Job Description
- To oversee the financial management and accounting operations of DBSA’s asset and liability portfolio, ensuring alignment of the Treasury’s financial strategy with the Bank’s overall business objectives. The role is responsible for driving robust financial modelling, forecasting, compliance, and effective execution of Treasury back-office functions to support sound liquidity management, funding efficiency, and operational excellence.
Key Responsibilities
Strategic Financial Support
- Develop and implement financial strategies that align Treasury operations with DBSA’s operating model and longterm objectives, ensuring balance sheet optimisation and funding structure effectiveness.
- Lead and manage strategic Treasury projects that support operational goals, enhance financial performance, and strengthen alignment between Treasury and broader organisational priorities.
- Drive robust financial modelling, forecasting, and scenario planning to assess income statement and balance sheet impacts, supporting informed decision-making and proactive financial management.
- Contribute to the reviewing, updating, and maintaining of financial policies, procedures, and frameworks to ensure alignment with best practices, regulatory requirements, and evolving market conditions.
- Maintain compliance and governance excellence by engaging with the JSE Debt Sponsor on annual compliance checklists, coordinating Debt Listing compliance, and providing accounting and tax structuring advice to Treasury and Balance Sheet Management.
- Management Reporting, Business Intelligence and Systems
- Provide accurate financial reporting and compliance by reviewing Treasury valuations, technical accounting opinions, hedge effectiveness, and IFRS-compliant inputs to annual financial statements, while maintaining adherence to JSE, PFMA, tax, and other regulatory requirements.
- Develop and manage financial planning, forecasting, and scenario analysis for Treasury’s assets and liabilities to support Executive decision-making, strategic objectives, and proactive identification of potential breaches (e.g., currency borrowing limits).
- Strengthen financial controls and operational risk management by validating Treasury payments, applying robust internal controls, monitoring working capital, margin, and risk processes, and detecting or preventing fraudulent activity.
- Drive business intelligence and performance insights through detailed analysis of financial data, ratios, and sectoral trends, providing actionable insights to evaluate performance against strategic objectives.
- Integrate and optimise financial systems and processes by aligning SAP FICO, Quantum, and OnBase configurations with Treasury operations, while continuously improving back-office processes and operational efficiency.
Operational Oversight
- Drive operational excellence and continuous improvement by streamlining Treasury processes, enhancing efficiency, and embedding innovation in day-to-day operations.
- Maintain robust financial controls and governance by monitoring and authorising payments, maintaining segregation of duties, managing working capital, and strengthening operational and system controls.
- Champion risk management and compliance by embedding risk practices into Treasury operations, reporting risk events to the Combined Assurance Committee, and overseeing corrective actions.
- Support audits and regulatory processes by coordinating internal and external audits, tracking findings to resolution, and contributing to regulatory submissions and policy enhancements.
Stakeholder Management and Finance Partnerships
- Build and maintain strategic stakeholder relationships by collaborating with internal teams, government entities, funders, investors, rating agencies, and external partners to achieve shared financial and strategic objectives.
- Lead investor relations and external reporting by preparing covenant reports, coordinating JSE SENS disclosures, and managing communications with investors, rating agencies, funders, and the National Treasury to ensure compliance and transparency.
- Foster internal collaboration and provide leadership by guiding Treasury colleagues, building effective organisational networks, and supporting informed financial decision-making across the Bank.
Reporting and Analytics
Provide accurate and insightful financial and statistical reporting to inform Executive decision-making and support organisational performance monitoring.
Deliver comprehensive analytics and actionable insights by analysing complex data, identifying trends, anomalies, and key drivers, and presenting findings with clear visualisations to guide strategic and operational decisions.
Support Executive Committees and continuous performance improvement through high-quality reporting and presentations, ongoing monitoring of key metrics, and evaluation of progress against objectives to drive accountability and organisational improvement.
Key Measurement of Output
- Accurate, complete, and timely preparation of quarterly, annual, and management financial reports, fully compliant with IFRS, PFMA, and JSE Debt Listing Requirements.
- Accuracy and reliability of Treasury budgets, forecasts, and scenario models, including income statement, balance sheet, and cash flow projections.
- Delivery of high-quality analytics, insights, and presentations to Executive Committees.
- Effectively implement processes with detailed procedural manuals as well as policies and documentation of business processes, which should be reviewed and updated quarterly.
- Management of Client Relationships and key internal and external Stakeholders.
Expertise & Technical Competencies
Qualifications
- A Qualified Chartered Accountant (CA(SA)) registered with SAICA.
Experience
- A minimum of 10 years’ experience in a treasury or back-office role within a complex banking or financial services environment, including at least 2 years of post-qualification experience in financial reporting, controls, or related functions.
- Proven in-depth understanding of financial instruments within banking environments.
- Understanding of key financial markets, both locally and globally and knowledge of market risk dynamics, knowledge of management of distressed assets, restructuring of assets and non-performing loans.
- Good understanding of debt capital markets, JSE & JSE debt listing requirements, market risks such as interest rate risk, current risks and price risks and ability to manage accounting for financial treasury liability products.
- Demonstrated experience in treasury, investment banking or financial services or secondary market activities.
- Financial instruments valuation experience.
- Demonstrated advanced Microsoft Excel modelling skills and PowerPoint presentation skills
- Proven knowledge of IFRS, PFMA and King IV and other applicable regulations and codes of good practice.
- Solid understanding of internal control systems and the operations of front, middle, and back-office Treasury functions.
Desirable Requirements
- A CFA qualification.External Audit Manager experience
- Exposure to African and global financial markets.
- Understanding of SAP and Quantum treasury system and other accounting tools.
Gmail
Yahoomail