Cash Management Manager

SUMMARY:
Treasury - Cash Management Manager (Sandton)

POSITION INFO:
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))

• 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

• 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

• 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

• Annual Target Setting
• Monthly one on one sessions