Hybrid Cash and Banking Administrator

at Houst

• Job title: Cash and Banking Administrator
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: ZAR 15,000 - ZAR 20,000 per month
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Cape Town, South Africa

About the role

• Cash and Banking Administrator managing accounts payable and cash flow forecasts in Cape Town. Ensuring financial efficiency and collaborating with finance teams.

Responsibilities

• Verify and approve invoices for accuracy, compliance, and required approvals.
• Ensure timely and accurate entry of invoices into accounting systems.
• Manage and execute payments to ensure completion within agreed terms.
• Oversee multiple payment methods across different currencies, minimising FX transaction fees.
• Monitor and manage working capital and coordinate payment schedules.
• Assist in preparing accurate and timely cash flow forecasts.
• Manage currency holdings to optimise financial efficiency.
• Ensure accurate and complete financial records during month-end close.
• Maintain accounts payable reports, including aging reports, for management review.
• Identify and implement process automation to enhance efficiency in accounts payable and cashflow management.
• Develop and maintain financial controls to ensure accuracy and consistency.
• Implement controls to detect and prevent fraud within payment processes.
• Regularly assess financial risks and recommend mitigation strategies.
• Work closely with finance and operations teams to ensure accurate reporting and smooth workflows.
• Address and resolve escalated accounts payable issues.
• Provide financial support and insights to internal stakeholders.

Requirements

• Proven experience in a finance role, typically 3+ years.
• Degree in Finance; a professional qualification is preferred.
• Experience with invoice processing, payment runs, and bank reconciliations.
• Strong understanding of accounting principles and standards (e.g., IFRS or GAAP).
• Experience supporting month-end close processes and preparing financial reports.
• Background in working with financial controls and compliance frameworks.
• Proficiency in accounting software (e.g., Xero, QuickBooks, Sage).
• Strong Excel skills, including VLOOKUPs, pivot tables, and reconciliations.
• Ability to identify and implement process improvements, particularly in automation.
• Understanding of cash flow management and working capital principles.
• Exposure to multi-currency environments and international payment processes.
• Knowledge of compliance and regulatory frameworks relevant to accounts payable.

Benefits

• 23 days paid holiday days (plus public holidays)
• An extra day off for your birthday - because who wants to work on their birthday?
• Hybrid working model
• Opportunities to innovate
• Better Help coverage for mental health support
• Laptop - for business use