Treasury Specialist at Glencore

OVERVIEW:

• The Regional Treasury function in Africa supports all of Glencore’s Africa operations across commodities for both their marketing and asset divisions. The function is responsible for FX risk management, liquidity management, trade finance, bank facilities/ intercompany funding structures, capital structuring, managing exchange control and local regulatory requirements and managing the relationships of our banks in the region.
• The Regional Treasury Specialist will support the Regional Treasury function ensuring it meets its key objectives whilst continually searching for opportunities to streamline, optimize, generate efficiencies, and add value to the Group.

KEY RELATIONSHIPS:

• Regional Treasury - Africa
• Group Treasury
• Group Finance Systems team
• Business Unit Treasury teams
• Business Unit CFO`s, CEO`s, Commercial and Finance team
• Marketing team
• Banks

QUALIFICATION & SKILL REQUIREMENTS:

Minimum Qualifications:

• Tertiary Qualification – Degree qualified

Competencies:

• Excellent interpersonal and communication skills.
• Strong leadership and relationship building skills, both including internal and external stakeholders.
• Self-motivated, highly pro-active and resilient attitude.
• Superior business, facilitation, analytical and leadership / management and negotiation capabilities.
• Fluent in English.
• Ability to travel to Glencore operations in Africa.

 Work Experience:

• Minimum 5 years` experience in a similar role, commodity / Africa experience and advantage.

GENERAL ACCOUNTABILITY:

• FX Risk Management – devising strategy, implementing procedures and execution.
• Liquidity Management – management of funding requirements, long term liquidity analysis and planning, implementing structures required to efficiently manage cash whilst adhering to regulatory and legislative requirements for the related jurisdictions.
• Trade Finance – issuing and negotiating LC’s, guarantees, performance and rehab bonds. Working with Back Office to ensure all deals are recorded and accurately updated in our systems.
• Facilities – Negotiate and implement bank facilities as required by the business, ensure intercompany loan documentation is always kept up to date to cover any intercompany funding.
• Reporting – Develop and prepare various weekly and monthly treasury reports.
• Bank Relationships – actively maintain our relationships with the various teams within the bank.
• Drive Treasury projects to ensure the Africa Treasury structure always follows best in class principles.