Group Treasury Specialist
Reference: DUR002710-SN-1Our client, a wholly-owned subsidiary of a listed company in the UK, currently has a 6 month contract for a Group Treasury Specialist.Reporting to the Group Treasury Head, you will be responsible for the management of the treasury risks across the Group, including compliance, finance costs, liquidity and foreign exchange exposure.
The Person:
B.Com or equivalent
Qualification as a CA or CFA.
5+ years'experience in Financial Management.
Min 3 to 5 years' experience in Corporate Treasury/Banking.
Financial, treasury, company law, taxation and exchange control regulation experience.
Advanced proficiency in MS Office.
The Job:
Risk Management & Compliance:
Assess interest rate, currency exposure and liquidity risk of the Group through the development and/or use of risk management tools.
Monitor banking covenants across the Group.
Work with Legal and Tax teams negotiating funding facilities and ensuring compliance with regulatory frameworks.
Oversee a register of all Group facilities, guarantees, letters of comfort, security, SARB applications and other similar obligations for monthly monitoring and control purposes.
Manage the compilation, maintenance and application of the Group Treasury Policy.
Technical & Reporting:
Work with the Group Financial Manager to provide technical accounting guidance and support related to treasury instruments including hedge accounting.
Assist the Group Financial Manager in rolling out and implementing new and revised treasury related accounting standards and policies across the Group.
Manages the Groups treasury reporting including but not limited to the preparation of monthly reports, treasury disclosures and reports for the interim and year end, and attends to all reporting queries.
Business Partner:
Assist Head of Treasury with business partnering and project work as required, determining the feasibility of funding scenarios and making recommendations for optimal solutions.
Assist Head of Treasury with fund raising activities (debt and equity) for approved projects or acquisitions with providers of funding in collaboration with Country Treasury teams and Group Treasury.
Co-ordinate and manage the greenhouse gas verification and reporting within the Group.
Provide net working capital insight into opportunities or risks within the Operations.
Promote a planned, systemic and standardised approach to treasury that aligns business resources to deliver strategy.
Maintain and develop relationships with Finance and Reporting teams across the whole Group.
Maintain and develop relationships with banking institutions understanding the relative strength of each bank.
Corporate Treasury:
Manage, coach and develop the Treasury Accountant at Head Office.
Manage the Group office liquidity and finance costs and related forecasts.
Review journals and reconciliations and ensure appropriate treasury controls are in place and adhered to.
Ensure hedging strategy is adhered to and manage controls around hedge execution and recording.
Oversee and manage the Group Office internal controls for treasury and engage with Internal Audit on audit planning and execution.
Competencies:
Technical accounting knowledge of financial instruments, including treasury instruments.
Sound business acumen, with the ability to anticipate and interpret changes impacting on functional area, and the ability to contributes beyond their own functional area.
Strong analytical and numerical skills and a high level of administrative and reporting skills, with attention to detail.
Trustworthy, and a reputation for discretion and integrity.
Well-developed interpersonal and communication skills.
Proven track record in effectively engaging, influencing and negotiating with key stakeholders.
A pro-active self-starter, with a proven track record in achieving results, and the ability to work in a pressured and deadline driven operating environment.
Ability to operate independently across different countries and cultures, and preparedness to travel to all entities.
R75 000.00 per month (cost to company) - neg.
The Person:
B.Com or equivalent
Qualification as a CA or CFA.
5+ years'experience in Financial Management.
Min 3 to 5 years' experience in Corporate Treasury/Banking.
Financial, treasury, company law, taxation and exchange control regulation experience.
Advanced proficiency in MS Office.
The Job:
Risk Management & Compliance:
Assess interest rate, currency exposure and liquidity risk of the Group through the development and/or use of risk management tools.
Monitor banking covenants across the Group.
Work with Legal and Tax teams negotiating funding facilities and ensuring compliance with regulatory frameworks.
Oversee a register of all Group facilities, guarantees, letters of comfort, security, SARB applications and other similar obligations for monthly monitoring and control purposes.
Manage the compilation, maintenance and application of the Group Treasury Policy.
Technical & Reporting:
Work with the Group Financial Manager to provide technical accounting guidance and support related to treasury instruments including hedge accounting.
Assist the Group Financial Manager in rolling out and implementing new and revised treasury related accounting standards and policies across the Group.
Manages the Groups treasury reporting including but not limited to the preparation of monthly reports, treasury disclosures and reports for the interim and year end, and attends to all reporting queries.
Business Partner:
Assist Head of Treasury with business partnering and project work as required, determining the feasibility of funding scenarios and making recommendations for optimal solutions.
Assist Head of Treasury with fund raising activities (debt and equity) for approved projects or acquisitions with providers of funding in collaboration with Country Treasury teams and Group Treasury.
Co-ordinate and manage the greenhouse gas verification and reporting within the Group.
Provide net working capital insight into opportunities or risks within the Operations.
Promote a planned, systemic and standardised approach to treasury that aligns business resources to deliver strategy.
Maintain and develop relationships with Finance and Reporting teams across the whole Group.
Maintain and develop relationships with banking institutions understanding the relative strength of each bank.
Corporate Treasury:
Manage, coach and develop the Treasury Accountant at Head Office.
Manage the Group office liquidity and finance costs and related forecasts.
Review journals and reconciliations and ensure appropriate treasury controls are in place and adhered to.
Ensure hedging strategy is adhered to and manage controls around hedge execution and recording.
Oversee and manage the Group Office internal controls for treasury and engage with Internal Audit on audit planning and execution.
Competencies:
Technical accounting knowledge of financial instruments, including treasury instruments.
Sound business acumen, with the ability to anticipate and interpret changes impacting on functional area, and the ability to contributes beyond their own functional area.
Strong analytical and numerical skills and a high level of administrative and reporting skills, with attention to detail.
Trustworthy, and a reputation for discretion and integrity.
Well-developed interpersonal and communication skills.
Proven track record in effectively engaging, influencing and negotiating with key stakeholders.
A pro-active self-starter, with a proven track record in achieving results, and the ability to work in a pressured and deadline driven operating environment.
Ability to operate independently across different countries and cultures, and preparedness to travel to all entities.
R75 000.00 per month (cost to company) - neg.
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