Job Description:
• Cash Management: handling the daily cash activities of the Company, including preparing Payments orders , cash payments, monitoring cash balances, forecasting cash needs, and ensuring adequate liquidity to meet financial obligations.
• Cash Forecasting: Developing cash flow forecasts to project future cash requirements based on historical data, upcoming expenses, this helps management plan for any potential cash shortages or surpluses.
• Aging Analysis: Monitoring the aging of accounts payable to track outstanding balances and assess payment trends. Analyzing aging reports to identify overdue invoices, prioritize payments, and manage cash flow effectively.
• Financial Record Keeping: maintaining accurate and up-to-date financial records for the cash payments, cos of sales and expenses, This includes recording transactions, Filling , updating ledgers, and reconciling accounts.
• Accruals and Prepaid Expenses: Recording accruals for expenses that have been incurred but not yet invoiced, as well as prepaid expenses that have been paid in advance. Ensuring that accruals are accurately reflected in the financial statements.
• Bank Reconciliation: Performing regular reconciliations of bank accounts to ensure that recorded transactions match bank statements.
Identifying and resolving discrepancies in a timely manner to maintain accurate financial records