The Treasury Manager will play a crucial role in managing the company’s liquidity, funding, and financial risk management activities. This role is pivotal in ensuring the optimal use of financial resources, supporting business objectives, and safeguarding the company’s financial stability.
Key Responsibilities:
- Manage daily cash flow operations, including cash positioning, forecasting, and liquidity management.
- Develop and implement strategies for effective capital management, ensuring adequate funding for operational and strategic needs.
- Oversee foreign exchange, interest rate risk management, and hedging activities.
- Monitor and manage the company’s debt portfolio, ensuring compliance with covenants and efficient utilization of credit facilities.
- Lead the preparation and analysis of treasury reports, providing insights and recommendations to senior management.
- Maintain strong relationships with banks, financial institutions, and other stakeholders.
- Lead discussions and the process to open bank accounts in new regions and all finance facility requirements for Mauritius Group.
- Monitor and advise the finance team on working capital strategies to ensure effective cash generation.
- Lead debtor collections and implement strategies to reduce debtors days.
- Ensure compliance with internal policies, procedures, and regulatory requirements related to treasury functions.
- Working closely with the finance and operations team to minimize financial risk.
- Collaborate with the finance team to support budgeting, forecasting, and financial planning activities.
- Assisting the finance team in any other duties required.
Qualifications:
- ACCA qualified, or Level 3or registered Chartered Accountant.
- A minimum of 2-3 years of experience in treasury management.
- Proven track record in managing banking relationships and negotiating financing terms.
- Excellent analytical, problem-solving, and decision-making skills.
- Oversee, monitor and report daily operations related to the Group’s Treasury function.
- Develop, manage and recommend short/ long term Treasury strategies and plans.
- Develop and implement short/ long term cash flow forecast.
- Prepare and maintain periodic reports with respect to Group Treasury function's activities and achievements to be submitted to Treasury Committee.
- Manage relationship with our bankers including facility agent.
- Identify cost saving opportunities from Treasury & Banking perspective.
- Ensure and improve internal controls and stewardship measures.
- Perform banking Administration functions for the group.
- Working with the local Bank to optimize group transactional banking solutions.
- Cash management including the reporting and management of divisional notional limits and facilitating approved call deposit transactions.
- Administer the internal and external amortisation schedules including the processing of the applicable monthly journals (Mauritius Long term loan, treasury loans and senior debt), and balance sheet reconciliations (senior debt)
- Reporting and maintaining the schedule of guarantees for the group.
- Collation and submission of debtors ageing and order books.
- Calculate, monitor and report financial covenants.
- Assisting with policy updates and amendments.
- Preparation of group treasury meeting pack and minutes.
- Perform cash sweep calculations.
- Working capital management.
- Linking, uploading, and ensuring the timeous releasing of mandatory treasury contractual payments and statutory payments.
INTERNAL RECOVERIES:
- Processing and submission of intra group invoicing on a timely basis.
- Working with the Financial Manager to streamline the processing and accounting of related party transaction on a group basis.
TRADE DEBTORS MANAGEMENT:
- Perform credit checks on prospective new clients.
- Capturing and recording of receipts.
- Reconciliation of debtor’s accounts.
