Treasury Manager

Principal Accountabilities

Treasury

Sourcing for Funding

• Support and manage local financing activities, including loan facilities, credit lines, and operational funding requirements.
• Prepare and submit required documentation for financing negotiations, regulatory compliance, and reporting obligations.
• Ensure full compliance with local financial laws, tax regulations, and internal audit requirements.

Cash Management

• Funding plan preparation, updates and analysis of funding prices to obtain optimal pricing.
• Daily Cashflow monitoring by maintaining a balance between liability settlement and collections.
• Investment of idle cash to ensure that there is enough liquidity for operations.

Manage Bank and Partner Relationships:

• Act as the Primary Focal Points for all Banks
• Ensure that the Company Facilities with the Banks and partners are properly maintained and documented.
• Negotiate and implement favorable terms on the funding Facilities and as may be required by Local or

Group treasury Management

• Ensure that the Company interest is safeguarded from exposure, including but not limited to fraud and misappropriation.
• Maintain the Signatory Lists as per the Group Policy both internally and with the Banks.
• Monitor Interest Rates movements and ensure fair pricing to the Company.
• Scan the market and propose new Banking and Partner Relationships that may be worth to the Company.

Banking Transactions and Balances

• Ensure that all transactions in the Banks are timely, correct and as approved.
• Ensure timely and correct capture of Banking Transactions in AMBS
• Monitor Bank Balances to ensure optimum interest exposure.
• Monitor Bank Balances to ensure funds are available to meet the Company’s requirements
• Calculate, verify and challenge Interest Costs charged by the partners and ensure correct booking in the System.
• Ensure that all Banking Platforms are safe and operational

Exchange Rate Management

• Monitor Exchange Rates movement and keep Management informed of changes.
• Follow on impact of Exchange Rates movements, advise Management of Hedging Requirement as per Group Policy and apply hedging where required and agreed
• Implement back-to-back financing for foreign denominated loans where applicable.
• Negotiate with Bank for appropriate rates for Foreign Exchange Transactions (Spot and/or forward).
• Implement transactions (spot and/or forward) to ensure that Company requirement in terms of foreign currency is met at the lowest costs.

Mobile Financial Services

• Ensure all Mobile Financial Services transactions are reconciled and allocated to respective third parties.
• Ensure revenue assurance and full and complete revenue recognition.

Treasury Reporting

• Responsible for disseminating Treasury Reporting both internally and to the Group
• Ensure that verified and approved Management Information, debt covenants and any other such requirement are shared with the funding partners
• Report and attend the monthly Treasury call with the Group Treasury Team
• Prepare quarterly cashflow forecasts and share with Group Treasury within the specified timelines.
• Ensure that all Key Performance Indicators for Treasury are within acceptable range.

Credit Management and Cash Collection

Third party collection agencies and legal action:

• Use of Collection Agency debt > 90 days overdue

Provisions, write-offs and recoveries: Recommend:

• Provision for bad and doubtful debts according to Group policy (ECL workings)
• Recoveries adjustments
• Bad Debt Write-offs

Risk Management

• Preparation of Asset and liability reports to be presented at the Risk committee meeting
• Monitor interest rate, credit and liquidity risks, report on gaps and recommend actions to remedy the gaps

Key Challenges:

• Optimize company resources, updated policies, procedures, controls and reconciliation to reduce risk.
• Timely payments to both suppliers & staff
• Maintain optimum pricing from lenders

Job Knowledge, Skills & Experience:

• Degree in Commerce or Finance or Banking, and Treasury Qualification.
• ACCA/ CPA or MBA or Treasury Qualifications e.g. ACT are an advantage
• Treasury policies, procedures & controls
• Minimum of 3–5 years’ experience in treasury management, finance, or accounting roles.
• Manage cash, forecast, plan cash flow
• Banking transactions
• Transfer Pricing Policies & Laws
• Risk & forex exposure
• Business Control framework