Treasury Manager

Role Summary:

The Treasury Manager provides strategic and operational leadership for the organisation's treasury function, with responsibility for liquidity management, banking relationships, cash flow forecasting, foreign exchange (FX) operations, debt and investment management, corporate credit card management, fixed assets administration and corporate finance governance. The role balances operational execution with strategic planning to optimise financial performance, manage risk, and ensure compliance with internal policies and regulatory requirements.

Key Responsibilities:

Treasury Management:

• Monitor and prepare short- and long-term cash flow forecasts and financial models linking cash to financial statements.
• Ensure daily visibility of cash across all entities and accurate forecasting of inflows (customers) and outflows (vendors/payroll).
• Execute daily payment management, including vendor files, payroll uploads, and ad hoc payments via CitiDirect (3x weekly).
• Manage bank account funding, including short-term borrowing from money markets, negotiation of borrowing facilities, and management of long-term debt.
• Manage short- and long-term investments to ensure optimal return.
• Confirm FX trades, settlements, and manage hedging strategy and compliance with BSEU Treasury Team.
• Complete monthly reconciliations of bank GL accounts in SAP and investigate and resolve any variances.
• Manage corporate credit cards
• Manage and reconcile the fixed asset register
• Perform daily clearing of bank and payroll accounts in SAP.
• Monthly interest journal entries on loans in SAP.
• Monthly payroll files and journal uploads and complete payroll analysis.
• Monthly reconciliation of BSAF – Otraco loan and forward to BSEU Treasury to update Reval.
• Access to GL wands to assist Finance reporting team.

Reporting & Compliance:

• Submit reports including:
• Schedule 17 (Cash equivalents) to Europe Treasury quarterly
• SARB economic statistics reports for imports quarterly
• NRCS levy declaration submitted on portal twice a year
• Prepare monthly cash slide reports for Working Capital
• Report overall cash position to Senior Finance Managers monthly, Forecast vs Actuals
• Maintain and administer treasury management systems and recommend automation/process improvements with BSEU Treasury Team – Reval read only access
• Manage regulatory compliance, including KYC documentation updates and adherence to treasury-related legislation with banks and BSEU Treasury Team.
• Assist on J-Sox compliances and yearly financial audits

• Monitor Smart Data and SAP reconciliation of staff travel expenses and run age analysis reports.

Leadership & People Management:

• Manage direct reports (Treasury Administrator and Fixed Assets Controller), ensuring professional development and performance management via ESS and SuccessFactors.
• Support senior management in improving internal controls and financial reporting processes.

Skills and Competencies:

• Strong leadership and decision-making capabilities.
• Advanced Excel and financial modelling skills.
• In-depth knowledge of treasury operations, policies, and regulatory frameworks.
• Solid understanding of foreign exchange, hedging strategies, and risk management.
• SAP proficiency (including clearing, journal entries, ZFI uploads, GL reconciliations).
• Effective communicator with excellent verbal and written skills.
• Strong analytical and problem-solving abilities.
• Highly accurate, organized, and able to handle multiple priorities independently.
• Demonstrated ability to develop key relationships with internal and external stakeholders.

Current Projects

• Automation of Otraco vendor payments in Reval
• ISO migration for all files and payments on the banking platform
• Reducing Std Bank OD facility
• Onboarding MUFG MM facility
• Migration of corporate credit cards to Citibank