Head of Treasury: Governance & Technology at DigiOutsource

• As the Head of Treasury: Africa, you’ll be responsible for managing the day-to-day operational activities of the Treasury department, overseeing cash flow management, funding, risk management, debt management, forex trading, treasury operations and financial planning across the company’s Africa operations.  This will help us ensure the efficient use of the companies financial resources, optimize liquidity and managing financial risks to stay ahead of the game.

What you’ll be doing

As part of your role, your responsibilities will include:

Cash and Liquidity Management:

• Oversee and manage global cash positioning and short to medium term liquidity for the group.
• Ensure sufficient liquidity to meet day-to-day operational and financial obligations of the business.
• Manage investment activities relating to excess cash positions across the businesses.
• Manage general banking facilities across the business
• Coordinate the optimization of cash across multiple business units and geographies.
• Manage crypto exposure and volatility

Banking Relationships & Account Management:

• Manage relationships with banking partners and financial institutions.
• Oversee the opening, closing, and maintenance of bank accounts globally.
• Negotiate banking services and fees to ensure competitive terms and conditions.
• Manage banking products and services across the business

Treasury Operations and Processes:

• Manage the execution of treasury operations including payments, funding, investments and cash flow reporting.
• Ensure compliance with internal policies and procedures in treasury operations.
• Develop and implement best practices for treasury functions, ensuring efficiency and accuracy in transactions.
• Drive the implementation of treasury management systems (TMS) or improve existing platforms to enhance operational effectiveness.
• Ensure effectiveness across systems, teams and functions

Compliance and Regulatory Oversight:

• Ensure that the treasury function complies with internal policies, financial regulations, and external compliance requirements (e.g., IFRS, Sarbanes-Oxley, SARB, Central banks).
• Liaise with internal auditors, external auditors, and regulatory bodies as and when needed.
• Ensure accurate and timeous covenant compliance reporting iro local debt structures
• Stay up to date with financial regulations, legislative changes and accounting standards that impact treasury operations.

Financial Planning and Analysis:

• Assist with providing timely and accurate treasury reports to senior management, highlighting key performance metrics, variances, risks, and opportunities. 
• Analyse cash flow, liquidity, and funding trends to provide insights and recommend improvements. 
• Assist in the preparation of budgets, forecasts and financial planning. 
• Quarterly reporting of cash positions, processor data and cost analysis

Risk Management:

• Collaborate with senior management to establish and monitor risk management policies and strategies. 
• Identifying and mitigating financial risks (FX, interest rates, commodities) 
• Execution of forex trading and derivative structures as per group policies

Team Management:

• Lead and develop a team of treasury professionals. 
• Mentor and coach team members to enhance their skills and knowledge. 
• Ensure team key deliverables are met on time and accurately. 
• Bi-annual setting of team objectives and performance management reviews.
• This job description is not intended to be an exhaustive list of responsibilities. You may be required to complete other reasonable duties in order to achieve business objectives.

Essential skills you’ll bring to the table

The necessary skills that we require for this role include:

• Strong verbal and written communication skills, with the ability to convey complex ideas clearly and effectively
• Experience working collaboratively in cross-functional teams, with a focus on achieving shared goals
• Expertise in managing multiple projects simultaneously, with a track record of delivering on time and within scope
• Exceptional attention to detail, ensuring high standards of quality in all outputs
• Ability to adapt quickly to changing environments and priorities, maintaining effectiveness in dynamic situations
• Ability to work across multiple jurisdictions
• Relevant Business degree or Accounting degree
• Relevant Tertiary qualification advantageous
• Minimum of 5 years Treasury and Cash Flow Management experience
• Experience with cash management, financial markets, risk management, hedging structures and banking relationships
• Experience with large volumes of financial data
• Experience with financial and treasury systems
• Experience with crypto and stable coin assets
• Minimum 3-5 years managerial experience

Desirable skills you’ve got up your sleeve

It would be great if you also have some of the following skills:

• In-depth knowledge of sports betting markets, including odds calculation, betting types and market trends
• Previous experience in the online gaming or casino industry, with a strong understanding of player behaviour and industry regulations
• Familiarity with gambling regulations and compliance requirements in various jurisdictions, ensuring adherence to legal standards
• Experience in developing and executing customer retention strategies
• Advanced Microsoft Excel skills
• Experience in Business Central and TM1
• Knowledge of IFRS