Executive Head: Group Treasury

4 weeks ago

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 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
Maintain
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, EHOD Tax on major funding issues (ii) Op Co counterparts on critical projects and (iii) relevant external stakeholders, as required.

Relevant B. degree or recognised 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.
Required to provide professional guidance to and manage a team of senior specialists / specialists. Leadership needs to be persuasive, ethical and in line with financial strategy.

**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, fund

  • Executive Head: Group Treasury

    2 weeks ago

    Midrand, Gauteng, 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 yieldReview cash flow forecasts and monitor on-going liquidity requirements across main SA entities and African entitiesEffectively support external bi-annual dividend distributions, bi-annual tax...

  • Treasury Administrator

    2 weeks ago

    Midrand, Gauteng, South Africa Bosch Group Full time

    Company DescriptionCorporate success at Bosch is determined by innovation capability and an edge in know-how. Accept with us the challenge of new tasks by your willingness to permanently learn something new.Africa is a growing region in the Bosch Group. Bosch employs more than 2 000 associates in Africa and operates in the business sectors mobility;...

  • Treasury Specialits

    2 weeks ago

    Midrand, Gauteng, South Africa Bridgena Barnard Personnel Group Full time

    Gauteng, Midrand R R Market related, Negotiable)Gauteng Treasury department within a Large Financial Services Group needs your expertise in Cash and LiquidityGauteng Treasury department within a Large Financial Services Group needs your expertise in Cash and LiquidityMatric essentialDegree in Accounting NOT Negotiable2 years experience in a Treasury...

  • Head of Finance: Shared Services

    3 weeks ago

    Midrand, South Africa Palesa Mbali Group Full time

    Reporting to the Head of Finance (Africa region), the **HEAD OF FINANCE: SHARED SERVICES** will be responsible for working closely with Finance Business Units and leading financial processes, financial accounting and managing group reporting and deadlines. Structure of Financial Shared Services for Africa: - Financial Accounting and Reporting - Tax...

  • Principal Specialist Group Treasury

    2 months ago

    Midrand, South Africa Vodafone Full time

    **Role purpose**: To develop and implement funding solutions for the Vodacom Group and its group of companies **Your responsibilities will include**: Developing, arranging, and implementing new funding solutions for Group companies including refinancing of existing debt Constructing financial structures, negotiating new finance facilities, and reviewing...

  • Treasury Specialits

    2 months ago

    Midrand, South Africa Bridgena Barnard Personnel Group Full time

    Gauteng, Midrand - R 40000 - R 50000 (Market related, Negotiable) Gauteng Treasury department within a Large Financial Services Group needs your expertise in Cash and Liquidity Gauteng Treasury department within a Large Financial Services Group needs your expertise in Cash and Liquidity Matric essential Degree in Accounting NOT Negotiable 2 years...

  • Treasury Specialits

    2 days ago

    Midrand, South Africa Bridgena Barnard Personnel Group Full time

    Gauteng, Midrand - R 40000 - R 50000 (Market related, Negotiable) Gauteng Treasury department within a Large Financial Services Group needs your expertise in Cash and Liquidity Gauteng Treasury department within a Large Financial Services Group needs your expertise in Cash and Liquidity Matric essential Degree in Accounting NOT Negotiable 2 years...

  • Executive: Financial Reporting, Tax and Treasury

    2 weeks ago

    Midrand, South Africa Liquid Tech (Pty) Ltd. Full time

    **Role Purpose** To lead and direct the Financial Reporting, Treasury and Tax Departments to ensure that all financial reports are accurate and issued in a timely manner, and that financial data obtained from the IT systems is reliable, according to statutory procedures, as well as sound financial principles are being utilized throughout the Finance...

  • Executive Head: Legal Affairs

    4 weeks ago

    Midrand, South Africa Vodafone Full time

    **Role purpose**: Provide legal advice and managing legal matters for Vodacom Group and Vodacom South Africa, with a focus on - Mergers & acquisitions (including disposals), joint ventures and intra group reorganisations (covering all aspects, including drafting and/or commenting on, negotiating and settling of transaction agreements, supervising due...

