Treasury Manager

SUMMARY:
-

POSITION INFO:
TREASURY MANAGER Department: Finance Industry: FMCG \/ Corporate Finance Position: Treasury Manager Role Purpose Our client, an established organisation operating within the FMCG sector, is seeking an experienced Treasury Manager to oversee treasury operations, cash flow management, liquidity, funding, banking relationships and financial risk management. The successful candidate will be responsible for ensuring sufficient liquidity to meet operational and strategic objectives, managing financial obligations, optimising working capital and maintaining strong financial controls. This role requires a commercially minded finance professional with strong analytical abilities, excellent attention to detail and experience in corporate treasury operations. Key Responsibilities Treasury & Cash Flow Management Manage daily cash flow requirements to ensure sufficient liquidity for business operations. Monitor short-, medium- and long-term cash positions. Prepare and maintain a 13-week rolling cash flow forecast. Produce daily cash position and liquidity reports. Forecast borrowing requirements and communicate funding needs to management. Conduct borrowing and investment analyses. Collaborate with internal departments to assess future funding requirements. Oversee funding commitments, loan reporting and scheduled payments. Optimise debtor and creditor working capital days. Banking & Payment Operations Review and approve local and international payments. Manage intercompany and interbank fund transfers. Oversee daily cash sweeping where applicable. Maintain banking relationships, mandates, account structures and authorised signatories. Resolve banking queries relating to payments, loans and treasury transactions. Review banking charges, interest calculations and guarantee fees. Identify opportunities to reduce banking costs. Oversee corporate credit card and fleet reconciliations. Manage banking exceptions relating to payroll transactions. Foreign Exchange & International Transactions Manage foreign exchange requirements and exposures. Monitor foreign currency transactions and recommend appropriate hedging strategies. Oversee foreign currency purchases and settlements. Manage Letters of Credit, including issuance, amendments and settlements. Ensure accurate import and export documentation. Maintain compliance with South African Reserve Bank exchange control regulations. Prepare and submit applications relating to foreign payments and guarantee fees. Ensure compliance with applicable anti-money laundering and banking regulations. Financial Reporting & Reconciliations Review daily bank reconciliations and resolve discrepancies. Work closely with accounting teams to ensure accurate financial records. Oversee bank general ledger uploads and journal entries. Prepare monthly treasury and debt reports. Maintain accurate foreign exchange rates within SAP. Monitor treasury-related financial risks and implement appropriate controls. Ensure accurate reporting of loans, interest, banking fees and funding arrangements. Risk Management & Process Improvement Identify and mitigate treasury and financial risks. Develop and maintain effective internal controls. Improve cash management processes, treasury systems and reporting procedures. Support the implementation and enhancement of treasury management systems. Provide treasury-related guidance and training to internal teams. Collaborate with finance and operational stakeholders to improve efficiency. Qualifications & Experience Essential Requirements Bachelor's degree (3 years), NQF Level 7. Up to 5 years of relevant operational experience within FMCG, corporate finance or treasury operations. Familiarity with corporate treasury functions, banking and liquidity management. Proficiency in Microsoft Excel, Word and PowerPoint. Working knowledge of SAP. Strong financial analysis and reporting capabilities. Understanding of cash flow forecasting, financial controls and reconciliations. Key Competencies Excellent analytical and problem-solving skills. Strong financial and commercial acumen. Exceptional attention to detail and accuracy. Effective planning and organisational skills. Ability to manage multiple priorities and deadlines. Strong communication and stakeholder management abilities. Sound decision-making and risk assessment skills. High levels of integrity, professionalism and confidentiality. Ability to work independently and collaboratively across departments. Ideal Candidate The ideal candidate is a detail-oriented and proactive finance professional with experience in treasury operations, cash management and corporate banking. They should demonstrate strong technical financial knowledge, an understanding of treasury risk management and the ability to improve processes while maintaining regulatory compliance. Experience within a fast-paced FMCG or corporate environment will be advantageous.