Following this task, I have provided insights broken down into the four sections you requested:

1. Five tips for restructuring CVs

• Lean into your accounting credentials: In my experience, hiring managers look first at qualifications. Make sure your Accounting Degree, HND, CIS and ACCA credentials are clearly outlined in your CV.
• Highlight relevant experience: Given this role involves receiving and managing cash, ensuring security of funds and doing daily banking summaries, any similar experience within your previous role should be prominently featured on your CV.
• Position yourself as detail-oriented: Highlight your organizational skills; impeccable ability to receive, check, balance and maintain monetary items and processes.
• Emphasize your integrity: This role requires the individual to handle cash and sensitive financial information. High integrity and reliability should be clearly articulated across your CV.
• Showcase your reporting skills: Since the role reports to an Accountant, including previous examples of reporting, maintaining records, and adhering to established procedures could make your CV appealing.

2. Five Areas of the job listing to take note of

• Education requirements: Accounting Degree, HND, CIS , ACCA are explicitly stated; thus should not be overlooked when contemplating your application.
• Cash handling role: Cash handling and banking are central to this role; ensure your capability and comfort in handling these tasks.
• Float management: Pay attention to the detail about keeping an 'appropriate float as guided by rate of sale', applicants must fully understand this and know how to action it.
• Reporting structure: The role reports to an Accountant; understanding this helps shape your expectations and knowledge of potential interviewers.
• Application process: Applications are submitted via email; ensure you format your application appropriately and professionally.

3. Three functions to stand out in a flooded candidate pool

• Proven cash handling skills: Candidates who have measurable achievements from previous roles (whether through successful handling of major transactions or through improvements to cash-handling procedures) will likely stand out.
• Additional certifications: Besides the required credentials, having additional qualifications especially those related to financial management or banking would be an asset.
• Company-specific knowledge: Demonstrating a clear understanding of the company and its industry can help a candidate stand out.

4. Three points novice applicants might miss

• The importance of Z reading with receipts/slips: Novice applicants often underestimate the implicit language and specifics of a niche role. Understanding the Z-reading process can help differentiate an applicant.
• Understanding the daily banking summary: Even though this is a key part of the role, it may easily be overlooked by novices. Successful applicants should ensure they know how to perform and understand DBS.
• The necessity of 'keeping appropriate float': This term refers to maintaining a certain amount of cash on hand for business operations which needs to be understood and maintained appropriately by the roleholder.

I hope this guidance aids the preparation of applicants as they seek to navigate the application process successfully.