Assistant Treasury Manager at Toys R Us and Babies R Us South Africa

JOB PURPOSE

• The Assistant Treasury Manager's primary objectives are to elevate the company’s financial standing while mitigating risks. The incumbent will oversee the company’s capital, ensuring it meets obligations and making prudent investments with surplus funds. Key functions include cash management, liquidity management, cash forecasting and investment management.

KEY RESPONSIBILITIES

• Manage a team of treasury staff members
• Develop and implement department policies, procedures, and internal controls
• Streamline processes and improve efficiencies through team training and technology
• Review of bank reconciliations to ensure compliance with SOP 
• Treasury reporting relating to the business 
• Reviewing daily bank reconciliations prepared by stores and following up on queries
• Preparing, capturing and reconciliation of all data related to the cashbook on a daily and monthly basis
• Importing of daily bank reconciliations and reconciling on Sage 
• Maintain and monitor cash flow reporting and forecasting, ensuring liquidity
• Analyze and perform appropriate hedging and funding activities
• Maintain investment records and prepare expense and earnings forecasts
• Assisting stores with any banking related queries
• Capturing all EFT payments and loading of banking details
• Ensure that all relevant treasury department information is stored and updated to Knowledge Base
• Liaising with Financial Institutions for queries                                        

KEY SKILLS 

• Relevant degree and minimum of 3 years experience
• Knowledge of SAGE 300
• Ability to work under pressure and meet deadlines
• Effective management skill
• Interpersonal communication skill
• Knowledge of financial regulations
• Ability to analyze financial data and prepare financial reports
• Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects
• Conflict management
• Problem solving and decision making