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

Job Summary

Job Description
To support the Head of Treasury in the development and execution of a comprehensive treasury management plan that supports business goals and objectives. The successful individual will lead the companys Treasury team responsible for group cash flow forecasting, liquidity management, daily cash management activities, periodic reporting as well as other treasury specific ad hoc tasks.
Internal Liaison takes place with the financial accounting, growth, commercial teams and business stakeholders. External liaison takes place with banking partners, regulatory bodies, third parties and auditors.

This individual will form a key role in the journey to transform the team into a World Class treasury function including driving best practice and personal development of their direct reports.

Duties And Responsibilities (Include But Is Not Limited To)

• Co-create and drive implementation of a comprehensive treasury management strategy that supports the Group goals and objectives
• Conduct research on industry trends and best practices and 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 the current systems and processes and consider whether 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 the 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.
• Responsible for ensuring 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
• To 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.

Key Requirements

• Bachelors 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.
• Commercial cash and debt facility management experience

Please note that by submitting your personal information to Deka Minas you free-willingly issue the business consent to make use of such data for the specific purpose of securing you either permanent or temporary employment. Our business makes use of a POPIA compliant database and you have the right to access, right to correction and right to deletion of your personal information

Group Treasury Manager position available in Western Cape, Cape Town. This job position was posted by Deka Minas (Pty) Ltd. The job has been posted as a premium ad on 2024-09-16 at 13:05:32 in the Professions category

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