FINANCE MANAGER: CASH & TREASURY

Agricultural Research Council; Alberton; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A research organization in Alberton seeks a Treasury Manager to oversee cash management, banking relationships, and implement treasury best practices. Candidates should have a degree in Finance or Accounting and a minimum of 5 years' experience in treasury roles, with strong analytical skills and proficiency in treasury systems. This position offers an opportunity to contribute to financial sustainability initiatives and optimize working capital.

Qualifications

• Minimum 5 years of experience in a treasury role.
• Strong analytical skills with a focus on cash flow analysis.
• Proven track record in managing banking relationships.

Responsibilities

• Monitor and manage daily cash balances and forecast cash requirements.
• Ensure sufficient liquidity and oversee cash pooling arrangements.
• Manage relationships with banking partners and negotiate terms.

Skills

Cash management

Treasury systems

Financial risk management

Investment management

Education

Degree in Finance or Accounting

Tools

Excel

Treasury software

Job description

Responsibilities

• Monitor and manage daily cash balances and forecast short-term and long-term cash requirements.
• Ensure sufficient liquidity to meet operational and strategic needs, including managing working capital.
• Oversee cash pooling, inter-company funding (petty cash and bank charges) arrangements, and internal transfers.
• Manage and maintain relationships with banking partners, including negotiation of terms, fees, and credit facilities.
• Administer treasury systems and ensure accurate and timely reporting of cash positions and treasury transactions.
• Evaluate and manage investment of surplus funds in accordance with approved policies.
• Develop and implement cash and treasury policies, procedures, and internal controls to safeguard assets.
• Prepare cash flow analysis for senior management.
• Provide insights into treasury performance, cost saving opportunities, and financial risk exposure.
• Support internal and external audits, ensuring compliance with regulatory and statutory requirements.
• Collaborate with finance, legal, and operations teams to support business initiatives and strategic planning
• Contribute to working capital optimisation and financial sustainability initiatives.
• Implement treasury best practices and continuous process improvements.
• Enforce financial & Internal Controls.
• Risk and investment management.
• Staff management.
• Review General ledger and bank account and petty cash reconciliations.
• Cash and short-term investment management.
• Recording, allocating and reconciling all bank and cash transactions, including EFTs and foreign exchange, receipts, payments, and petty cash.
• Follow-up of unknown deposits with the bank.
• Submit vat returns to SARS and manage vat payments.