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