Cash Management Manager

G-Core Capital; Sandton; On-site; ZAR 900 000 - 1 200 000; Full time

Job summary

A leading financial services firm in Sandton is seeking a Treasury - Cash Management Manager. The ideal candidate will have a BCom or Banking degree, along with 10 to 15+ years of experience in banking or corporate treasury. Key responsibilities include managing daily liquidity for subsidiaries, conducting reconciliations, approving GL vs Bank balances, and reporting on financial data. This role requires strong negotiation skills and proficiency in SAP and Excel, among other tools.

Qualifications

• 10 to 15+ years of experience in Front and/or Middle office Treasury.
• Experience with daily liquidity management for subsidiaries.
• Ability to negotiate optimal borrowing or deposit rates.

Responsibilities

• Manage daily liquidity for all subsidiaries.
• Conduct daily reconciliation of Domestic Current and call bank accounts.
• Provide weekly feedback to Head of Finance about team occurrences.

Skills

Bank and Corporate Treasury Experience

Knowledge of Economic Impacts

Intermediate Computer Literacy

Banking electronic platforms

Education

BCom Degree / Banking degree

Tools

MS Office

Excel

SAP

Job description

Treasury - Cash Management Manager (Sandton)

EXPERENTIAL AND EDUCATIONAL REQUIREMENTS

• Qualification : BCom Degree / Banking degree
• 10 to 15+ Years Bank and / or Corporate - Front and / or Middle office Treasury Experience
• Knowledge of Economic Impacts, Domestic and foreign markets
• Intermediate Computer Literacy (MS Office, Excel a must and SAP);
• Banking electronic platforms (Corporate; SWIFT, TMS, SAP, Kyriba (a plus))

Duties and Responsibilities

Domestic Cash Management

• Management of daily liquidity for all subsidiaries
• Daily reconciliation of Domestic Current and call bank accounts on Kyriba
• Daily Management of facility Limits with Banks
• Ensure daily funding for maturing Foreign exchange deals
• Validate Bank statements are imported daily
• Group Cash Pooling
• Negotiate optimal borrowing or deposit rates with Banks
• Update rates on Kyriba (Bank and Intercompany rates)
• Daily Cash sweeping To / From Subsidiaries

AD-HOC PROCESSES

• Manage Banking relationships [Facilities, Rates]
• Manage Corporate Cards [New, Replacement, Renewals]
• Update interest rates relating to Domestic accounts
• Audit and deliverables
• Weekly feedback to Head of Finance about all occurrences within the team
• Manage Electronic platforms
• Update Domestic Dealing Mandates
• Update Domestic Standard Settlements Instructions [SSI]
• Manage Group Policies, Standard Operating, Cash Management procedures
• Validate KYC and FICA as and when needed

REPORTING REQUIREMENTS

• Complete all required reporting requirements [Daily, Weekly, Monthly, Quarterly, Annual Budget]
• Reconcile & Analyse monthly Bank Charges
• Closing Cash Position reporting
• Approve GL vs Bank balances
• Ensure forecasting is updated monthly [Local & Foreign)
• Reconcile, submit and recovery intercompany interest
• Reconciliation of Cash Pooling GL's to Intercompany loans (Payables and receivable
• Ensure monthly collection of intercompany interest
• Loan and deposit register (Domestic)
• Update Card utilisation and save statements
• Quarterly reporting

STAFF MANAGEMENT

• Annual Target Setting
• Monthly one on one sessions