Treasury Specialist at The South African Broadcasting Corporation (SABC)

MAIN PURPOSE OF POSITION

• The purpose of this role Is to be the custodian of assets and value protection as well as supporting the company’s financial strategy in creating cost-effective budget solutions that enhance the financial health of the organization, also inculcating sound and effective corporate financial risk and governance measures through the optimization of policies and standard operating procedure that are correctly Implemented throughout the organization with effective control mechanisms in place.
• The South African Broadcasting Corporation (SABC) requires a high performing Treasury Specialist to optimize liquidity management, mitigate financial risks, and improve cash flow sustainability. The incumbent will play a critical role in stabilizing SABC’s financial position by implementing robust treasury controls, raising and managing debt, and ensuring efficient capital allocation.

DUTIES AND RESPONSIBILITIES:

Liquidity & Cash Flow Management:

• Monitor daily cash positions and forecast short- and long-term funding requirements.
• Develop strategies to optimize working capital and reduce reliance on short-term borrowing.
• Implement cash preservation measures in line with SABC’s turnaround objectives.

Debt & Funding Strategy:

• Develop a Funding strategy aimed at the short, medium and long-term financial needs.
• Conducts forward scenario planning on organization-wide funding,
• Analyse and develop Funding Models that respond to the Annual Approved Budget.
• Determines financial risk related to Funding Strategies and plans for long-term sustainability.
• Plan scenarios around various funding options.
• Medium Term and Long-Term Investment decision analyses and review.
• Assess and restructure existing debt obligations to improve terms and reduce financial strain.
• Support negotiations with lenders, banks, and government stakeholders for favourable
• financing solutions.
• Explore alternative funding mechanisms (e.g., asset monetization, public-private partnerships).

Stakeholder Engagement:

• Collaborate with internal teams (Finance, Procurement, Operations) to align treasury activities with cost-saving initiatives.
• Liaise with external partners (banks, National Treasury, auditors) to ensure transparency and compliance.

Internal Collaboration:

• Work closely with Finance, Procurement, and Operations to align treasury strategies with cost-saving initiatives.

External Partnerships:

• Engage with banks, investors, National Treasury, and auditors to secure funding and ensure transparency.

Reporting & Governance:

• Prepare treasury reports for EXCO, the Board, and regulators.
• Ensure adherence to PFMA (Public Finance Management Act) and other relevant legislation.
• Evaluate and restructure existing debt to reduce costs and extend maturities.
• Negotiate with financial institutions, government, and development funders for favourable funding terms.
• Explore alternative financing options (e.g., bond issuances, PPPs, asset-backed financing).

Banking & Treasury Operations:

• Oversee bank relationships, account structures, and transaction efficiency.
• Ensure compliance with treasury policies and internal controls.

Investment Management

Portfolio Strategy:

• Assess SABC’s current investment portfolio (if applicable) and recommend adjustments for better returns.
• Develop an investment strategy
• Develop an investment policy aligned with SABC’s risk appetite and liquidity needs.
• Introduce new financial markets counterparties
• Drive the preparation of the DMTN( Domestic Medium-term Note) program.

Capital Allocation:

• Advise on optimal allocation of surplus funds (e.g., money market instruments, fixed-income securities).
• Monitor investment performance and regulatory compliance (PFMA, National Treasury guidelines).

7. Financial Risk Management

Risk Identification & Mitigation:

• Assess exposure to currency, interest rate, credit, and refinancing risks.
• Develops hedging strategies to mitigate foreign exchange risk.
• Manage Currency and Interest Rate Risk for the organization.
• Strengthen treasury policies, controls, and compliance with regulatory requirements.
• Advise on hedging strategies where applicable.
• Develop, review and implement FX policy to address gaps and promote accountability.
• Work closely with the Technology division advising, tracking and monitoring all their FX exposures.

Internal Controls & Compliance:

• Strengthen treasury risk frameworks and ensure adherence to PFMA, King IV, and other regulations.
• Conduct stress testing and scenario analysis for financial resilience.
• Stakeholder & Strategic Engagement.

Reporting & Governance:

• Prepare detailed treasury and investment reports for EXCO, the Board, and regulators.
• Present recommendations on financial strategies to support SABC’s turnaround.
• Monitor and report on the operational risk and compliance profile as related to finance.
• Develop and review internal control measures to ensure good governance.
• Oversee the management of financial risks to protect organisational integrity, create value.
• Prevent financial loss and ensure compliance with applicable policies and regulations.
• Monitor the execution of Internal risk audits per the checklist to identify and address gaps and provide execution of mitigation strategies.
• Champion the business partner relationship, constantly seeking out ways of adding further value to the business through collaboration. Coaching, education, and appreciation of the business priorities.

INHERENT/MINIMUM REQUIREMENTS

QUALIFICATIONS

• Bachelor’s degree in Corporate Finance/ Banking/Investment Management /Econometrics.
• Honors degree in Corporate Finance/ Banking/Econometrics/ Investment Management.
• Proficiency in treasury management systems (e.g., SAP, Fikon Star, Bloomberg).

EXPERIENCE

• 5+ years' experience in treasury/corporate finance, preferably in the public sector and or Banking.

 KNOWLEDGE

• Investment Legislation
• Business planning
• Budget management and forward scenario planning
• PFMA and relevant national treasury regulations
• Strategic management
• Financial accounting standards
• Trend analysis
• Understanding of the different Role players within the broadcasting landscape
• Understanding of applicable legislative frameworks and regulations

PERSONAL ATTRIBUTES

• Strong analytical and problem-solving skills.
• Ability to work under pressure in a turnaround environment.
• Excellent negotiation and stakeholder management skills.

PERFORMANCE METRICS

• Improvement in cash flow visibility and liquidity ratios, reduction in cash flow volatility and increased working capital efficiency.
• Reduction in financing costs and extension of debt maturities.
• Implementation of cost-effective treasury processes.
• This specification balances technical treasury expertise with the urgency of SABC’s turnaround needs. Adjust as per specific internal policies or additional requirements.
• Develop and maintain short- and long-term cash flow forecasts to ensure liquidity.
• Implement strategies to improve working capital efficiency (e.g., receivables/payables management).
• Funding Success: Securing sustainable funding at optimized costs.
• Risk Mitigation: Implementation of effective hedging and risk management strategies.
• Investment Returns: Enhanced performance of investment portfolios (if applicable).

TECHNICAL SKILLS

• Financial modelling and cash flow forecasting.
• Expertise in treasury management systems (TMS) and ERP software (e.g., SAP).
• Knowledge of public sector financial regulations (PFMA).

Deadline:28th November,2025