Job Purpose:
The Treasury Manager is responsible for overseeing the organisation's treasury operations, including cash flow forecasting, liquidity management, banking relationships, and investment activities. The role ensures optimal use of the company's cash resources, compliance with financial policies, and the development of effective banking and funding strategies.
Key Responsibilities:
1. Cash Management:Monitor daily cash positions to ensure sufficient liquidity to meet operational needsPrepare short-term and long-term cash flow forecastsOptimise cash balances across multiple accounts and entitiesOversee cash concentration, pooling arrangements, and intercompany fund movementsManage and control electronic banking platforms
2. Bank Relationship Management:Serve as the primary point of contact for all banking partnersNegotiate banking terms, fees, and services to support cost-effective operationsMaintain up-to-date bank account documentation and authorised signatoriesEvaluate and select banking partners based on performance and service offeringsMonitor bank performance and service levels regularly
3. Treasury Operations:Manage and report on company debt, credit facilities, and covenant complianceExecute foreign exchange, interest rate hedging, and other treasury transactions where applicableEnsure treasury transactions are recorded accurately and timelyAssist with the implementation of treasury management systems (TMS) or banking technology
4. Compliance and Risk Management:Ensure compliance with internal controls, policies, and proceduresMonitor counterparty risk and ensure compliance with treasury policiesCoordinate with auditors and regulators as required
5. Reporting and Analysis:Prepare treasury reports for senior management, including cash flow analyses and variance explanationsSupport budgeting and forecasting processes with cash flow inputsAnalyse working capital trends and provide recommendations for improvement
Qualifications & Experience:
Bachelor's degree in Finance, Accounting, Economics, or related field.Professional certification (e.g., CTP - Certified Treasury Professional, CFA, CPA) is preferredMinimum 5 years of relevant treasury or finance experience, with at least 2 years in a managerial roleExperience with treasury systems, ERP platforms, and online banking tools
Skills & Competencies:
Strong analytical and quantitative skillsHigh attention to detail and accuracyEffective negotiation and interpersonal skillsProficiency in Excel and financial modelingAbility to manage multiple tasks and deadlines under pressureSound understanding of financial markets, instruments, and treasury productsKnowledge of regulatory frameworks and compliance practices related to cash and banking
Desirable Attributes:
Experience in multinational or multi-currency environments.Strategic thinker with a hands-on, problem-solving approach.Proactive communicator and collaborator across departments.