Job Description
Job Description
JOB PURPOSE
The Treasury Manager will be responsible for all treasury activities in the Americas & African region (SA), ranging from Front Office, Back Office & Process Excellence.
This role will report to the Head of Treasury and has no direct reports.
Job Responsibilities
Front Office:
- Daily cash actions: Cash and liquidity optimization and daily cash forecasting
- Intercompany Funding: Approve and transfer cash funds between company bank accounts to maintain sufficient levels of cash flows across the business.
- Review and implement intercompany funding requirements.
- Trade finance support: Facilitate and handle trade finance requests from the business, working closely with banking partners to issue letters of credit and confirm payments
- Cash investments: Investment of excess business cash, with support from banking partners
- Operational FX trading, to ensure sufficient balance in required currencies.
Bank regulatory compliance:
- Ensuring that all documents and processes are updated in order to comply with current laws and regulations, including Know Your Customer (KYC) documentation.
- Cash collection: Facilitation / provision of bank accounts and a cash management infrastructure for the business
- Liquidity management: Reviewing and managing the company’s ability to make payments through cash flow modelling, funding support and cash pooling strategies
- Short term cash forecasting: Treasury models the estimated cash in and out flows for the POLYVANTIS group on a short-term basis, where it forecasts up to 3 months
- Operational risk management: Ensuring that the execution of risk management policies and processes are in place, to mitigate operational risk including risk of loss resulting from inadequate or failed internal processes and systems.
- Process Excellence:
- Maintenance of treasury systems and electronic banking tools
- Support Head of Treasury on projects to improve current workflows
Payments:
- Review, approval and processing of payments (including Intercompany payments)
- In-house bank management Administration: Set up, management and maintenance of bank accounts as well bank relationships across the jurisdiction the business operates within
Administration:
- Bank statement processing and GL account clearance
- Processing of front office transactions: Processing of financing, investments and FX contracts, guarantees
- Accounting of treasury transactions
- Market data and master data maintenance
MINIMUM EDUCATION/EXPERIENCE REQUIREMENTS
- Education & Training
- University degree in finance and accounting or equivalent undergraduate Treasury degree.
Experience
- Minimum 7 years of professional experience in finance roles, including a minimum of 3 years in Treasury functions
- Knowledge of Treasury operations & cash management within an international organization.
- Knowledgeable with policies, procedures and best practices in the area of Treasury
- Good Technical knowledge and understanding of S4HANA
- General Understanding of TIS & Corima Systems (added advantage)
Competencies
- Strong stakeholder management, people management and interpersonal skills
- Good communication and presentation skills
- Excellent command of the English language
- Experience with working in virtual teams
Work Availability
Regular, predictable attendance is an essential function of this position. Applicants must be regularly available and willing to work Monday- Friday during assigned hours of operation and such other hours as the company determines are necessary or desirable to meet business needs.
We are proud to be a diverse and an equal opportunity employer. We are fully committed to a culture of respect and inclusion.
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