Conducts one or more major cash management activities.  Responsibilities may include cash management, liquidity projections, treasury operations, bank relationship management, cash accounting, short-term investing and payments. Responsible for applying policies and procedures in the timely handling, processing and deposit of cash receipts or disbursements.

Primary functions and responsibilities:

.         Manages daily cash process.

·         Originate transactions and countersign on tickets/vouchers.

·         Receive and deliver cash from/to Cash Dispatchers and coordinate Cash Dispatchers in cash consignment activities.

·         Balance and check the cash book against the general ledger and physical cash.

·         Keep dual custody of cash equivalent documents of the Bank and signatures/initials of cashiers/tellers of the Bank.

·         Deposit and withdraw cash to/from Issue Account at the National Bank of Ethiopia for replenishing vault.

·         Check the proper sorting and counting of cash notes collected from branches by Cash Dispatchers and verify the signature of Cash Dispatchers and branch cashiers/tellers on the wrapped cash notes collected from branches.

• Reviews all cash management transactions.
• Resolves cash issues in a timely manner.
• Executes daily concentration of cash and borrowing.
• Maintains account balances.
• Determines the company’s cash position and assists with cash forecasting.
• Compiles cash reports.
• Posts daily cash activities.
• Performs daily bank account reconciliation.
• Executes wire transfers and other funding necessary to balance the company’s daily cash position.
• Initiates or approves ACH transfers.
• Maintains foreign currency logs and trade settlement.
• Assists with the preparation of monthly reports.
• Performs database management in treasury workstation or Excel.
• Provides data for monthly journal entries relating to cash management activity.
• Processes miscellaneous deposit items for corporate bank accounts.
• Assists with annual budgeting analysis and work papers.
• Helps with the implementation of treasury workstation, bank software or other treasury technology.
• Performs complex transactions and resolves errors.
• Controls bank account balances and interfaces with the bank about bank service fees.
• Processed returned bank account items and distribute them to other departments, as needed.
• Reconciles all cash and investment accounts and resolves discrepancies.
• Prepares month-end cash accounting reports.
• Assists with preparing regulatory reporting- FBAR, FATCA, Dodd-Frank, SOX, etc.

• Bachelor’s degree in accounting, business, management, or finance required

Required Knowledge:

• Knowledge of cash management products
• Knowledge of MS Office including Excel and Word
• Knowledge of appropriate accounting and financial software programs, and various treasury technology

 Experience Required:   

• 4 years in finance or accounting with cash management experience
• Treasury workstation and bank software experience a plus
• Prior banking operations experience

Skills/Abilities:

• Ability to work independently
• Analytical skills
• Detail-oriented
• Presentation skills
• Organization skills
• Troubleshooting skills
• Verbal communication skills
• Written communication skills

Those who meet the above requirements should submit their short CV (maximum of 3 pages) and a cover letter (maximum 1 page) through [email protected]

 NB: Please note that only short-listed candidates will be contacted at all stages of the selection process. Hard copy or physical applications will not be accepted.

 The Bank has the right to cancel the post advertised.

Women applicants are highly encouraged to apply.