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 MngtCA (SA) Preferred8– 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 appliedEnsure adherence to good practice and compliance to relevant legislationReview of monthly reconciliationsMonitoring and management of credit riskEnforcing strong customer relationshipsPlanning and Overseeing Implementation of practical improvements and efficiencies over the receivables processCommunicating 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 legislationReview of monthly reconciliationsMonitoring and management of liquidity risk and enforcement of sound control to prevent/deter fraud - Build strong supplier relationshipsPlanning and Overseeing Implementing practical improvements and efficiencies over the payables processCommunicating 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 toEnsure adherence to good practice and compliance to relevant legislationEnsure adherence and compliance to SARB requirementsReview of monthly reconciliations

Monitoring and management of cash projections and daily cash activityEnforcing strong relationships with external stakeholders and bankersPlanning 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/functionsReport 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 skillGood Communication Skills (Expression of self & understanding of others)Organisational ability and ability to direct the application and implementation of practical process and structuresAbility 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 systemsStrong and Sound judgemental ability in applying financial management principlesAnalysis, understanding and interpretation of data/informationAbility to drive delivery and quality of delivery from the team in pressure situations & maintain required standardsAbility 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 RegulationsVAT Act of South Africa & relatedMS Office (Excel, Word, Power Point)SAP (Preferred)Financial & General Accounting Standards

Principles

Working capital managementCompanies ActMotor Industry Knowledge/Manufacturing

Knowledge (Preferential)

People person Leader Committed & Target drivenDelivery/Deadline driven (Perform)Continuously learning (Learner) and Measuring to assess and improve/enhance performanceLikes Challenge(s) and is competitiveCross-functional, cross culturalTransparentStrong work ethicStructured/organisedLogical & Practical

Gauteng South Africa