Group Treasury Analyst (JHB North) at Aspen Pharma Group

Job Purpose:

• With respect to the Group's South African treasury entity (Aspen Treasury SA (Pty) Limited or “ATSA”) to undertake day-to-day front and middle office operating activities and to provide dedicated support in the areas of accounting and reporting.
• To undertake administrative, coordination and analytical activities that enable the efficient functioning of Group Treasury with the ultimate goal of ensuring the Group meets its treasury objectives as outlined in the Group Treasury Policy.
• With respect to Aspen Treasury SA (Pty) Limited:

Non-operational activities

• Under direction from the Group Head: Treasury (“GHT”) and the Group Executive: Treasury (“GET”), and ordinarily subject to review from the Group Treasury Controller (“GTC”) to undertake administrative, analytical or preparation activities aligned to ATSA’s risk and control matrix, the primary goal of which is to ensure ATSA meets its reporting, compliance and payment obligations on time and in full, which include but are not limited to:

Preparing, producing, supporting and/ or contributing towards:

• Internal Audit controls testing
• Board meeting information pack
• Capital adequacy assessment
• Risk and control matrix and alignment thereof to workflow productivity system

Review:

• Third party and intragroup treasury-related invoices
• Preparation and/ or review of monthly management accounts

Operational activities

• To undertake front office activities (i.e. pre-trade counterparty engagement, trade execution and capturing to ATSA’s treasury system) and middle office activities (i.e. near-term cash forecast review, FX exposure identification and measurement, trade recommendation, validating trades captured to ATSA’s treasury system, validating market data that is fed into ATSA’s treasury system) with respect to treasury-related facilities, instruments and trades, ensuring that such activities are undertaken timeously, correctly, efficiently and in line with ATSA’s strategy, risk tolerances and standard operating protocols;
• Under direction from the GHT, to undertake supporting activities with respect to management of ATSA’s bank and trading accounts with its banking counterparties, including account opening/ maintenance documentation, facilitating know-your-customer procedures, establishment and maintenance of mandates and standard settlement instructions, and the creation and maintenance of master data records in ATSA’s treasury system so as to ensure that ATSA is appropriately enabled to operate in accordance with its strategy;
• To monitor ATSA’s banking fees, ensuring fees charged to ATSA are reasonable when compared to transaction volumes and annual price lists agreed to with the bank.
• With respect to the Group’s overall treasury objectives:

Arising from the Treasury Policy:

• Under direction from the GET and the GHT, to periodically undertake administrative and coordination activities, and to prepare analyses, with respect to certain of the Group’s treasury-related risks (i.e. interest rate, foreign exchange, liquidity, loan undertakings, counterparty, capital adequacy, cash optimisation) which are aimed at ensuring such risks are managed within risk tolerances stipulated in the Group’s treasury policy;
• Contribute towards the Group Treasury Committee meeting information pack and/ or minutes and contribute towards the monitoring and measurement of the KPIs as per the Group’s treasury policy.

In support of Group Treasury (as a Group-wide business function):

• Under direction from the GET and the GHT, to undertake administrative and coordination activities with respect to the operating effectiveness of key risk management processes/ areas specific to Group Treasury (including its detailed risk and controls matrix and internal audit testing);
• Under direction from the GET and GHT, and subject to review by the GTC, to undertake preparation, administrative and coordination activities with respect to the Group’s covenant compliance reporting and counterparties know-your-customer obligations;
• Subject to direction and sign-off by the GET and the GHT, and subject to review by the GTC, to undertake preparation, administrative and coordination activities with respect to regular reporting to the South African Reserve Bank;
• In consultation with the GET and the GHT, to implement and realise new ways of working and technology enablers adding value through automation and simplification of existing workstreams;
• To support the GET, GHT and/ or GTC with respect to administrative activities required to enable/ maintain the Group’s South African entities’ transactional banking requirements;
• With respect to small-to-medium-sized assignments: using a combination of standardised and innovative methods, tools or frameworks, to lead the technical execution of such assignments, including providing technical direction to other more junior professionals or specialists working thereon;
• With respect to large assignments: under direction from the GET and the GHT, and with a limited degree of autonomy, to apply their technical knowledge in supporting the execution of such assignments.

Requirements
Qualifications and Experience:

• Bachelor of Commerce or similar qualification;
• CIMA/ Certificate in Treasury or similar accounting or finance-related qualifications is advantageous
• Experience gained during articles, if applicable; +4 years’ experience (preferably with financial services or treasury-type multinational clients
• Financial services industry, or in the finance/ treasury division of a mid to large corporate;
• Knowledge of/ previous use of SAP Treasury is preferred
• Excellent written and oral communication skills to a wide range of stakeholders;
• Good understanding of financial accounting and internal controls

Skills and Attributes:

• Well organised and methodical approach to tasks;
• Excellent Excel, Word and Outlook skills;
• Ability to multi-task and manage several tasks simultaneously;
• Adherence to deadlines, and proactive management of stakeholder expectations in relation thereto;
• Professional commitment to stakeholders;
• Good understanding of corporate-treasury concepts and related financial instruments and concepts (including hedging instruments, loan agreements and guarantees);
• Moderate understanding of South African company law and corporate processes