JOB DETAILS:

Job purpose

The Treasury officer will take lead in bank and cash management across the organization. This role will be responsible for managing daily cash operations, forecasting cash flow, maintaining strong banking relationships, supporting liquidity management, and ensuring compliance with internal policies and external regulations.

Duties and responsibilities

Controllership

• Collaborate with FC to ensure adherence to all banking control policies and processes.
• Take. full responsibility for managing all financing facilities, including meticulous tracking, comprehensive reporting, and in-depth analysis.
• Ensure accurate interest computations, timely settlement of obligations, and correct postings within the ERP system.
• In coordination with respective Unit accountants and cashiers, ensure accuracy for all bank & cash data entry in ERP.
• Prepare accurate and timely treasury reports for internal and external stakeholders.

Performance Manager

• Analyse all facilities and ensure optimal leverage / usage of all lines in the business
• Maintain cashflow analysis and ensure reporting of all cashflow movements to the group. This involves monitoring and managing daily cash positions and forecasts ensuring adequate liquidity for operational needs.
• Work with banks to ensure FX trading rates booked are approved and are competitive
• Provide working capital and overall resource usage qualitative analysis to enable stakeholders make optimal decisions on usage.
• Ensure all financial & non-financial covenants of running facilities are tracked on a daily/ weekly/ monthly and quarterly basis and report as appropriate.
• Ensure there is timely invoicing for all sales made backed up by daily reconciliation of Goods in transit, intercompany receivables and ERP receivable balances

Value manager

• Ensure optimal utilization of existing facilities.
• Work with FC and Senior Accountant to ensure all residual and inherent risks in cash and bank are mitigated appropriately for value retention.
• Support leadership team to maximize value through lower interest payouts and better negotiated facilities.

Strategic Partnering

• Responsible for all data collation for potential and existing financing facilities including coordinating the data collection with the help of the financial analyst.
• Responsible for market intelligence on macros, currency, interest, and any other market information relevant to the company.
• Support senior leadership in maintaining good relationships with funding partners as part of corporate and banking relationships.

Requirements

TECHNICAL COMPETENCIES

1.     Bachelor’s degree in finance, Accounting, Economics, or a related field. A professional qualification (ACCA/CPA) is strongly preferred.

2.     Minimum 2-3 years’ experience in a busy business environment. A reputable audit firm and or FMCGs experience is highly desirable.

3.     Highly developed analytical skills

4.     Excellent understanding and application of management information systems

5.     Excellent working knowledge of MS Excel and specifically spreadsheet design,

MANAGEMENT SKILLS

• Good oral and written communication and interpersonal skills
• Highly motivated, dynamic, self-driven with ability to work with minimal supervision
• Multitasking capabilities with strong ability to plan, prioritize and manage multiple projects under strict timelines.
• Team player.