About the position
Our client, an internationally renowned machinery manufacturer, currently seeks to hire a Treasury and Financial Services Analyst to join their expanding team based in Roodepoort, Johannesburg.
Minimum requirements:
- Relevant Degree
- At least 5 years' experience in a Finance, Controlling or Financial planning function in a project finance environment at regional level.
- Ability to conduct financial analysis and evaluate business plans.
- Proven track record in cashflow planning
- Proven ability in the risk assessment and mitigation
- Intermediate - Advanced MS Excel
- Experience in working with the Development Banks - advantageous
Main duties will include, but are not limited to:
Region's first point of contact for any cash and treasury related subjects, acting as an expert, business partner and enabler.
- Lead the regional operating cashflow management transformation project from inception to implementation and monitoring.
- Ensure the adequate liquidity at regional and entity level to run the daily operations, execute customer projects while managing currency and liquidity risk exposure.
- Monitor investment process from application to execution and ROI delivery.
Treasury Project Management
- Implementation of the new regional operating cashflow model (IC and Agents agreements, cashflow monitoring processes, currency hedging processes, bridge loan application, local tax & VAT topics on cost+)
Treasury and Cashflow planning
- Monitoring of cashflow position across the region (weekly and monthly)
- Monthly cashflow and bank balances reconciliation between system (Hyperion, Bellin)
- Follow-up on IC Payables and clearance open balances
- Ensuring IC loan schedules (existing and new) are adhered to.
- Surveillance of share capital level and requirement on re-capitalization of entities, when required.
- Manage FX exposure through hedging activities in collaboration with Corporate Treasury (inflow - commission and TO - /outflows - AP, Cost+, Commissions)
- Monitor and reconcile commission to be received (from IC) and to be paid (3rd channel partner)
- Financial Services
- Handle daily trade finance matters (LC/guarantees, others) such as application, negotiation, execution.
- Manage banking relationship.
- Ensure proper handling of trade finance instruments and act as subject expert advisor across the region.
- Act as a deputy to Project Finance Lead MEA for project financing and advisory to sales.
Investment Controlling
- Regional Process owner for investment (Going Concern & Strategic)
- Ensure adherence to group guidelines for preparation, application timelines and documentation.
- Support and guidance to applicant on business case preparation.
- Controlling on the investment execution and ROI delivery as per plan
Regional Finance Committee
- Organize periodic regional finance committee meeting (monthly at least) to
- Review of region cash position
- Investment applications
- FX exposure
- AP position and payments
- Other ad hoc Treasury topics
Suitable individuals are encouraged to reply to this ad or send their CV to [Email Address Removed] for immediate consideration.
Desired Skills:
- treasury
- project mangement
- finance
- financial planning
- financial controlling
Desired Work Experience:
Desired Qualification Level:
