Role Purpose
- Cash Management: Monitor daily cash balances and forecast cash flows in the short to medium term. Execute cash management activities including cash positioning, funding transfers, cash pooling, trade financing and short term investing.
- Treasury Operations: Execute payments in local and foreign currencies. Identify receipts and support Accounting Operations Accounts Receivable Section to match receipts. Hedge and execute foreign transactions. Invest excess funds in overnight/short term deposits. Administer and maintain e-banking and cash management systems.
- Banking Relationships: Maintain professional relationships with banks and financial institutions, including opening and closing of accounts, negotiating fees and resolving banking issues. Maintain bank account documentation, signatories and approval matrices. Maintain bank statements, letter of offers, trade facility agreements and other contractual agreements.
- Reporting and Analysis: Analyse variances between forecasts and actual cash flows in order to better understand drivers of cash inflows and improve forecasts. Prepare debt and interest accrual schedules, interest expense analysis, daily cash position, debt-equity ratio, gearing ratio and other treasury performance metrics for management review. Support Financial Planning & Analysis team on Annual Operating Plans and Strategic Plans.
- Compliance and Audit Support: Ensure compliance with approval matrix, company policies and regulatory requirements related to treasury operations. Provide support during internal and external audits, including preparing audit documentation and responding to audit queries.
- Systems and Processes: Utilise cash management system to perform treasury tasks efficiently and accurately. Assist in implementing and maintaining treasury management system. Identify opportunities for process improvements and automation.
Qualifications
- Diploma / Degree in Finance & Accounting
Competencies
Technical:
- At least 3 years of relevant experience,
- Intermediate Microsoft Office Suite
- Industry knowledge
