving complex operational control issues
Ensure that there are no blockages to the provision of the future capability requirements
Ensure completion of all reconciliations on time and within Cadency tool

Develop a superior quality team:

Ensure that he recruit, develop and retain the right people for Transactional cash management
Provide business vision, clear definition of roles, responsibilities, and individual goals and performance objectives;
Set and measure KPIs for the team
Motivate, and provide ongoing technical/management training and career counselling to retain the necessary professional staff required to support the TCM environment. Also establish succession plans for team
Provide regular, constructive feedback to maximize positive impact of individual team member’s talent
Promote a ‘passion for accuracy’ and ‘continuous improvement’ mentality

The way we work :

You are open-minded, passionate and the way you work energizes others. You are committed to the timely delivery of a job well done. You behave with integrity and transparency.

## QUALIFICATION AND EXPERIENCE

## MINIMUM EXPERIENCE & ESSENTIAL KNOWLEDGE

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