Treasury Manager

Location

Johannesburg

Applications Time

2024-04-26 - 2024-05-17

About the position

Position Overview:

1. Cash Management

• Monitor day to day financial activities on banking platforms, reports, and budget to ensure the company’s long term and short-term objectives are met.
• Monitor daily cash balances and ensure efficient cash flow management.
• Forecast cash needs and coordinate with various departments to ensure sufficient liquidity.
• Execute cash management strategies to optimize the use of surplus funds and minimize borrowing costs.
• Make provision for supplier payments and invoices that have not been captured on the system.
• Ensure payments of liabilities are timeous and correctly recorded.

 

2. Risk Management

• Identify, assess, and mitigate financial risks such as interest rate risk, foreign exchange risk, and credit risk.
• Develop risk management policies and procedures to safeguard the organization's financial assets.
• Monitor compliance with risk management policies and recommend adjustments as necessary.
• Research and provide strategic input to the business’s objectives.
• Keeping abreast of changes within the industry (trends, products on market, service providers, networks, research).

 

3. Investment Management

• Develop investment strategies to maximize returns on surplus cash while adhering to risk tolerance levels.
• Evaluate investment opportunities such as money market instruments, bonds, equities, and other financial instruments.
• Monitor investment performance and make adjustments to the investment portfolio as needed.

 

4. Banking relationship

• Maintain good relationships with vendors and banks, arrange for investments in align to legislative compliance and company policies.
• Negotiate banking services agreements, including pricing and terms.
• Stay informed about banking products and services to optimize banking relationships.

 

5. Financial reporting

• Work closely with the Chief Finance Officer Africa to collate data and documentation for cash forecasts, bank reconciliations, intercompany loans treasury agreements, CAPEX for projects, currency exchange and risk management.
• Provide a full accounting service to the home country business and Holding Company including accounts payable, accounts receivable, reconciliations and general accounting administration in alignment with country specific legislation and company policies.
• Prepare and submit timeous monthly, quarterly, annual and cost saving initiative reports at set deadlines targets.
• Prepare regular reports on cash flow, liquidity, and investment performance.
• Provide financial analysis and insights to senior management to support decision-making.
• Ensure compliance with accounting standards and regulatory requirements related to treasury operations.
• Accurate asset management and record keeping

 

6. Treasury operations

• Oversee treasury operations such as cash disbursements, wire transfers, and cash concentration.
• Implement and maintain treasury management systems to automate processes and improve efficiency.
• Develop and maintain internal controls to safeguard financial assets and prevent fraud.

Competencies Required to do the job

Technical Competencies

• Sage knowledge or other ERP knowledge and expertise.
• High level of numerical, analytical, conceptual skills and problem-solving skills.
• Strong level of managerial and business proficiency.
• The ability to work autonomously and hold themselves accountable.
• Proficiency in financial modeling and treasury management software.
• Knowledge of financial markets, banking products, and regulatory requirements.

 

Behavioural Competencies

• Advance communication and interpersonal skills.
• Ability to work under pressure and meet set deadlines.
• Conflict management and resolution
• Ability to work with diverse cultures.

Qualifications

• A Bachelor’s degree in commerce/Accounting/Finance. Advance degree (honours, MBA, CFA) preferred
• 3-5 years’ experience in similar role.
• 2-5 years’ experience working with multiple entities/countries.
• Expert Microsoft Office skills (Excel, Word, PowerPoint, and Outlook) skills.
• Fluent oral and written English. French will be advantageous.
• Available to travel within Africa.

HOW TO APPLY 

Interested candidates should submit their applications to clrsajobs@cerbalancetafrica.com, no later than the

17 May 2024.  Applications must include the following information: Copy of cv and qualifications, contact details, references, bio data, and expected salary package. Shortlisted candidates will undergo an Assessment test.

Thank you for expressing interest in Cerba Lancet Africa. While we value all applications received, only candidates chosen for an interview will be contacted. If you have not heard from us within 30 days, please consider your application unsuccessful. Rest assured; your information will be retained for future recruitment opportunities within the company.

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