Recruitment-room Volunteers
Cash Forecasting and Planner
Job Description
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 EasyPay 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 analysis
- Experience in resolving customer queries.
- 1+ years’ experience in Cash and ATMs
- Experience in cash planning and recon
- Clear criminal and credit record
- Contactable via own mobile phone
- Valid driver’s license
- Experienced in MS Office suite – advanced level Excel.