• Monitor the daily foreign exchange profit/loss and follow up and resolve any significant fluctuations.

• Perform a detailed analysis of underlying investments/liabilities relating to the revaluation FX profit/loss and position changes – when significant foreign exchange profit or losses are recorded.

• Perform all the Treasury month-end processes and procedures on FM Canvas / SAP in liaison with Treasury front office, Treasury middle, Treasury back-office, and IBS/Swift team.

• Review and report on monthly branch income statements to the Head of Treasury after review.

• Provide guidance/supporting explanations to Management Accounting on monthly financial treasury performance (on investments, trading and other financial instruments) for EMT write-up and quarterly board submissions..

• Address and resolve adhoc queries on treasury financial accounting: from treasury front office (positions), middle office (BoN reporting), back-office (clearing, reconciliations, posting corrections etc.), and financial treasury reports.

• Liaise with FM Canvas support team on FM Canvas queries and valuations, calculations, account assignments, configuration changes, FM Canvas processes for newly introduced products.

• Liaise with FM Canvas support team in case of FM Canvas month-end errors and “bug fixes”.

• Perform User Acceptance Testing (UAT) for new business requirements/changes in business requirements in FM Canvas module and liase with Treasury back-office/middle office/ front office teams and FM canvas Support team and SAP Support team.

• Ensure compliance to IFRS on new business requirements (e.g. new products) and liaise with FM Canvas Support on set-up of new products with configuration on the technical side (e.g. General Ledger account set-up). 

• Ensure that current products are recognised, measured, and reported in terms of IFRS. 

• Assist with the annual and interim external audits for Financial Accounting Treasury (annual report and notes, income statement and balance sheet, GL fluctuations, etc.).

• Assess the financial impact in terms of IFRS of new investment/trading treasury products to be introduced and reporting of such financial impact to Treasury and Finance.

• Maintain the Bank Windhoek chart of accounts for newly created Treasury GL accounts (Income and Balance sheet side) in terms of the GL maintenance policy. 

• Maintain and update the GL descriptions and controls (reconciliations) for Treasury GLs.

• Detailed review of monthly Treasury Back-office GL reconciliations and Treasury Foreign Currency Housebank reconciliations after sign-off by Manager: International Operations. Subsequent monthly summary reporting to Financial Manager (update on reconciliations) and reconciliations hand-over to Finance: Manager Reconciliations and Recon Specialist: Branches, Finance. 

o Deciding and Initiating Action

o Adhering to principles & values

o Writing and Reporting

o Applying Expertise and Technology

o Planning and Organising

o Entrepreneurial and Commercial Thinking

• 5 years’ experience in financial accounting and preferably treasury background

• Knowledge of the accounting systems and processing activities

• Sound knowledge of International Financial Reporting Standards

• Treasury knowledge

• Must have an aptitude for detail and critical analysis

• Excellent verbal and written communication proficiency in English

• Computer literacy (Word and advanced knowledge of Excel spreadsheets)

• Chartered Accountant qualification