Cash Manager at The South African Breweries (SAB)

Cash Manager

As the world’s leading brewer, we at AB InBev family are always on the lookout for bold decision-makers, who are ready for responsibility and thirsty for innovation, to join our teams in Africa. The key purpose of this role to is to design and review the daily strategy of operational and financial cash flows, coordinate investments of bonds/RCF proceeds, coordinate cash pooling strategy and bank deposits execution.

The key responsibilities of the Cash Manager include (but not limited to)

• In conjunction with the M&A &Treasury Director, maintaining transactional banking relationships
• Ensuring Countries have sufficient liquidity (i.e. access to debt facilities + cash)
• Optimization of regional transactional banking arrangements (treasury and operating payments; payments and receipts)
• Implementation and maintenance of optimal liquidity management solutions
• Responsible for the implementation and maintenance of daily direct cash flow forecasting process
• Enhancing cash management process and procedures
• Management of Business Unit’s daily cash positions: Drawdown / repayment of debt; Management of surplus liquidity in all currencies in a manner that maximizes returns and complies with treasury policy requirements on counterparty limits and approved instruments
• Management of the opening/closing of bank accounts
• Management of treasury related settlements
• Ensure compliance with relevant regulatory frameworks, policies, procedures, Service Level Agreements​

The ideal candidate is a qualified CA with a BCom Accounting (or equivalent) with Africa zone eperience and a good understanding of:

• Strategic cash management
• Bank Relationship Management and Online Banking Systems
• Pascal, IT2, SAP and HFM
• Direct cash forecasting and Liquidity cash forecasting methodologies
• Weekly cash flow assessment
• Trend Analysis and Quantitative Analysis
• Corporate Governance and dividend policies
• Regulatory Compliance

Minimum requirements include (but not limited to):

• Must have a CA qualification Advantageous
• Minimum 3 years extensive treasury experience
• Minimum 3 years management experience
• Africa Zone Experience Advantageous
• Strong IT Knowledge
• Understanding of Banking systems