  • Treasury Manager

    2 weeks ago

    Midrand, South Africa Saint Gobain Full time

    **The Role** Treasury Manager** 1. **Job Purpose** - Overall responsibility for treasury management for the Sub-Saharan Africa Region - Managing the relationship with the banks in Region and banking facilities - Ensuring adherence to the legislative requirements set by the different country central banks **Key Accountabilities** - Overall responsibility...

  • Treasury Manager

    2 weeks ago

    Midrand, Gauteng, South Africa Saint Gobain Full time

    The Role Treasury Manager**1. Job Purpose Overall responsibility for treasury management for the Sub-Saharan Africa Region Managing the relationship with the banks in Region and banking facilities Ensuring adherence to the legislative requirements set by the different country central banksKey Accountabilities Overall responsibility for treasury management...

  • Senior Treasury Analyst

    2 weeks ago

    Midrand, South Africa Saint Gobain Full time

    **Is this job for you?** Job Purpose*** - Overseeing and managing the region's treasury activities, including cash management, investment strategies, and financial risk management. - Adherence to the legislative requirements set by the different country central banks. **Education, Knowledge, Skills and Experience** **Qualifications required to fulfil the...

  • Executive Head: Finance Operations

    3 weeks ago

    Midrand, South Africa Vodafone Full time

    **Role purpose**: The Executive Head of Division (EHOD): FinOps is responsible for effectively leading the teams and implement the FinOps strategy regarding financial cycles, policies, procedures, systems and controls in an agile well-controlled environment for activities managed locally, as well as in the Vodafone Shared Services (_VOIS), within the...

  • Group Executive: Transacting

    3 weeks ago

    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...

  • Senior Treasury Analyst

    2 weeks ago

    Midrand, Gauteng, South Africa Saint Gobain Full time

    Is this job for you? Job Purpose***- Overseeing and managing the region's treasury activities, including cash management, investment strategies, and financial risk management. Adherence to the legislative requirements set by the different country central banks.Education, Knowledge, Skills and ExperienceQualifications required to fulfil the role Matric. B.Com...

  • Head of It

    2 weeks ago

    Midrand, South Africa Bridgena Barnard Personnel Group Full time

    Gauteng International Financial Services Group requires the expertise of a IT person to head-up the division Identification of new and emerging hardware, software and technologies Assessment of these technology and relevance Emerging technology among staff and business In collaboration with various Stakeholders to investigate Hardware and Software option...

  • Group Creative Head

    4 weeks ago

    Midrand, South Africa WFA Consult Pty Ltd Full time

    Marketing Group Creative Head - join small group of companies, manage digital, social media, web and mobile platforms on behalf of a property, insurance and school company. **REQUIREMENTS**: A relevant degree or diploma, 2 to 5 years experience, energetic, open minded and driven to make a difference. Knowlegde: 1. Web design. 2. social media. 3. Google. 4....

  • Head of It

    2 weeks ago

    Midrand, Gauteng, South Africa Bridgena Barnard Personnel Group Full time

    Gauteng International Financial Services Group requires the expertise of a IT person to head-up the divisionIdentification of new and emerging hardware, software and technologiesAssessment of these technology and relevanceEmerging technology among staff and businessIn collaboration with various Stakeholders to investigate Hardware and Software option for max...

  • Senior Funding Specialist: Vodacom Treasury

    3 weeks ago

    Midrand, South Africa Vodafone Full time

    **Role purpose**: To develop and implement funding solutions for the Vodacom Group and its group of companies **Your responsibilities will include**: Developing, arranging, and implementing new funding solutions for Group companies including refinancing of existing debt Constructing financial structures, negotiating new finance facilities, and reviewing...

  • Group Creative Head

    2 weeks ago

    Midrand, Gauteng, South Africa WFA Consult Pty Ltd Full time

    Marketing Group Creative Head - join small group of companies, manage digital, social media, web and mobile platforms on behalf of a property, insurance and school company.REQUIREMENTS:A relevant degree or diploma, 2 to 5 years experience, energetic, open minded and driven to make a differenceKnowlegde:Web design.2. social...