Our client welcomes job applications from passionate and hard-working team players who want to be part of their ever growing family to take on a role of a Group Treasury Officer.

Key Performance Areas

• The Group Treasury Officer is responsible for corporate liquidity, investments, and risk management related to the group’s financial activities
• Forecast daily cash requirements and execute daily financing decisions
• Update daily cash management schedules to extract excess cash from units to central treasury and /or finance unit cash requirements
• Manage the repayment of / draw-down from ONL/RCF
• Manage group overdraft facilities and cash balances within the parameters stipulated by the CTA
• Continuously assess opportunities to stream-line / automate the daily cash management function
• Management of the Group facilities
• Management of group companies’ loans and deposits with central treasury
• Rolling and/or switching of facilities to save interest leakage, raising fees and commitment fees
• Settlement of interest and instalments on group facilities when due
• Prepare group financial covenant reporting for submission to lenders
• Review banking facilities letters
• Manage issuance, amendments and cancellations of guarantees and maintain group guarantees register
• Assist in raising of additional funding as and when necessary (review agreements, etc.)
• Management of short-term investment strategies
• Assess and recommend investment of excess group cash in call / money market accounts (where required)
• Preparation and submission of the group cash flow forecast
• Monthly Group Treasury reporting
• Calculation and reconciliation of treasury interest due to / from group companies
• Consolidate group interest, cash and debt for Flash reporting
• Manage treasury interest forecasting and budgeting processes
• Management of banking relationships with the local bankers
• Specifically manage all FIC requirements
• Management of credit rating agency relationships where applicable
• Monitor bank service fees and address quality issues
• Ensure compliance with the South African Reserve Bank (SARB) regulations relating to foreign payments and incoming funds
• Assist units with SARB approval applications required to effect forex payments
• Review forex deal confirmations
• Prepare annual SARB update document and manage collection of offshore and gaming information well in advance of meeting
• Ensure compliance with and recommend changes to banking and treasury policies and procedures
• Management of the group hedging process
• Monitor interest rate curves, analyze and recommend potential hedging transactions
• Recommend, implement and maintain Treasury process improvements
• Work very closely with the finance departments on all cash and treasury related processes at the units
• Assist in the standardization of limits and signatory hierarchy across the group

Required Qualifications / Experience
• Bachelor's degree in finance or accounting
• 5+ years of progressively responsible treasury experience for a major company
• Should have a thorough understanding of derivatives, hedging, investments, bank account management, and international funds flows

Skills
• Knowledge of investment portfolio strategy, banking, and financial instruments.
• General knowledge of IFRS reporting requirements for investments and other financial instruments.
• Knowledge of treasury software expertise
• Advanced analytical, organization, and interpersonal skills.
• Advanced spreadsheet and modeling skills.
• Excellent collaboration, verbal and written communication skills.
• Able to break down problems into meaningful parts and come to rational and well-thought out conclusions.
• Demonstrated strong project management skills.
• Attention to detail and accuracy.
• Interested in process improvement.
• Willing to adapt quickly to quick changes in direction.
• Internally motivated to seek out answers, generate ideas, and develop new skills

ONLY applications from South African citizens will be considered, i.e. Historically Disadvantaged Individuals (HDI) candidates.

If you have not received a response within 48 hours of submitting your resume, please consider your application as being unsuccessful