Senior Manager: Treasury (P6) (Finance: Financial Governance & Control: Financial Accounting) at University of Johannesburg

Job Specification:

• UJ is keen to interview a dynamic, strategically minded individual with the ability to function in the Treasury department. The primary responsibility of the Senior Manager is to manage the Treasury and Investment activities within UJ in support of sound financial management practices and the achievement of the objectives of the division.

This unit is regarded as a centre of excellence with the divisional service delivery operating model, responsible for:

• Institutional cashflow management through daily Monitoring of the cash positions to ensure sufficient liquidity to meet daily operational needs and strategic needs and mitigate risks.
• Oversee the effective management of the Investment function by monitoring the institution’s investments and returns and identify strategies to maximize returns.
• Another responsibility is the effective management of the credit cards issued to employees for business purposes within the university.
• The treasury function is a critical finance function that enables the finance department to develop its long-term financial strategy and policies through the implementation of sound financial controls and adhering to our standard operating procedures.
• Attributes associated with senior management level are critical to this role such as analytical and critical thinking, problem solving, relationship management, implementing appropriate oversight and instillation of controls. Continuously Improve the Treasury function activities and mature processes to facilitate attainment of strategic objectives efficiently and effectively.

Responsibilities:

Institutional Cashflow/banking management:

• Daily Cashflow management: Monitor daily cash positions to ensure sufficient liquidity to meet operational and strategic needs, oversee the execution of daily cash management activities and mitigate risks.
• Forecasting and Analysis: Oversee short term and medium term cashflow forecasting, collaborating with internal stakeholders improve forecast accuracy.
• Bank Account Management: Optimize the institutions bank accounts, ensuring efficient cash pooling and accounts management.
• Oversee the management and administration of banks credit card/e-wallet cards program , ensuring alignment with the finance policy, delegation of authority and standard operating procedures.
• Short -term funding: Arrange short funding /borrowings as required, such as revolving credit facilities while minimizing costs.
• Support institutional initiatives related to new business /courses through treasury advisory support, ensuring appropriate banking set-up and treasury administration support.
• Stakeholder management and engagement to ensure the banks provide the relevant services that are commensurate to the costs /bank charges that we incur as an institution.
• Initiates and partners on cross-functional cash-related projects and process improvements across the university
• Manage and maintain all banking profiles register for the institution and coordinate the release of funds (approvals) for, but not limited to Payroll, SARS, Pension Funds, Medical Aids, and Suppliers.
• Develops, implements and monitors procedures to ensure cost-effective workflow in processing and applications of cash management.
• Develops an understanding of the core processing system and any ancillary modules required to support cash management.
• Develops appropriate processing standards for unidentified deposits and report timeously and accurate for effective and efficient control.

Investment Management:

• Monitor investments and returns and identify strategies to maximize returns as per the university investment strategy.
• Oversee growth in assets and ensure practices in place to yield acceptable returns.
• Fund managers relationships: Manage and enhance relationships with fund managers aligned to the mandates provided to them.
• Partner collaboratively with Investment consultants to drive and implement the investment strategy.

Overall:

• Review reconciliations of control accounts monthly ensuring completeness and accuracy.
• Automation and Efficiency: Identify and implement process improvements, automation tools and best practices to enhance treasury operations.
• Internal Controls: Ensure robust controls and procedures are in place for all treasury activities, particularly in cash and risk management.
• Scenario analysis and stress testing: Conduct stress testing and scenario analysis to assess the potential impact of adverse financial conditions on cash flow and liquidity.
• Audit support: Provide necessary documentation and reporting for internal, forensic and external audits as related to treasury functions.
• Research and understand current and new regulations that may apply to the treasury management systems and processes.
• Reporting: Compile and distribute daily cash flow report and prepare quality insightful investment committee cashflow reports that enable effective decision making and support.
• Manage and develop staff within the division.
• Ensure compliance with relevant legislation and regulations.

Minimum requirements

• Registration with SAICA as a Chartered Accountant or registration with CFA as Chartered Financial Analyst
• Honours in Bachelor of Commerce in Finance or Accounting (or equivalent qualification).
• Strong understanding of Treasury management systems, processes, financial modelling and Microsoft Excel.
• Five (5) years' managerial experience in a position with a medium to a large staff contingent.
• Proven experience with MS Office Suite (Word, Excel, Outlook, PowerPoint).
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Comprehension and ability across key treasury function activities.

Competencies and Behavioral Attributes:

• Analytical Skills: Proficiency in financial analysis, forecasting methods, and data analysis to inform strategic decision-making.
• Financial Expertise: Deep understanding of accounting principles, best practices, and relevant regulations.
• Communication Skills: Ability to explain complex financial information in clear and concise language.
• Critical Thinking: Strong critical thinking skills to create financial cashflow forecasts and make informed decisions.
• Problem-Solving: Ability to navigate complex situations and utilize expertise to advance the University's goals.
• Data Management: Adept at handling large amounts of data, organizing it for easy access, and keeping it accurate and up to date.
• Compliance: Commitment to staying informed about relevant laws and regulations.
• Communication & Interpersonal Skills: Excellent verbal and written communication skills, along with strong computer literacy.
• Planning & Organization: Proven planning and organizational abilities.
• Business Acumen: Strong business acumen to understand the financial implications of decisions.
• Collaboration & Conflict Resolution: Ability to work collaboratively, manage conflicts effectively, and achieve positive outcomes.
• Strategic & Operational Thinking: Ability to think strategically and operationally, make quick decisions, and adapt to changing situations.
• Delegation & Accountability: Ability to delegate tasks, take ownership of work, and monitor performance for improvement.
• Relationship Management: Ability to build and maintain positive relationships with various stakeholders.

Apply by: 20 June 2025