Cape Town: Group Treasury Manager posted by Deka Minas (Pty) Ltd

About the Role

The Group Treasury Manager will support the Head of Treasury in developing and executing a comprehensive treasury management plan that aligns with business goals and objectives. This role involves leading the company’s Treasury team, providing internal liaison with financial accounting, growth, commercial teams, and business stakeholders, as well as external liaison with banking partners, regulatory bodies, third parties, and auditors.

Key Responsibilities

• Co-create and drive implementation of a comprehensive treasury management strategy that supports Group goals and objectives
• Conduct research on industry trends and best practices to ensure the Group’s treasury management practices are in line with regulatory requirements and industry standards
• Contribute to the development and implementation of policies and procedures to manage foreign currency exposure and interest rate risk
• Ensure updated Treasury standard operating procedure documentation is in place and aligned to regulatory requirements
• Establish and manage compliance controls for Treasury operations and ensure identified risks and audit findings are proactively managed
• Analyse the functionality of current systems and processes and consider whether they are fit for purpose
• Oversee complex project roll-out of treasury management systems across the group and ensure adequate training is provided
• Support the Head of Treasury in the development and implementation of financial models to support decision-making related to cash management, investments, and capital structure
• Continuously review effectiveness of cashflow forecasting tools and provide guidance and support on initiatives to automate processes to optimise Group funds
• Support the Head of Treasury in the overall management of debt and credit facilities, supporting the negotiation of loan agreements and covenants
• Build relationships with banks, investment banks, and other financial institutions to ensure the Group has access to necessary financial services and products across all corridors
• Build relationships with internal stakeholders, country managers, commercial and growth teams, and ManCo, to provide subject matter advise and partner effectively in complex expansion projects
• Prepare financial analysis and calculations for new opportunities and treasury cost savings across the Group
• Ensure group entities have adequate working capital to meet daily, weekly, monthly, and quarterly cash flow needs
• Second line review of remittance funding rolling cash flow forecast
• Management reporting on liquidity and cashflow position
• Provide Treasury support on projects and operations across the Group where Treasury representation is required
• Oversee group intercompany payments in line with regulatory requirements of each country that the organisation operates in
• Oversee annual KYC refreshers for existing banking and liquidity partners

Requirements

• Bachelor’s degree or higher qualification in Finance (Essential)
• CA (SA) or ACT qualified (Essential)
• Completed articles in the banking fintech sector (Desirable)
• Experience in working with VAS products (Desirable)
• +5 years staff managerial experience (Essential)
• Experience in treasury management (Essential)
• Proficiency in treasury management systems and financial software (Desirable)
• Exchange control experience (Essential)
• Working in a multinational group/fintech space (Desirable)
• Strong Microsoft Office skills (Essential)
• Strong understanding of financial regulations and compliance requirements
• Aptitude for working with data and financial modelling skills
• Knowledge of accounting principles
• Proactive thinking but also willing to learn and work as part of a team.
• Good organisational skills ability to manage multiple tasks at the same time.

Qualifications

No qualifications mentioned in the original job description.