Brackenfell: Treasury Lead

Finance Department Location: Bottelary Road, Koelenhof, Stellenbosch Reports to: General Manager – Finance About the role An international commodity trading business is seeking a Treasury Lead to manage day-to-day treasury operations and support trading activities through effective cash management, funding oversight, FX execution, and strong banking controls. This is a junior to mid-level management role combining hands-on execution with oversight of treasury processes, liquidity management, and compliance in a fast-paced, multi-currency trading environment. The role works closely with Global Treasury, Finance, Trading, and Banking partners. Key responsibilities Cash & liquidity management Manage daily cash positioning across multiple entities, banks, and currencies. Consolidate daily cash and short-term debt balances and provide visibility by bank, currency, and legal entity. Prepare and maintain short- and medium-term cash flow forecasts. Identify surplus cash, overdraft positions, and liquidity gaps. Execute cash movements to optimise group liquidity and minimise borrowing costs. Maintain appropriate liquidity buffers and apply interest-rate considerations to cash usage decisions. Treasury operations & controls Oversee timely execution of payments and settlements in line with treasury policies. Manage online banking portal access and user controls. Maintain strong reconciliation processes and audit trails across all treasury activities. Monitor banking services and costs, managing day-to-day bank relationships. Stay current on payment fraud risks and mitigation practices. Funding & debt management Manage internal and external funding facilities, including availability and utilisation. Decide on drawdowns, repayments, and refinancing activities. Monitor compliance with facility terms, covenants, and limits. Record interest costs accurately in the general ledger. FX exposure & settlement Identify, monitor, and manage FX exposures arising from operations, funding, and intercompany activity. Execute FX hedging, rollovers, and settlements in line with exposure profiles and liquidity forecasts. Reconcile FX trades and settlements between treasury systems, trading systems, and bank confirmations. Ensure FX settlements align with confirmed same-day cash flows and cut-off times. Reporting, compliance & regulation Support treasury reporting and compliance requirements locally and within the wider group. Maintain accurate databases of bank accounts, mandates, and supporting documentation. Manage KYC processes and related requests from financial institutions. Liaise with banks’ exchange control teams and ensure compliance with South African exchange control regulations. Coordinate submission of documentation for exchange control approvals and monitor settlement timelines. Team & stakeholder management Lead and develop junior treasury staff, promoting strong controls and policy adherence. Act as an escalation point for operational or technical treasury issues. Support process improvements and automation initiatives within treasury. Work closely with Global Treasury, Finance, Trading, and external stakeholders. Requirements Bachelor’s degree in Accounting. Minimum 5 years’ experience in a treasury role. Strong understanding of FX risk, FEC hedging, and settlement processes. Solid knowledge of bank facilities, covenants, and funding structures. Experience with South African exchange control and regulatory requirements. Strong accounting knowledge, with an understanding of treasury impacts on the income statement and balance sheet. Advanced Excel skills and strong numerical and analytical capability. Proficient in Microsoft Office 365, Teams, and SharePoint. Self-starter with strong problem-solving ability and a mindset for process improvement and automation. Clear communication skills and confident escalation when required. High standards of integrity, professionalism, and ethical conduct. Advantageous experience Exposure to Power BI or treasury process automation. Experience in a multi-currency, multi-entity commodity trading environment. Culture and values The organisation values respect, accountability, passion, collaboration, excellence, agility, and integrity. You’ll be part of a team that values ownership, transparency, continuous improvement, and professional development.