Job Description

POSITION/TITLE : SENIOR MANAGER - TREASURY
DIVISION : CORPORATE
DEPARTMENT : FINANCE - TREASURY
QUALIFICATIONS & EXPERIENCE

• B.Com Honors and / or supplement qualification in treasury or finance administration and Mngt

• CA (SA) Preferred

• 8- 10 Years' experience in Finance and or relevant treasury knowledge in the Automotive Industry

PURPOSE / DETAILS OF THE JOB
1) Management & Overseeing full scope receivables function:

• Manage and oversee debtors team (including the below :)
• Enforce proper financial control in place over receivables and proper housekeeping standards applied
• Ensure adherence to good practice and compliance to relevant legislation
• Review of monthly reconciliations
• Monitoring and management of credit risk
• Enforcing strong customer relationships
• Planning and Overseeing Implementation of practical improvements and efficiencies over the receivables process
• Communicating and Recommendation for approval on business activity (value add) - Managing discounting

Management & Overseeing full scope payables function:

• Manage and oversee outsourced payables function/team (compliment (includes overseeing :)
• Enforce proper financial control in place over payables and proper housekeeping standards applied - Enforce adherence to good practice and compliance to relevant legislation
• Review of monthly reconciliations
• Monitoring and management of liquidity risk and enforcement of sound control to prevent/deter fraud - Build strong supplier relationships
• Planning and Overseeing Implementing practical improvements and efficiencies over the payables process
• Communicating and Recommendation for approval on business activity (value add) including cost saving.

Management & Overseeing full scope treasury function:

• Manage and oversee treasury team (includes :)
• Enforce proper financial control in place over treasury (cash flow activity) and proper housekeeping adhered to
• Ensure adherence to good practice and compliance to relevant legislation
• Ensure adherence and compliance to SARB requirements
• Review of monthly reconciliations

• Monitoring and management of cash projections and daily cash activity
• Enforcing strong relationships with external stakeholders and bankers
• Planning and Overseeing Implementing practical improvements and efficiencies over the

treasury process

• Communicating and Recommendation for approval on business activity

4) General functions:

• Manage and oversee performance and delivery of receivables, payables and treasury teams
• Overseeing development of skills within the team and improvement of processes/functions
• Report into/advise inform and recommendations to General Manager Finance

KEY PERFORMANCE AREAS

• Receivables overdue confined within minimum (x%) of debtors balance

• Credit risk exposure minimized

• Strong customer relationships supported

• Payables accounts reconciled, and payments executed ito contractual terms.

• Strong supplier relationships supported

• Compliance to SARB and related regulation/legislation adhered to and process functioning standardized to archive the fore mentioned.

• Cash flow planning/Cash management projected accurately and dealt with to achieve maximum wealth, and liquidity risk controlled.

• Functional area people performance enhanced and delivery of maximum value add.

• Strong bank and external stakeholder relationships formed and supported.

• Managing discounting and other initiatives (e.g. supplier finance) to increase FCF.

CRITICAL COMPETENCIES

• Strong managerial, Interpersonal, people and team skills (Strong people management skill)
• Strong ability to network, manage and build relationship business partnering skill
• Good Communication Skills (Expression of self & understanding of others)
• Organisational ability and ability to direct the application and implementation of practical process and structures
• Ability to co-ordinate ("project manage/process manage")
• Ability to identify problems and practical solutions to overcome problem(s)
• Advanced ability to use excel and understand systems
• Strong and Sound judgemental ability in applying financial management principles
• Analysis, understanding and interpretation of data/information
• Ability to drive delivery and quality of delivery from the team in pressure situations & maintain required standards
• Ability to view "the big picture" and drive achievement of the big picture
• Very strong general and intuitive knowledge, to pick up on aspects (risks/opportunities/problems etc.)

SPECIAL REQUIREMENTS
SUBJECT KNOWLEDGE
ATTRIBUTES

• SARB Regulations
• VAT Act of South Africa & related
• MS Office (Excel, Word, Power Point)
• SAP (Preferred)

• Financial & General Accounting Standards

Principles

• Working capital management
• Companies Act
• Motor Industry Knowledge/Manufacturing

Knowledge (Preferential)

• People person
• Leader
• Committed & Target driven
• Delivery/Deadline driven (Perform)
• Continuously learning (Learner) and Measuring to assess and improve/enhance performance
• Likes Challenge(s) and is competitive
• Cross-functional, cross cultural
• Transparent
• Strong work ethic
• Structured/organised
• Logical & Practical

Gauteng South Africa