Treasury Analyst
2 months ago
**Listing reference**: woolw_001010**Listing status**: Online-
**Position summary**
**Industry**:Financial Services
- **Job category**:Business Analyst**Location**:Cape Town
- **Contract**:Temporary**EE position**:No**Introduction**Job description**
- Maintain full control of all FX process in FBH and Foods, as well as non-trade, in respect of the procurement, maintenance and measurement of FX against Treasury Policy.
- Prepare Monthly Treasury Analysis of FX position and liaison with central planning to manage FX requirements and exposures, including advice for buying strategies
- Prepare monthly treasury entries and prepare analysis of FX hedged position
- Maintain effective control of Treasury General Ledger Reconciliations
- Manage a team of FX clerks
- Investigate to resolution any FX system issues which may arise together with FX clerks and other stakeholders.
- Prepare monthly financial results and reports to external stakeholders. Review of treasury transactions and reporting requirements in between other group companies (e.g. African subsidiaries, Country Road and Country Road Ventures)
- Trade Money market daily and FX daily - maintaining strong relationship with service providers.
- In-depth, specialised knowledge of IFRS 9 at the highest professional level required to account for financial treasury transactions in the Annual Financial Statements of a complex multinational business. - compiled the AFS, and being able to challenge numbers confidently.
- Collate and prepare Stats SA periodic questionnaires.
- Assist in preparing quarterly financial results and reports to the WSA and WHL Board
- Assist the Group Treasury Manager with management of the relationship with providers of facilities and provision of information thereto
- Assist the Group Treasury Manager with management of the relationship with SARB and provision of information thereto
- Detailed financial modelling, understanding the key areas of both income statement and balance sheets to generate and adjust forecasts and inflows resulting in financing/ gearing decisions to be made by Treasury when applicable
- Assist with Budget & forecast variances which are analysed and reported
- Assist in preparing and maintaining loan models which consolidate all loan and interest payments and maturities.
- Assist in maintaining money market model which forecasts daily cash flows, and highlight any liquidity concerns with appropriate lead time to make adjustments if necessary.
- Assist with ensuring that all interest and capital repayments on funding solutions are made timeously.
- Assist in determining refinancing profiles/solutions, based on the existing maturity profile.
- Assist in maintaining covenant compliance calculations
- Assist with additional treasury tasks as they arise.
FUNCTIONAL COMPETENCIES
- Able to develop, use and maintain complex corporate finance models e.g. for hedging criteria assessments and FX mark-to-market valuations
- Able to obtain a detailed understanding of systems and processes and be able to analyse system issues if they arise, and provide recommendations for best practice solutions
- Able to explain financial concepts related to derivative instruments such as forward contracts and interest rate swaps (to senior management (FLT and FD))
- Able to draft the IFRS 9 disclosure section of the Annual Report to best in class status (Excellent rating)
- Able to develop and produce clear financial interpretation of complex treasury matters
- Able to communicate complex and often contentious matters to a wide range of audiences both verbally and in writing.
- Able to manage others around them - both internal and external customers
- Able to effectively use latest decision support technologies/ accounting systems (e.g. advanced excel, Qlick,Tradestream, Oracle )
- Able to design, develop and implement new processes and procedures relating to Foreign exchange and hedging.
**Minimum requirements**
MINIMUM QUALIFICATION
- CA (SA)
EXPERIENCE REQUIRED
- CA (SA) - 1 - 3 years post qualifying experience with clear evidence of technical treasury competence
- Clear evidence of financial modelling experience
- Evidence of top quartile performance
- Articles with Big 4 or medium firm
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