Job Description

Introduction

VKB Agriculture (Pty) Ltd is a dynamic agricultural company in the Northeast Free State with interests in Limpopo. This organization, which strives towards healthy and modern business practices offers employees the opportunity to utilize and develop their knowledge and skills in a competitive work environment. We offer you the opportunity to establish yourself within a professional, corporate environment in the countryside.

• Overall responsibility for treasury management for the VKB Group.
• Managing the relationship with the banks and banking facilities.
• Ensuring adherence to the legislative requirements set by the different banks.

Requirements

Education

• Relevant accounting degree and professional registration as CA(SA)
• Completed Masters of Business Administration (MBA) or relevant Post Graduate qualification in Business Administration

Specific Work Experience, Knowledge and Skills

• 10 Years experience in Treasury Management.
• Strong expertise in treasury accounting including FX, Hedging, Liquidity, Cash Flow and various financial instruments.
• Knowledge of banking regulation in South Africa.
• Management of bank relationships and contract negotiations.
• Knowledge of general treasury, forecasting, budgeting.
• Strong knowledge of financial instruments, credit facilities and treasury best practices.
• Knowledge of finance and accounting principles including IFRS.
• Experience from working with and implementing Treasury systems and related digital tools.
• Knowledge of an ERP system environment.
• Proficient with MS Office Suite including strong Excel skills.
• Excellent interpersonal and communication skills (written and verbal).
• Strong relationship building skills and networking with different stakeholders.
• Mindset for Change Management and Digital Transformation.
• Teamwork and focus on people development.
• Adaptability to different stakeholders, environments and business requirements.
• Strong analytical skills and high attention to detail.
• Strong leadership skills and the ability to collaborate.
• Detail, deadline and goal oriented.
• Structural planning skills and conceptual thinking.
• Resilience and stress management.

Duties and Responsibilities

• Overall responsibility for treasury management for the VKB Group.
• Cash and liquidity management through cash flow reporting, planning and forecasting.
• Analyse and perform appropriate hedging and funding activities (Forex, loans, deposits, etc.).
• Ensure sufficient funds are available to meet ongoing operational and capital investment requirements.
• Managing all domestic and possible global banking relationships.
• Review and negotiate contracts with banks on regular basis, provide regular cost benchmarks.
• Maintain bank mandates and banking system users' database.
• Identify opportunities and implement treasury related business process improvements.
• Responsible for development of digitalisation journey of treasury department.
• Responsible for implementation and maintaining treasury management system and its related process improvements.
• Lead the treasury month end closing process including the business reviews.
• Complete the Group's monthly debt report.
• Develop and support treasury policies, procedures and controls.
• Develop and enforce strong internal controls and ensure compliance to local regulations, Internal Control Reference Framework (ICRF) and Compliance requirements.
• Provide treasury support and guidance for the Region's existing and new businesses.
• Advise management on the liquidity aspects of its short- and long-range planning.
• Support mergers & acquisitions and special projects as assigned by Exco.
• Work with internal and external auditors.
• Development of the Treasury Team in terms of skills and competencies.
• Support and educate Regional Finance organisation in Treasury matters.

Other Information

• The company can expire jobs at any time at their own discretion.
• VKB Group and/or its subsidiary companies will use any personal data collected through the job opportunities section of this website for recruitment purposes only and, should your application be successful, for purposes connected with your employment.
• VKB Group is an equal opportunity employer. VKB Groups approved Employment Equity Plan and Targets will be considered as part of the recruitment process aligned to VKB Groups Employment Equity & Transformation Strategy. VKB Group actively supports the recruitment of People with Disabilities
• Things to take note of when applying through our Career Portal.
• Use Google Chrome when accessing the portal
• Clear copy of your CV in either PDF or Word
• The CV should not have handwriting on the document
• NB! Only Submit your CV on the Upload CV section of the application form and not a PDF that includes other documents such as ID, Drivers License and other documents. The application form will make provision for the candidate to upload supporting documents.
• When uploading profile picture, make sure the minimum size uploaded is 300 x 300px

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