Executive Head: Treasury

7 days ago


Midrand, South Africa Vodafone Full time

**Your responsibilities will include**:
Oversee the centralized cash pooling in South Africa, in line with group treasury policy, i.e. iro security, liquidity and yield
Review cash flow forecasts and monitor on-going liquidity requirements across main SA entities and African entities
Effectively support external bi-annual dividend distributions, bi-annual tax payments and other major payments throughout the year by ensuring sufficient cash collected via the centralised treasury function

Investigate available options and internal and external sources of funding to finance mainly capital expenditure and mergers and acquisitions (“M&A”) across the Vodacom group of companies. Structure each loan or preference share funding transaction in the most optimal way
Review and negotiate agreements and borrowing margins
Build and maintain ethical and sound relationships with banks and other lenders
Drive reduction in and maintain efficient consolidated cost of debt
Carry out thorough analysis and prepare robust group board papers on short term borrowings, long term borrowings, debt maturity profile and fixed-floating mix
Responsible for determining IFRS16 discount rates for African markets and liaising with auditors on how the rates were arrived at
Ensure that group capital structure is aligned with both business strategy and financial policy, both medium and long term
Monitor and manage various borrower’s covenants ratios with various stakeholders
Integral to the YeboYethu preference share funding program, meeting the bi-annual priority of payments, managing the preference share agent relationship and contributing to the board papers
Provide information requirements needed to maintain good investor relationships

Assess requirements for short-term and long-term inter-company funding;
Fully understand the Companies Act, as amended, Section 45 for related and inter-related financial assistance and prepare robust board papers for regular and ad hoc financial assistance
Undertake benchmarking exercises to ensure arms-length pricing for internal and external funding

**.**:
Analyse and interpret all financial risks, adhere to policies and employ measures to mitigate these, paying particular attention to:
Interest rate risk
Foreign exchange risk (transactional hedging and dividend inflow hedging)
Counterparty risk (e.g. bank risk assessments) for operational cash and M-Pesa customer funds

Carry out an annual review of treasury’s Delegation of Authority (“DOA”) and group treasury policy and African treasury policies (i) to ensure full alignment with Vodafone group policy and (ii) to strengthen or reformulate the policy if necessary (based on operational feedback)
Present proposed policy changes to the board
Ensure divisional policies and procedures, systems and controls are updated and aligned with group treasury policy at all times
Ensure that all treasury transactions are accurately recorded
Attend present on treasury matters and projects on an ad hoc basis
Attend monthly M-Pesa Risk and Compliance meetings and M-Pesa Risk and Compliance board meetings on an ad hoc basis
Provide regular training to African markets on group treasury policy
Understand the SARB regulations on cross-border transactions, foreign direct investments and foreign exchange hedging to provide treasury advice on operational projects and M&A deals
Review and approve the issuance of bank guarantees
Liaise with (i) ME Treasury & Funding, EHOD Legal Affairs, and EHOD Tax on major funding issues (ii) Op Co counterparts on critical projects and (iii) relevant external stakeholders, as required.

Relevant B. degree or recognized Treasury Qualification
Broad business experience with a minimum of 10 years in a treasury environment / corporate treasury role, 3 years of which should have been in a supervisory role.

**The role requires**:
A key expert with in-depth knowledge of treasury management able to support financial directors / executives in all group companies on treasury matters
Comprehensive knowledge of how corporate funding arrangements contribute to strategic decision making and operational performance across group operating companies
Responsibility for professional direction within a key expertise area
Good analytical skills, analysing information and prioritising decisions based on complex dynamic material
Ability to influence decisions through advice that have sizeable impact on the availability and management of funding
Must be able to challenge the advice of bankers pitching trade ideas, funding solutions investment products or derivative hedging solutions
Provide technical treasury advice to internal customers such as treasury and/or finance managers of operating companies on issues such as what the subsidiaries should do with any surplus cash, funding requirements or new systems and processes
Requires strong communication and negotiation skills with both internal and external stakeholders.

**Technical / Professional Expertise**



  • Midrand, South Africa Vodafone Full time

    **Your responsibilities will include**: Oversee the centralised cash pooling in South Africa, in line with group treasury policy, i.e. iro security, liquidity and yield Review cash flow forecasts and monitor on-going liquidity requirements across main SA entities and African entities Effectively support external bi-annual dividend distributions, bi-annual...


  • Midrand, South Africa Vodafone Full time

    **Your responsibilities will include**: Oversee the centralized cash pooling in South Africa, in line with group treasury policy, i.e. iro security, liquidity, and yield Review cash flow forecasts and monitor ongoing liquidity requirements across main SA entities and African entities Effectively support external bi-annual dividend distributions, bi-annual...


  • Midrand, South Africa Vodafone Full time

    **Role Purpose**: The Executive Head: Marketing and Communications role is based within **Vodacom Business Africa.** Role purpose: Vodacom Business wish to employ a seasoned and accomplished Executive Head of Marketing (EHOD) who will be a member of the Vodacom Business Exco team and will report to the CE of Vodacom Business. He /She will be responsible for...


  • Midrand, South Africa Nexio Full time

    **ROLE PURPOSE** Nexio is a specialist ICT solution provider that helps clients build, support, and manage their IT infrastructures. We have operations in all 9 provinces across the country, over 200 clients and over 500 employees and as a Level 1 BBBEE we put to practice our commitment to South Africa’s transformation agenda, we are at the forefront of...


  • Midrand, South Africa Vodafone Full time

    **Role purpose**: Vodacom is on a journey to become the South Africa’s leading technology company, moving from a handset retailer & network provider into a truly digital business. We will achieve this and deliver on our brand purpose by providing the best voice and data experience in the industry. Central to our aspirations will be the ability to offer an...


