Sandton: Cash Management Manager

EXPERENTIAL AND EDUCATIONAL REQUIREMENTS Qualification: BCom Degree / Banking degree 10 to 15 Years Bank and / or Corporate – Front and / or Middle office Treasury Experience Knowledge of Economic Impacts, Domestic and foreign markets Intermediate Computer Literacy (MS Office, Excel a must and SAP); Banking electronic platforms (Corporate; SWIFT, TMS, SAP, Kyriba (a plus)) Duties and Responsibilities Domestic Cash Management Management of daily liquidity for all subsidiaries Daily reconciliation of Domestic Current and call bank accounts on Kyriba Daily Management of facility Limits with Banks Ensure daily funding for maturing Foreign exchange deals Validate Bank statements are imported daily Group Cash Pooling Negotiate optimal borrowing or deposit rates with Banks Update rates on Kyriba (Bank and Intercompany rates) Daily Cash sweeping To / From Subsidiaries AD-HOC PROCESSES Manage Banking relationships [Facilities, Rates] Manage Corporate Cards [New, Replacement, Renewals] Update interest rates relating to Domestic accounts Audit and deliverables Weekly feedback to Head of Finance about all occurrences within the team Manage Electronic platforms Update Domestic Dealing Mandates Update Domestic Standard Settlements Instructions [SSI] Manage Group Policies, Standard Operating, Cash Management procedures Validate KYC and FICA as and when needed REPORTING REQUIREMENTS Complete all required reporting requirements [Daily, Weekly, Monthly, Quarterly, Annual Budget] Reconcile & Analyse monthly Bank Charges Closing Cash Position reporting Approve GL vs Bank balances Ensure forecasting is updated monthly [Local & Foreign) Reconcile, submit and recovery intercompany interest Reconciliation of Cash Pooling GL’s to Intercompany loans (Payables and receivable Ensure monthly collection of intercompany interest Loan and deposit register (Domestic) Update Card utilisation and save statements Quarterly reporting STAFF MANAGEMENT Annual Target Setting Monthly one on one sessions