Analyst: Cash Forecasting

Details of the offer

Purpose of the position:
Responsible for the creation of realistic cash demand forecasts and replenishment plans to enable optimal cash activities for delivery against specified service requirements, costs, and risk levels. The job is ultimately accountable for optimal planning of overall Cash inventory, movement, and handling costs at acceptable service & residual risk levels.
Key duties and responsibilities -but not limited:
Cash Supply Chain Monitoring and Analysis
Assist with the planning and management of cash holding levels and inventory.Develop and maintain supply and demand forecasts at multiple levels of aggregation to support the cash planning team.Analyse and estimate funding requirements, averages, and maximum holdings.Analysis of peak and off-peak cash requirements and forecasting of future cash needs.Analysis of centre level cash holdings by denomination to reduce overall cash inventory.Monitoring and managing overnight risk limits and values.
Management Reporting
Preparation and interpretation of daily, weekly, and monthly MIS and reporting for management and operational requirements.Providing support with ad-hoc data analysis and requests.Prepare MIS for management, operational team, and cash planning functions (trend analysis, decision making, recommendations).Identification and interpretation of trends in cash utilisation and ATM activity, both on a national and regional level.Maintain live transactional ATM list.
Cost Management and Control
Support ATM channel in achieving financial targets.Design and establish new methods to improve operations and minimise costs.Monitor the execution of monthly CIT plan to ensure adherence to operational and budgetary requirements.Assist with scenario planning to optimise profitability.Medium and long-term analysis of cash demand, utilisation, and CIT activities.Determine optimal funding sourcing options to reduce wholesale CIT activity and running cash inventory at a minimum.Weekly and monthly verification of CIT activities (retail and wholesale), ensuring that the monthly plan is adhered to.Confirmation of services rendered.Provide input into annual budgeting process and ongoing reporting and tracking of actual performance to budgeted performance.
Qualifications and Experience:
Matric (Grade 12)Tertiary qualification in finance/data analysisExperience in resolving customer queries.1+ years experience in Cash and ATMsExperience in cash planning and reconValid drivers licenseAdvanced level Excel.
Knowledge, Skills & Abilities Required:
Business & Financial Acumen: Understands event financials, analysis, and performance metrics.Process Discipline: Understands process as critical to ease of execution, client satisfaction, and innovation. Is conscious of the processes; holds teamaccountable to process; reports process conflicts and/or issues; is accountable for the results of their actions (good or bad); take ownership to shows others that they can trust you to do the right thing.Risk Management: Thorough at identifying potential risks or risk analysis for probability of occurrence; working knowledge at risk elimination or reduction strategies to monitor risks and expert with risk management strategies.Critical Thinking & Sound judgement: Uses logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems. Knows when to ask for help or clarify assumptions. Identifies and implements solutions to problems.Learning Agility: Seeks out experiences that may change perspective or provide an opportunity to learn new things; enjoys experimentation, being curious and effectively dealing with the discomfort of change; pursues, responds to, and uses feedback; views failures and mistakes as an opportunity to learn; focuseson what is possible, removes barriers; is persistent, focused, patient, and respectful even during stressful situations.Digitally Savvy: Uses information in various digital formats effectively and efficiently to perform job tasks; evaluate the quality, relevance, usefulness, validity, and applicability of digital information; interpret, analyse, summarize, compare digital information. Must have solid MS Office Suite experience Word, Excel, MS Project, PowerPointNegotiation: Good negotiation skills that lead to each side sensing some satisfaction and feeling of a win situation.
Behaviours required:
Meeting customers needs: I make every effort to understand and fulfill the needs of my internal and external customers.Accepting development opportunities: I accept responsibility for my own development so that I can reach my full potential; and I jointly determine appropriate developmental activities with my manager; ORInspiring others to develop I instil in others a curiosity for new knowledge, experiences, and challenges, and help team members to create development opportunities for the achievement of their full potential.Anticipating changes: I anticipate changes in work tasks, situations, and the environment, and actively use new situations as opportunities to achieve results.Considering impact: When attempting to improve my work outputs, I consider the people and systems that will be impacted by my actions.Working interdependently: My best results are achieved when working with or through my team and, where applicable, several diverse teams across the group.Valuing teams: I value the talents of others, demonstrate commitment to my team, share important or relevant information, and contribute to the achievement of our goals.Having the confidence to achieve ambitious goals: I strive for the achievement of ambitious goals, as an individual and within teams. I ensure that my actions and decisions demonstrate a commercial mindset.Celebrating success: I celebrate success but guard against complacency, do not undermine or discredit others, or become arrogant.Building relationships: I actively build trusting and productive relationships with people at work, regardless of their cultural backgrounds, backgrounds, or viewpoints.
Conditions of employment:
A valid drivers license.Own reliable transportClear criminal and credit recordAvailable to work weekends and public holidays when required
#J-18808-Ljbffr


Nominal Salary: To be agreed

Source: Whatjobs_Ppc

Job Function:

Requirements

Financial Manager - Supply Chain

The successful candidate will play a crucial role in overseeing and managing the financial aspects of the organizations supply chain operations. Key Responsi...


Network Recruitment - Gauteng

Published 10 days ago

Finance Analyst

Ready to take the next step in your career? Join our esteemed clients in shaping their financial future. Were seeking a driven Finance Analyst to bring new e...


Network Recruitment - Gauteng

Published 10 days ago

Accountant

A well established company based in Centurion is seeking an Accountant . Duties Maintain accurate and up-to-date financial records for the organization. Reco...


Placement Point - Gauteng

Published 10 days ago

Compounding Qa In-Process Controller

Reporting to the QA TPN Release Pharmacist Main Purpose of the job: The role is responsible to provide the following: 1. Quality Assurance support throughout...


Unique Personnel Ltd - Gauteng

Published 10 days ago

Built at: 2024-11-25T22:39:22.228Z