Banking and Treasury Accountant
Banking and Treasury Accountant
ROCKWOOL GroupFresher
- Posted 10 hours ago
- Be among the first 10 applicants
Job Description
General responsibilities and activities include, but is not limited to :
- Ensure accurate processing of banking and treasury transactions (automatic and manual payments) and inbound receipts, and timely bank reconciliation and suspense clearing.
- Support cash and liquidity reporting, cashpool management and month end close activities to meet reporting deadlines.
- Collaborate with internal stakeholders (Payroll, AP, AR, Finance, Treasury banks) to resolve payment and reconciliation issues and maintain effective vendor/bank communications.
- Match inbound receipts and payroll/T&E related payments; clear suspense and vendor accounts (including MT940 updates, manual payments, bank charges, vendor refunds).
- Perform automatic payment processing (standard payments, transfers and approvals) and manual payment processing (incl. transfers and approvals) according to controls and cutoffs via TIS.
- Reconcile bank accounts to bank statements (MT940/other bank statement formats); investigate and resolve unmatched items and post reconciliation entries in SAP ERP 6.0.
- Match inbound payments, post to bank/suspense accounts when required and provide exception reports/remittance details to AR for final cash application and resolution of partially paid receivables.
- Match outbound payments and clear suspense/vendor accounts; coordinate with banks and vendors to resolve discrepancies.
- Prepare and maintain bank reconciliation schedules; escalate variances to GL owners and Finance.
- Support foreign currency exchange risk forecasting and produce input for FX exposure reports.
- Perform hedge calculations, support hedging contracting processes and prepare hedge accounting calculations and postings as directed.
- Manage cash & cashpool activities including processing IC loans and deposits, and calculation/posting of cashpool interest, commitment fees and IC loan interest.
- Produce cash flow forecasts, liquidity and cash pool reporting; ensure timely delivery of scheduled reports.
- Update and maintain banking files and TIS inputs; handle bank charges, refunds and reconciliations.
- Maintain documentation, work instructions and quick reference guides; support EBT/end to end testing and system changes affecting treasury operations.
- Perform periodic sampling tests/self audit and support internal/external audit requests.
- Participate in process improvement and automation initiatives.
More Info
Key Skills
liquidity reporting
foreign currency exchange risk forecasting
cashpool management
SAP ERP 6.0
MT940
TIS
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