Bank and Cash Supervisor Job at Adams & Adams

Job Purpose

• The Bank and Cash Supervisor is responsible for overseeing the efficient, accurate, and secure management of all banking and cash-related activities across the organisation. This includes daily treasury operations, cash flow and liquidity management, banking relationships, foreign exchange management, financial controls, and compliance with regulatory frameworks.
• The role requires strong leadership capability, deep understanding of legal accounting and treasury best practices, and a commitment to operational excellence and risk mitigation.

Key Skills, Knowledge and Competencies:

• Strong leadership skills with the ability to manage, coach, and upskill a high-performing treasury team.
• Solid understanding of treasury operations, cashbook management, banking best practices, foreign exchange, and legal accounting.
• Knowledge of regulatory frameworks including the Legal Practice Act, LPC Rules, FICA, SARB Exchange Control Regulations, FATCA, and AML requirements.
• Ability to interpret financial data, resolve reconciliation issues, and identify trends and improvement opportunities.
• Excellent written and verbal communication skills, with the ability to interact professionally with partners, staff, and external banking stakeholders.
• High level of accuracy in financial processing, bank reconciliations, FX management, and documentation.
• Advanced proficiency in Microsoft Excel, Word, Outlook and the ability to quickly learn financial and legal accounting systems.
• Ability to work under pressure, meet deadlines, and manage competing priorities effectively.

Key Responsibilities:

• Lead, manage, and develop the Bank & Cash team, ensuring strong performance, accuracy, and continuous upskilling.
• Oversee daily banking operations including reconciliations, cash flow forecasting, liquidity planning, and trust account management.
• Assist finance teams with Aderant receipt, payment, and transfer queries.
• Manage and maintain Nedbank beneficiary listings, ensuring alignment with Aderant vendor records and applying due diligence protocols for activations and deactivations.
• Optimise vendor payment cycles to improve efficiency and reduce cost and processing effort.
• Oversee foreign currency management across multiple accounts.
• Manage the end‑to‑end lifecycle of Foreign Exchange Contracts (FECs), including fund availability, contract fulfilment, and identification of foreign currency conversion opportunities.
• Monitor foreign bank balances and advise on opportunities to sell foreign currency.
• Ensure compliance with all regulatory and governance frameworks, including the Legal Practice Act, LPC Rules, FICA, SARB Exchange Control, FATCA, AML, and internal controls.
• Collaborate with internal teams and banking partners to resolve queries and drive continuous process improvement.
• Support internal and external audits, fraud monitoring, risk reviews, and regulatory submissions.
• Maintain strong internal controls and drive process enhancement within treasury operations.
• Liaise with partners and staff on treasury processes, including payments, investments, and trust account requirements.
• Approve newly created bank beneficiaries in accordance with internal due diligence procedures.
• Serve as a bank approver during periods of high volume or team leave.
• Manage client trust balances, ensuring Section 86 Legal Practice Act compliance.
• Maintain and continuously update all treasury-related policies, procedures, and SOPs.
• Ensure bank operator and signatory listings across all banking platforms remain accurate and up to date.

Education

• BCom Degree (Accounting or Banking), preferred.

Experience

• Minimum 5+ years in a supervisory or cashbook/treasury role, ideally within a law firm or professional services environment.
• Experience with legal accounting systems is advantageous.
• Clear criminal and ITC checks are required.

Job Specific Competencies

• Team Leadership & Management
• Building Collaborative Teams
• Operational Efficiency
• Account & Client Management
• Process Improvement & Compliance
• Communication & Stakeholder Management