Sandton: Cash Management Manager posted by G-Core Capital

• 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