Banking and Treasury Accountant

General responsibilities and activities include, but is not limited to:  

1.     Ensure accurate processing of banking and treasury transactions (automatic and manual payments) and inbound receipts, and timely bank reconciliation and suspense clearing.

2.     Support cash and liquidity reporting, cashpool management and month end close activities to meet reporting deadlines.

3.     Collaborate with internal stakeholders (Payroll, AP, AR, Finance, Treasury banks) to resolve payment and reconciliation issues and maintain effective vendor/bank communications.

Key responsibilities and activities include, but is not limited to:  

1.     Match inbound receipts and payroll/T&E related payments; clear suspense and vendor accounts (including MT940 updates, manual payments, bank charges, vendor refunds).

2.     Perform automatic payment processing (standard payments, transfers and approvals) and manual payment processing (incl. transfers and approvals) according to controls and cutoffs via TIS.

3.     Reconcile bank accounts to bank statements (MT940/other bank statement formats); investigate and resolve unmatched items and post reconciliation entries in SAP ERP 6.0.

4.     Match inbound payments, post to bank/suspense accounts when required and provide exception reports/remittance details to AR for final cash application and resolution of partially paid receivables.

5.     Match outbound payments and clear suspense/vendor accounts; coordinate with banks and vendors to resolve discrepancies.

6.     Prepare and maintain bank reconciliation schedules; escalate variances to GL owners and Finance.

7.     Support foreign currency exchange risk forecasting and produce input for FX exposure reports.

8.     Perform hedge calculations, support hedging contracting processes and prepare hedge accounting calculations and postings as directed.

9.     Manage cash & cashpool activities including processing IC loans and deposits, and calculation/posting of cashpool interest, commitment fees and IC loan interest.

10.  Produce cash flow forecasts, liquidity and cash pool reporting; ensure timely delivery of scheduled reports.

11.  Update and maintain banking files and TIS inputs; handle bank charges, refunds and reconciliations.

12.  Maintain documentation, work instructions and quick reference guides; support EBT/end to end testing and system changes affecting treasury operations.

13.  Perform periodic sampling tests/self audit and support internal/external audit requests.

14.  Participate in process improvement and automation initiatives.