Treasury Manager at Novella Africa

Job Summary:

• The Treasury Manager will be responsible for managing the organization’s financial activities, ensuring liquidity, managing financial risks, and optimizing the use of funds.
• The ideal candidate will be involved in strategic planning, financial management, and ensuring compliance with financial regulations.
• S/he will play a crucial role in supporting the company’s growth and financial health by implementing effective treasury strategies.

Responsibilities:

Cash Management:

•  Oversee daily cash flow management and forecasting.
• Ensure adequate liquidity for operational and capital requirements.
• Optimize cash management processes and improve cash conversion cycles.
• Monitor and manage the company's cash position and investment of surplus funds.

Financial Risk Management:

• Identify, assess, and mitigate financial risks, including currency, interest rate, and credit risks.
• Develop and implement risk management policies and strategies.
• Monitor and report on financial risk exposures and the effectiveness of risk mitigation strategies. 

Banking Relationships:

• Maintain strong relationships with banks and financial institutions.
• Negotiate banking facilities, loans, and credit terms.
• Manage bank accounts, including opening, closing, and reconciling accounts.

Treasury Operations:

• Supervise treasury operations, including payments, collections, and inter-company transfers.
• Ensure compliance with internal controls, policies, and procedures.
• Implement and manage treasury management systems (TMS) to improve efficiency.

Investment Management:

• Develop and implement investment strategies for surplus funds.
• Monitor investment performance and ensure alignment with the company’s financial goals.

Financial Planning and Analysis:

• Support budgeting and forecasting processes
• Provide analysis and insights on cash flow, liquidity, and financial performance   
•  Collaborate with the finance team to ensure accurate financial reporting.

Regulatory Compliance:

• Ensure compliance with local and international financial regulations and standards.
• Prepare and submit regulatory reports as required.

Team Leadership:

• Lead, mentor, and develop the treasury team.
• Promote a culture of continuous improvement and high performance within the team.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• Professional certifications such as CFA, CTP, or ACA/ACCA are preferred.
• Minimum of 5-7 years of experience in treasury management, preferably in the logistics and supply chain industry.
• Strong understanding of financial markets, instruments, and treasury operations.
• Proficiency in treasury management systems (TMS) and financial software.
• Excellent analytical, strategic planning, and problem-solving skills.
• Strong interpersonal and communication skills.
• Ability to work under pressure and meet tight deadlines.
• High level of integrity and professionalism.