Treasury Manager (Investment Banking)

About the position

Treasury Manager (or treasury operations) entails management of an enterprise's financial holdings, focusing on the entity's liquidity, and mitigating its financial, operational, and reputational risk. The scope of this position includes the entity's collections, disbursements, concentration, investment and funding activities. The role owns and builds three corporate financial models, leads cash forecasting and scenario planning, and presents this work directly to the Board.

RESPONSIBILITIES

CORPORATE MODELLING & CASH FORECASTING

• Own and build the organisation's three corporate financial models end-to-end, keep the models accurate, well-structured, and fit for decision-making.
• Lead cash forecasting and scenario planning, stress-testing liquidity under different business and market conditions.
• Translate model outputs into clear insights and recommendations for the CFO and senior management.
• Continuously improve model design, assumptions, and controls to ensure integrity and [URL Removed] FINANCIAL PLANNING
• Implement financial plans aligned to the treasury management function to support company goals.
• Prepare business plans, reports, and portfolio reporting.
• Assess market trends, drive financial risk management, and find ways to maximise cash flow.
• Manage treasury projects, including identifying the best options for investing cash or issuing financial instruments.

BOARD REPORTING & PRESENTATIONS

• Present corporate models, cash forecasts, and scenario analysis directly to the Board, in a clear and decision-ready format.
• Develop treasury reporting dashboards appropriate for various stakeholders and track KPI.
• Create clear, methodical financial reporting packs for senior stakeholders and the Board.
  CAPITAL STRUCTURE MANAGEMENT
• Manage the business's capital structure to ensure optimal cash flow for the organisation.
• Continuously review and evaluate different sources of capital, such as debt and equity, to find the best financing options.
• Optimise the capital structure to reduce financing costs and support shareholder value while maintaining the organisation's ability to grow.
• Develop the reporting and modelling capabilities required to support short-term and long-term liquidity forecasting, working closely with the CFO.
• Oversee the organisation's financial assets, liquidity, and risk to ensure sound cash flow, stability, and profitability.

TREASURY OPERATIONS

• Manage day-to-day treasury operations, including cash disbursements, pooling, collections, reconciliations, and reporting.
• Manage treasury compliance with relevant regulatory requirements, internal controls, and accounting standards.
• Manage activities relating to financial reporting, tax compliance, and cash management planning.
• Serve as the primary contact with investment advisors, ensuring alignment with investment policy and reviewing performance.
• Monitor debt covenant compliance and prepares related calculations and certificates in accordance with debt agreements.
• Manage foreign exchange and interest-rate risk, including hedging programmes to mitigate currency and interest rate fluctuations.

CASH MANAGEMENT

• Manage cash for daily operations and long-term planning to ensure the business has sufficient funds to operate.
• Manage excess operating cash to obtain optimum interest revenue.
• Oversee daily cash positioning, including liquidity management, cash position reconciliation, and bank reporting.
• Serve as the primary contact with commercial banks on cash management services and day-to-day treasury needs.

FINANCIAL RISK & TAX MANAGEMENT

• Ensure the business is well-placed to respond to changes in industry, law, tax, and global finance.
• Structure the organisation's assets for short- and long-term tax efficiency, in line with cash flow needs.
• Assess market risk, interest rate, and foreign exchange fluctuations.
• Uses hedging and financial instruments, such as derivatives and insurance policies, to protect the company from adverse market movements.

STAKEHOLDER MANAGEMENT

• Maintain banking relationships and relationships with senior lenders and financial analysts.
• Keep up to date with industry trends and new financial products and services that can benefit the organisation.
• Track banking fees and performance to ensure the best banking services at the lowest cost.

FINANCIAL REPORTING & COMPLIANCE

• Prepare accurate financial reports in line with accounting standards, including IFRS.
• Work with auditors on internal and external audits and advises on complex financial transactions and journal entries.
• Provide sound, up-to-date data and financial health assessments for senior leaders' decision-making.

QUALIFICATIONS & EXPERIENCE

• Qualified CA(SA) with 6 years of post-qualification experience.
• 5+ years of experience in treasury operations, including significant leadership experience.
• Experience managing financial models and cash management systems in a corporate treasury setting.
• Experience in the Investment/Equity markets or financial services sectors (preferred).
• Strong understanding of treasury operations, foreign currency, and interest rate risk management

Desired Skills:

• Treasury

Desired Work Experience:

• 5 to 10 years

Desired Qualification Level:

• Honours