  • Midrand, South Africa Bridgena Barnard Personnel Group Full time

    Gauteng, Midrand - R 85000 - R 105000 Monthly Basic Salary (Market related, Negotiable) Gautenb Corporate requires the services of an experienced Funding Specialist to manage optimize and deploy funding strategy & objectives Gautenb Corporate requires the services of an experienced Funding Specialist to manage optimize and deploy funding strategy &...


  • Midrand, South Africa Vodafone Full time

    **Role Purpose**: The Executive Head: VFS IT Lending role is based within **Vodacom Financial Services.** Role purpose: The core purpose of this role is to provide Information Technology leadership to the Lending Business and IT teams in Vodacom Financial Services. **Your responsibilities will include**: **Define execution models and deliver VFS Lending...


  • Midrand, South Africa Vodafone Full time

    **Role Purpose**: The Executive Head: VFS IT Insurance is based within **Vodacom Financial Services.** Role purpose: The core purpose of this role is to provide Information Technology leadership to the Insurance Business and IT teams in Vodacom Financial Services **Your responsibilities will include**: **Define execution models and deliver VFS Insurance...


  • Midrand, South Africa DBSA Full time

    The Group Executive: Transacting is the DBSA’s functional lead in respect of overseeing and managing infrastructure projects from a long-term financial perspective. He/she executes in the context of the DBSA strategy and governance structures, whilst ensuring projects’ viability and profitability. That is, he/she is responsible for leading and managing...


  • Midrand, South Africa StaffCentral Consulting Full time

    **Job Duties/Responsibilities will include**: Answering and directing incoming calls to relevant departments. Welcoming and receiving clients at the Head Office. Arrange meetings and refreshments for Head Office employees. Responsible for checking refreshment levels. Make appointments for the CEO and relevant executives. Keep diaries and calendar...

  • Executive Assistant

    4 days ago


    Midrand, South Africa Pollock and Associates Full time

    Executive Assistant ICT Midrand - Gauteng - South Africa You will be required to support the Group Head Office Finance team as well as other Group Executives and the Board of Directors as required. Previous experience with company secretarial duties, not necessarily as a qualified Company Secretary. Manage and coordinate diaries for the Group CFO and other...


  • Midrand, South Africa The change Lab Full time

    We are a proud internationally recognised Digital Marketing Company that is equipped and experienced enough to assist Start-ups, SME’s and larger Business Organisations. **Position Title**:Head of Digital Strategy **Reporting to**:Managing Director **Based at**:Midrand Head Office **Job Purpose and Overview**: A digital strategy head leads the Digital...

  • Head of Commercial

    2 weeks ago


    Midrand, South Africa McCormick & Company Full time

    **Head of Commercial** **Midrand, South Africa** Do you want to save the world from boring food? Joins us and we will save you from boring work! We are currently looking for a Head of Commercial to join us in our SA business unit. This role will fully develop, implement and commercially manage key accounts within our Flavour Solutions Business and report...

  • Head: Procurement

    7 days ago


    Midrand, South Africa Pinpoint One Human Resources Full time

    **Location**:Midrand **Purpose**:The Head: Procurement is responsible to provide strategic direction and management of the Supply Chain Management (SCM) Strategy and execution thereof in line with business objectives. The role holder is also responsible to lead practices that will ensure the implementation of effective supply chain management processes in...


  • Midrand, South Africa Vodafone Full time

    **.**: **When it comes to putting people first, we're number 1.** The number 1 Top Employer in South Africa. Certified by the Top Employer Institute 2024. **Role Purpose**: The Executive Head of Enterprise Products will be at the vanguard of the company's transition from traditional telecommunications products to cutting-edge ICT value propositions across...

  • Head of Product

    7 days ago


    Midrand, South Africa AdaptIT Full time

    **Listing reference**: adapt_000191 **Listing status**: Online **Position summary** **Industry**:IT & Internet **Job category**:IT and Telecommunications **Location**:Midrand **Contract**:Permanent **EE position**:No **About our company** - Adapt IT (Pty) Ltd is a subsidiary of Adapt IT Holdings Proprietary Limited and a market leader in developing...


  • Midrand, South Africa DBSA Full time

    Support the Back office team to achieve financial strategy and vision by ensuring alignment of the Bank's Financial Strategy, through conducting financial modelling, scenario planning and forecast and reviewing and amending financial policies to support the business. **Key Responsibilities**: **1. Strategic function** **In collaboration with the Head...


  • Midrand, South Africa Vodafone Full time

    **Role purpose**: Given the complexity, scale, and pace of the Consumer Business Unit, this role will be responsible for the following: To define, execute and accelerate the development and implementation of the CBU Strategy, in addition to reporting and execution of commercial plans across CBU. Manage Special Projects as defined by the CBU Chief that impact...

  • Head of Digital

    4 days ago


    Midrand, South Africa The Change Lab Full time

    We are a proud internationally recognised Digital Marketing Company that is equipped and experienced enough to assist Start-ups, SME’s and larger Business Organisations. **Position Title: Head of Department - Creative** **Reporting to: Director** **Based at: Midrand Head Office** **Job Purpose and Overview**: The purpose of this role is to oversee the...


  • Midrand, South Africa Optimal Growth Technologies Full time

    **Head: Commercial Strategy** **Role purpose**: - This role is to support the commercial execution of the key strategic priorities in the companies portfolio. - The Commercial Lead focuses on activities that provide high quality commercial and analytical insights that are actionable to the commercial function. - Leads, manages and develop a team and...