Manager - Treasury Operations

Watershed Consulting; Durban North; On-site; ZAR 800 000 - 1 200 000; Full time

Job summary

A financial consulting firm in Durban North seeks a Manager of Treasury Operations to lead a dynamic team in a banking environment. This role requires overseeing daily cash flow, treasury leadership, and compliance. Ideal candidates should have 7-10 years in treasury with strong banking experience. You'll drive strategic financial management and shape investment strategies, while mentoring a high-performing treasury team. Join a forward-thinking organisation and contribute to its financial success.

Qualifications

• 7-10 years of treasury or corporate finance experience, with at least 3 years in leadership.
• A minimum of 5 years core banking experience.
• Strong knowledge of treasury operations, capital markets, and risk management instruments.

Responsibilities

• Own the daily cash flow engine: forecasting, and monitoring liquidity.
• Oversee settlements, reconciliations, and controls efficiently.
• Shape short-term borrowing and investment strategies.

Skills

Treasury Management

Risk Management

Compliance

Treasury

Leadership

Financial Management

Education

Degree in Finance, Accounting, Economics, or similar

Postgraduate, CFA, or ACT (bonus)

Tools

Treasury Management Systems (TMS)

ERP platforms

Job description

Manager - Treasury Operations Watershed Consulting • Durban North, KwaZulu Natal, South Africa

Manager – Treasury Operations

Are you ready to take the helm of a dynamic Treasury Operations team within a banking environment? We’re looking for a driven professional who thrives at the intersection of strategy, leadership, and hands‑on financial management within the financial services sector. In this role, you’ll ensure our banking organisation runs with precision liquidity, strong compliance, and an innovative approach to treasury.

What You’ll Be Driving

• Cash & Liquidity Mastery – Own the daily cash flow engine: forecasting, monitoring, and making sure the organisation has the liquidity it needs to grow.
• Treasury Operations Leadership – Oversee settlements, reconciliations, and controls with an eye for detail and efficiency.
• Funding & Investments – Shape short‑term borrowing and investment strategies, optimising returns and minimising costs.
• Risk & Compliance Champion – Keep a sharp focus on FX, interest rate, and liquidity risk exposures, ensuring compliance with global best practice.
• People Leadership – Mentor, coach, and grow a high‑performing treasury team while building strong relationships across the business and with external partners.

What You’ll Bring to the Role

• A degree in Finance, Accounting, Economics, or similar. (Postgraduate, CFA, or ACT is a bonus!)
• 7–10 years’ treasury or corporate finance experience, with at least 3 years in leadership.
• A minimum of 5 years core banking experience.
• Strong knowledge of treasury operations, capital markets, and risk management instruments.
• Experience with treasury management systems (TMS) and ERP platforms.
• A strategic mindset with a hands‑on, detail‑driven approach.

Why This Role?

This is more than treasury operations – it’s a chance to shape the way capital, liquidity, and risk are managed across a forward‑thinking organisation. You’ll work at a strategic level while staying close to the numbers, leading a team that’s integral to the financial success of the business.

If you’re a financial leader who thrives under pressure, loves solving complex problems, and wants to leave your mark on a fast‑paced environment this is your opportunity.

Skillset Required

• Treasury Management
• Risk Management
• Compliance
• Treasury
• Leadership
• Financial Management