Group Treasury Finance Manager - Westville at RCL Foods

Job Description

This role requires a proactive professional who demonstrates attention to detail and can deliver within the relevant reporting timelines. As the successful job holder, you will be Primarily responsible for corporate treasury functions of the business including monthly and annual financial/statutory reporting, quarterly forecasting reporting, cash flow and loan management, transactional treasury, bi-weekly cash forecasting and working capital functions, and managing and maintaining banking facilities and relationships with the Banks. In addition, you will be entrusted with consolidating the quarterly forecast reports for the Group and assisting with the annual statutory reporting.

The role will be based at our National Office in Westville and report to the Group Finance Executive.

Minimum Requirements    

Qualifications

• CA (SA) with 3-5 years post articles experience

Skills and Experience

• Highly numerate and able to analyse statistical information and interpret financial data to produce reports and graphs
• Experience in technical financial accounting reporting, cash flow, and working capital management
• SAP ERP experience preferable
• Ability to analyse large amounts of data

Duties & Responsibilities    

Treasury:

• Daily cash and liquidity management, including monitoring of available cash facilities against projections of short-term Group borrowing requirements, finance cost optimization, review of daily Group consolidation cash requests, calculation of cash movement, and communication of requirements to holding company and Banks
• Preparation of daily cash dashboard graphs and data and communication to upper management
• Management of Group banking facilities, limits, and relationships
• Handling resolutions/ mandates related to banking matters
• Overseeing the structure of banking operations and assisting in the opening of bank accounts
• Managing and maintaining banking accounts, Group financial and banking guarantees, and other ancillary facilities
• Oversight of consolidation of divisional cash flow forecasting and cash utilization
• Reviewing consolidation and analysing bi-weekly divisional cash flow forecasts
• Updating and tracking daily forecasts
• Daily analysis of variances between cash forecast vs actual request
• Management of intercompany loans, preparation of loan limits, and assessment/ communication of limit breaches
• Oversight of day-to-day transactional banking activities
• Preparation of creditor and interest payments for internal/ external parties
• Facilitating both internal and external audit processes
• Oversight of the daily and month-end reporting processes, preparation of month-end reporting pack, and commentary
• Managing AFS preparation and disclosure requirements
• Quarterly forecasting: Preparing Treasury forecast external cash balances, calculating interest costs, and ensuring accuracy of loan/cash balances
• Preparation of debt covenants compliance certificates and other assessments

Group

• Quarterly consolidated Group forecasting and reporting
• Assistance with notes to the Group's Annual Financial Statements