Cash & Banking Clerk

Purpose of the Job

The purpose of the Cash & Banking Clerk is to timeously and accurately process reconciliations of the stores’ cash deposits to the cash tendered. The role participates in the effective handling of store and customer queries relating to cash and banking reconciliation, as well as verifying the accuracy and completeness of the cash transactions and reconciling the relevant cash accounts. Reporting to the Cash and Banking Team Leader, the role is accountable for participating in the required support activities.

Job Objectives

Reconcile the stores’ cash deposited to the cash tendered and follow-up on any discrepancies regarding missing tenders, deposits, receipts or petty cash entries. Report unreconciled transactions and resolve reconciliation queries. Correspond with the branches on reconciliation discrepancies and escalate differences to the division where necessary. Match and reconcile clearing accounts by utilising the various store reports available. Ensure requested documents are available and legible for follow-ups on queries. Ensure clearing accounts are balanced and cleared at month end. Maintain accurate financial records. Conduct accurate and efficient management of stakeholder details in accordance with company policies, PCI, FICA and POPIA guidelines. Respond by phone and e-mail to stakeholder queries correctly and timeously in a professional manner. Ensure that all daily, weekly and monthly duties and deadlines are met consistently. Perform ad hoc administrative tasks - as required.

Qualifications

• Grade 12 / Matriculation- (essential)
• Diploma in Accounting, Finance or equivalent - (highly beneficial)

Knowledge and Skills

• Microsoft 365 – Outlook with key focus on Excel skills - (essential)
• Exposure to and an understanding of corporate and retail orientated environments - (preferred)
• +2 years of relevant experience in a financial, administrative or similar role - (essential)
• Accounting package exposure to SAP - (preferred)
• Additional exposure and understanding of the below areas will be considered as highly beneficial:
• Procedures and risks related to POS (Point of Sale) cash reconciliation processes
• Transaction reconciliation