Head of Treasury

SUMMARY:
-

POSITION INFO:

The HEAD OF TREASURY is ultimately responsible for supporting the business cash requirements to ensure money is in the right place at the right time to achieve the business’ cash goals.

Treasury specific tasks include cashflow forecasting, liquidity management, day to day cash management activities, and weekly and monthly reporting. The Head of Treasury will manage 1 team member and report directly to the CFO of the business.

A micro look at the work the Head of Treasury will do:

• Oversee the treasury funding function, which includes the raising and management of various instruments in the capital market (Listed Bond program, Asset Backed securitisation, various structured loans with local and international banks, etc)
• Ensure adequate funds availability at the required times.
• Responsibility of ensuring that Treasury covenants are met at all times, which ensuring adherence to Global Treasury requirements
• Approve all remittance funding payments.
• Preparation and review of the cash flow forecast. Update the forecast with actual data and report variances and compliance with company covenants as set out with regards to the company’s bank facilities.
• Management reporting on liquidity and cashflow position
• Preparation of Treasury Forecasts and Budgets and input into Budget systems
• Management of the company’s banking relationships
• Responsibility for all banking matters – managing loan facilities and bank compliance, guarantees, investments and facilitating, maintenance and renewal thereof.
• Assist in the documentation and improvement of treasury policies and procedures.
• Represent Treasury on cross functional teams, including initiatives with Projects, Business Development to add value and drive financial performance.
• To provide Treasury support on financing, projects and operations across the organisation where Treasury representation is required.
• Management of the Intercompany transaction process, including reporting
• Managing all Forex related transactions across the business

Systems used:

• Anaplan
• Integrity
• MS Office
• Advanced Excel

This role will suit an experienced Treasury professional (CA) who has worked within the financial services industry and has some leadership and management experience. The character or learned traits needed to function in this role are assertiveness, attention to detail and a methodical approach.

Remuneration:

This role provides a competitive compensation. plus performance rewards and value adding benefits.