Job Description

The Treasury Analyst/Officer will perform the daily cash management function, dealing and foreign exchange management, capturing on system, with full forex function and controls for Hollard (4 Licences and Group companies) and including Group companies.

The Treasury Dealer/Officer will be responsible for the accurate accounting and administration of Group Treasury related operation. Key contact for company credit card applications and liaison with bank.

Key Responsibilities

Cash and Liquidity Management

• Monthly sweeping/transfer of premium bank accounts
• Daily funding of claims bank accounts
• Daily funding of operational bank accounts
• Ensuring every bank account has a positive balance and download of balances daily.
• Managing and monitoring the company's day to day liquidity
• Managing and ensuring that maturities and settlements are received timeously.
• Maximising returns on cash investments :

• Dealing on Fixed Deposits, Call Deposits, Negotiable Certificate of Deposits, Repurchase Agreements

• Execution of Money Market fund decisions

Administration of the Treasury Front Office function

Treasury System

• Updating daily deals
• Reconciling and updating monthly interest on investment accounts
• Updating interest rates
• Opening and closing of new treasury accounts according to the investment instruments purchased on Treasury system.
• Training new users on Treasury system.
• Key contact with system service provider to assist in resolving any technical issues.
• Completion of Collective Investment Scheme instructions
• Creating payments and transfers on Banking Online systems: Dividends, Tax, Investments, Loans, Salaries

Administration and Accounting of Hollard Treasury Partners

• Update daily Treasury Partner call movements on the Treasury system.
• Monitor and maintain interest rates allocated to Treasury Partners on Treasury System
• Monthly Reconciliation and distribution of Treasury Partner statements to Business Units.
• Preparation of monthly Treasury Partner interest journals to be posted in the Financial System (Great Plains) and reconcile the clearing accounts.
• Follow up with Business Units regarding entries not posted on financial system.

Credit Cards

• Issuing cards to authorised employees of Hollard for business use and cancelling of cards for employees that have left Hollard.
• Maintenance of credit cards limits, increase or decrease according to requests from management.
• Maintenance spreadsheet of active credit card users and reconcile with bank.
• Being a liaison for Hollard with the Credit card division at the bank.
• Contact bank to investigate fraudulent activities on company credit cards. Cancel and reissue cards.

Reporting

Work alongside Treasury Manager in

• Preparing weekly Treasury cash position reports for investment or disinvestment decisions
• Preparing quarterly reports of list of bank accounts to submit to the bank for Set-off agreement purposes.
• Preparing quarterly list of Broker accounts swept & funded by Treasury to be shared with Financial Business Partners
• Any other reporting that would be beneficial for analysis purposes and/or creating efficiencies within the Treasury Department and Hollard Group
• Maintaining a list of current accounts and the purpose thereof
• Reporting to the Bank relationship Officer of dormant accounts and consider closing after discussion with Business Unit.
• Reporting the new bank accounts that could be swept or funded.
• Analysis of bank charges incurred in each bank account and submit report monthly to management.

Hollard