Supervisor, Cash Management

DSV - Global transport and logistics

In 1976, ten independent hauliers joined forces and founded DSV in Denmark. Since then, DSV has evolved to become the world's 5th largest supplier of global solutions within transport and logistics. Today, we add value to our customers' entire supply chain by transporting, storing, packaging, re-packaging, processing and clearing all types of goods. We work every day from our many offices in more than 80 countries to ensure a steady supply of goods to production lines, outlets, stores and consumers all over the world. Our reach is global yet our presence is local and close to our customers. Read more at www.dsv.com

Location: Kempton Park

Job Posting Title: Supervisor, Cash Management

Time Type: Full Time

MAIN PURPOSE OF THE ROLE

The Supervisor is to ensure that they support both the Process Specialists and Manager in their assigned areas. This includes, but is not limited to, management of staff, reporting as well as process compliance and improvements. The Supervisor is responsible for managing the relationship between DSV and various banking institutions.

The Supervisor is to ensure that all DSV Facilities, SARB Applications, Asset Based Finance Agreements etc. is always reviewed & updated as needed and compliant

Tertiary Qualification(s)

Finance or banking related qualification - Advantageous

Financial Qualification (diploma, degree) - Advantageous

Computer Literacy Level

MS Word, Excel, PowerPoint & Outlook - Advanced

Additional Computer Skills

• SAP
• Cargowise1
• Online Banking Portals

Job-related Requirements

• Experience in Cash Management/Treasury, including managing relationships with banking institutions and/or
• 2 years creditors experience and/or
• 2 years experience in an operation finance role and/or
• 2 years experience in a treasury/cash management role and
• 2 years experience in leading/managing a team
• People Management Experience
• Excellent communication skills
• Highly organized and good time management skills
• High level of problem solving skills analytical ability
• Attention to detail
• Ability to work in a diverse team as well as be self-driven
• The ability to explain transactions using T-Accounts
• Extensive knowledge of cash management & treasury functions
• Understand and explain accounting principles and concepts
• Knowledge of Reserve Bank Regulations in South Africa as well as Sub Saharan African countries
• Knowledge of Bank Guarantees
• Understanding of Asset Based Finance processes

MAIN PURPOSE OF THE ROLE

The Supervisor is to ensure that they support both the Process Specialists and Manager in their assigned areas. This includes, but is not limited to, management of staff, reporting as well as process compliance and improvements. The Supervisor is responsible for managing the relationship between DSV and various banking institutions.

The Supervisor is to ensure that all DSV Facilities, SARB Applications, Asset Based Finance Agreements etc. is always reviewed & updated as needed and compliant

Duties & Responsibilities

• Ensure cash availability is reviewed daily and concerns escalated
• Accurate Cash Forecasting
• Ensure RSSC and all business units/countries are compliant with all local and global policies
• Accurate and on time month end reporting
• Ensure all Online Banking & Cheque Payments are captured in the Financial System (where RSSC is responsible for this) within 24 hours of making payment
• Ensure all Treasury Payments and Receipts are captured in the Financial System (where RSSC is responsible for this) within 48 hours of making payment
• Ensure accurate matching of payments/receipts takes place
• Maintain user access across all banking platforms
• Maintain signatories across all DSV Accounts with the various banking institutes
• Ensure all DSV Guarantees with banks and other institutions are valid and renewed/cancelled when needed.
• Ensure that the team arranges signatures and submitting of Asset Based Finance Agreements as per requirements and policies
• Reviewing of all Facilities (Overdrafts, Guarantees, ABF, loans etc.) to ensure that sufficient limits are available
• Reviewing and renewing of all exchange control applications
• Ensure that all manual/urgent payments are done within the agreed timeframes and all payments are compliant with the policy
• Provide supporting documentation and any other reports required for Audit purposes
• Perform Root Cause Analysis of any errors that occur or problem areas
• Perform any ad-hoc duties as required by immediate supervisor or management
• Ensure all payments are made as per agreed timelines
• Ensure compliance from a Cash management and Accounts Payable point of view for the DSV Healthcare Order to Cash process

Disclaimer: Due to the high volume of applications received, only shortlisted candidates will be contacted. Should an external candidate not hear from us within four (4) weeks following their application, they should consider their application unsuccessful. Strictly fair and non-discriminatory selection procedures will be followed. We use Affirmative Action (AA) measures in an endeavor to redress the disadvantages in employment experienced by designated groups. Where possible, preference will be given to candidates from the designated groups as defined in the Employment Equity Act and in line with DSVs Employment Equity plans. DSV reserves the right to defer or close a vacancy at any time.