Senior Cash Management Specialist Groupe CFAO
3 days ago
About the Company:
Groupe CFAO is a multinational company operating in the African continent. Our headquarters is based in Paris, France, and we have offices across the continent. We are committed to providing our customers with high-quality products and services, while maintaining a strong focus on innovation, customer satisfaction, and sustainability.
About the RoleWe are seeking a Senior Cash Management Specialist to join our team in Johannesburg. The successful candidate will be responsible for overseeing the cash management and treasury functions for Groupe CFAO, ensuring effective liquidity management, risk mitigation, and financial optimisation.
- Cash and Liquidity Management:
- Oversee daily cash management activities, ensuring optimal cash flow to meet operational requirements.
- Manage cash forecasting models to maintain liquidity.
- Monitor and optimise working capital requirements.
- Treasury Operations:
- Manage bank accounts, ensuring efficient banking relationships and minimising transaction costs.
- Implement and oversee internal controls for treasury processes.
- Ensure compliance with treasury policies and financial regulations.
- Shipping Operations:
- Oversee and manage Shipping Team, reviewing and approving Stock Costings, assessing variances between standard and actual costings for accuracy and reasonableness.
- Manage balance sheet accounts i.e. goods in transit, payment clearing accounts as well as creditors recons to ensure accuracy and timely reconciling and management of variances between supplier statement balances and balances per purchase ledger.
- Risk Management and Compliance:
- Identify and mitigate financial risks, including foreign exchange, interest rate, and credit risks.
- Ensure timely and accurate management of forward exchange cover on all imports.
- Ensure compliance and timely arrangement of letters of credit when required.
- Investment and Funding Strategies:
- Evaluate and implement investment strategies for surplus cash.
- Manage debt financing arrangements and maintain compliance with loan covenants.
- Team Leadership and Development:
- Lead, mentor, and develop the Treasury and Cashbook team, ensuring high performance and career growth.
- Establish key performance indicators (KPIs) to measure and improve team effectiveness.
- Financial Reporting and Analysis:
- Prepare treasury reports, including cash flow forecasts, variance analysis, and financial risk assessments.
- Collaborate with finance and accounting teams to support financial planning and reporting.
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