A person working as a Cash Management Officer in South Africa will on average earn $8673 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $8,673.00 |
| Weekly salary | $166.79 |
| Daily salary | $23.76 |
| Hourly salary | $2.97 |
This means cash management officer salary is above average!
Job Industry: banking
Description: A cash management officer is responsible for overseeing and managing the daily cash flow operations of a company. They ensure that there is enough liquidity to meet financial obligations, while also maximizing returns on excess funds. Their main duties include monitoring cash balances, forecasting cash needs, managing bank accounts, initiating and approving payments, and reconciling cash transactions. The cash management officer works closely with the finance team to develop cash management strategies, optimize cash flows, and mitigate risks. They are also responsible for maintaining relationships with banks and other financial institutions, negotiating terms and conditions, and staying updated on industry trends and best practices.
Tagged with: cash management, liquidity management, cash flow forecasting, payment processing, financial operations, risk mitigation