Treasury Manager (Retail) at Primera Africa Finance Group

Key Responsibilities:

Treasury Management:

• Develop and implement cash flow forecasting models to ensure sufficient liquidity for day-today operations.
• Monitor and manage the company's bank accounts, including reconciliations and transaction verification.
• Evaluate and negotiate banking services and fees to minimize costs and maximize efficiency.
• Implement and maintain treasury policies and procedures to mitigate financial risks.

Cash Flow Optimization:

• Analyze financial data to identify opportunities for improving cash flow and working capital management.
• Collaborate with procurement and inventory management teams to optimize inventory levels and reduce holding costs.
• Develop and implement strategies to accelerate receivables and extend payables within acceptable terms.

Financial Reporting and Compliance:

• Prepare periodic reports on cash flow, working capital, and accounts payable metrics for management and stakeholders.
• Ensure compliance with accounting standards, tax regulations, and internal policies.
• Assist in audits and provide necessary documentation to auditors.

Team Leadership:

• Supervise and mentor a team of treasury and accounts payable professionals.
• Provide training, guidance, and performance evaluations to ensure a high-performing team.
• Technology and Process Improvement:
• Identify opportunities for automation and streamlining of treasury and payables processes.
• Collaborate with IT teams to implement and maintain financial systems and tools.

Skills, Competencies and Requirements:

Functional Competencies/Requirements:

• Knowledge and understanding of the Supermarket/Retail business
• Demonstrates Problem Solving & Analysis skills
• Customer Relationship Management
• General Management Competencies/Requirements:
• Strong Analytical, Communication and Problem-solving skills
• Strong People Management Skills
• Strong Time Management & Multi-tasking skills
• Ability to plan, schedule and coordinate effectively
• Communication Skills

Educational Qualifications/Experience:

• Bachelor's degree in Accounting, Finance, or a related field.
• ACA/ACCA or equivalent certification is a plus.
• Proven experience (4 years) in treasury management and accounts payable, preferably in the retail or supermarket industry.
• Strong understanding of financial systems and technology, including proficiency in Excel and financial software.
• Knowledge of financial regulations, accounting principles, and tax laws.
• Excellent communication and interpersonal skills.
• Strong analytical and problem-solving abilities.
• Ability to work well under pressure and meet deadlines.
• Leadership and team management experience