Head of Treasury

Job Description

Duties & Responsibilities :

Qualifications & Skills:

Qualified CA(SA)
5 – 8 years’ treasury experience of which at least three years managing a team.
Preferences would be given to someone with Treasury experience from a Financial Services provider

Job Responsibilities:

Oversee the treasury funding function, which includes the raising and management of various instruments in the capital market (Listed Bond program, Asset Backed securitization, 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.
Daily, weekly, and monthly liquidity management and ensuring cash controls are in place and maintained.
Analysis of business cashflow forecasts
Management reporting on liquidity and cashflow position
Preparation of Treasury Forecasts and Budgets and input into Budget systems (Anaplan)
Management of the company’s banking relationships
Maintaining the service level agreement between Company and the banks
Review the analysis of bank charges and interest rates applied to the bank accounts.
Act as a point of contact in respect of managing account limits and release of all payments.
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.
Assist the organisation setting and management of payment allocation.
Liaise with other functional areas on all aspects of Treasury needs, including funding, liquidity, capital, asset/liability management, foreign exchange, cash management & treasury operations.
To lead Treasury initiatives to develop and improve processes and improve efficiency.
To prepare and provide reports to senior management on Treasury matters as appropriate.
Management of the Intercompany transaction process, including reporting
Managing all Forex related transactions across the business
Responsible for all elements of the Treasury system – Integrity

Package & Remuneration :

R 1400000 – R 1700000 – Annually