Team Leader Cash Reconciliations

Remuneration and benefits will be commensurate with the seniority of the role and in compliance with company remuneration policy and practice

Job Introduction

G4S Cash Solutions (SA), a leading provider of integrated cash management solutions, has a vacancy for a Team Leader : Cash Reconciliations based at our operations in Centurion reporting to the Head: Cash Reconciliations

Role Responsibility

Reporting to the Head: Cash Reconciliations the successful incumbent is a self-starter with a proven track record in maintaining company policy, adopting best practices, and is able to exercise sound judgement in the pursuit of the achievement of the goals of the organisation, and understanding the role which the Team Leader : Cash Reconciliations plays within a successful business unit. The incumbent will be expected to be results driven and to live the values of the organisation.

Oversee the Quality control, review and support on reconciliations

Review overall quality of cash reconciliations perform at Head Office on behalf of CPCs and third parties/financial institutions
Review and monitor daily bank reconciliations
Check that the correct balances have been used in all reconciliations.
Choose random items to request and validate the entries on the recon.
Ensure that employees adhere to policies and procedures and report on non-adherence.
Assist and guide branches

Accurate, timely and completion of designated reconciliations

Counter-check that the correct balances have been used in all reconciliations at Head Office level.
Choose random items to request and validate the entries on the recon.
Review and check validity on month end recons, report non-adherence / issues
Review age analysis and follow up on anomalies
Manage the third parties/financial institutions general ledger - and treasury recons and submissions to the third party according to SLA

Resolution of queries and provision of support on outstanding reconciliation matters

Assisting Head Office Cash Recons Administrators with cash processing recons and resolving queries
Assist with daily operational / finance admin issues / queries pertaining to cash processing and related activities
Visits to branches as required
Provide training for new staff / up-skill existing staff to assist in query resolution

Management of the Compilation of reconciliation reports as per current reporting requirements

Oversee compliance of SLAs that exist with third parties for which cash recons are performed on their behalf and attending of SLA meetings.
Assist with investigations in irregularities.
Compilation of any other Group/Africa or ad hoc reports as requested
Assist with year-end audit in provision of supporting documentation and information

Staff management and development

All team members have clearly defined job profiles aligned to the profile of the manager
Ensure performance contracts are in place and regular goal reviews completed to assess achievement of results
Apply poor performance management or employee relations management principles and processes should this be required
Provide support, coaching (train) and mentoring continuously to ensure that objectives are met
Ensure completed development plans for each employee
Allocation resources appropriately to ensure operational demands are met
Ensure that events/activities taking place in team are effectively communicated within the team and to other teams requiring the information
Ensure adequate succession planning to meet ongoing and anticipated business requirements

Health and Safety

Participate in the design/ development/ review/ implementation and monitoring of the branch/region/national safety plans for each year.
Participate in safety forums created by company for example safety meetings and safety talks
Report all safety incidents to the relevant people
Discuss all safety incidents on all levels
Follow-up on any activities assigned through safety meet
ing/committee/representative/management
Attend safety education and refresher programmes
Comply with safety policies and procedures at workplace
Distribute safety information as and when required
Wear protective clothing all the time

Qualifications

The Ideal Candidate: