Cash & Banking Administrator
2 days ago
Permanent role in East Bristol for a manufacturing company
**Your new company**
Manufacturing firm in East Bristol
**Your new role**
The Cash & Banking Administrator is primarily responsible for the day to day banking activities of various
entities, reporting to the Cash & Banking Team Lead.
Purpose of the job is to align and improve the current banking processes across all SAP systems currently used
PRINCIPAL ACCOUNTABILITIES
Daily
- To provide daily bank statements for the team to allocate incoming customer receipts
- Monitor the Cash & Banking - Payments inbox
- Process outgoing AP vendor payment runs
- Process one-off manual payments
- Ensure payments are approved by 2 online approvers each day and provide proof of payment to requester if required
- Monitor bank balances and prepare replenishment payments as and when required
- Bank reconciliations - daily/ monthly
- Deal with all bank/ payment queries
Weekly
- Ensure the KPI's are updated
- Ensure deadlines are met and SAP is updated as necessary
- Prepare Citibank payments (reverse factoring accounts)
- Self-billing reconciliations - logging queries, and allocating payments received
- Submit customer invoices onto various portals
Monthly & Quarterly
- Ensure the payment approval matrix is up to date & issued to sites
- Create any new direct debit instructions and maintain
- Bank reconciliations for all entities
- Inter-company collection for UK plants & clearings
- Cash-flow forecast
- Assist with audit requests and provide supporting evidence
Ad hoc / continuous improvement
? Continuously offer ideas and solutions on how to improve daily processes, tasks and procedures for increased efficiency or better service for all stakeholders
? Maintain and develop procedures, ensuring they are up to date and relevant and to create desktop procedures (DTP's) for each task
? Provide backup/cover for other members of the team, as appropriate
? Other ad hoc duties as required
? Sox & internal controls reviews, updates in conjunction with Internal & External audit guidelines
**What you'll need to succeed**
Formal qualifications and experience
- Knowledge of Accounts Receivable, Cash & Banking processes and how they interact
- Intermediate level Excel skills including VLOOKUPS and pivot tables
- Strong attention to detail
- Self-motivated and enthusiastic contributor
- Ability to communicate effectively at various levels of the organisation
- Planning and organisational skills, and ability to prioritise workload
- Able to work independently and as part of a team
**What you'll get in return**
- Study support
- Job progression
- Friendly team to work with
**What you need to do now**
If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.
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