NSA Senior Manager - Treasury

Nissan Motor Co., Ltd.; Akasia; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

A leading company in the automotive industry is seeking a Senior Manager for Treasury. The successful candidate will oversee receivables, payables, and treasury functions, ensuring proper financial control and compliance with legislation. This role requires extensive experience in finance, strong managerial abilities, and the capacity to foster relationships with stakeholders.

Qualifications

• 8-10 years’ experience in finance or relevant treasury knowledge in the automotive industry.
• Management experience overseeing finance functions is required.
• B.Com Honors and/or qualification in treasury or finance administration are essential.

Responsibilities

• Manage and oversee receivables, payables, and treasury teams.
• Enforce compliance to financial regulations and standards.
• Monitor and manage credit risk and develop strong supplier and customer relationships.

Skills

Strong managerial skills

Team skills

Interpersonal skills

Communication skills

Problem-solving ability

Education

B.Com Honors in Finance

CA (SA) Preferred

Tools

MS Office (Excel, Word, PowerPoint)

SAP

Job description

• Financial & General Accounting Standards

POSITION/TITLE : SENIOR MANAGER - TREASURY

DIVISION : CORPORATE

DEPARTMENT : FINANCE - TREASURY

QUALIFICATIONS & EXPERIENCE

• B.Com Honors and / or supplement qualification in treasury or finance administration and Mngt

• CA (SA) Preferred

• 8- 10 Years' experience in Finance and or relevant treasury knowledge in the Automotive Industry

PURPOSE / DETAILS OF THE JOB

1) Management & Overseeing full scope receivables function:

• Manage and oversee debtors team (including the below :)
• Enforce proper financial control in place over receivables and proper housekeeping standards applied
• Ensure adherence to good practice and compliance to relevant legislation
• Review of monthly reconciliations
• Monitoring and management of credit risk
• Enforcing strong customer relationships
• Planning and Overseeing Implementation of practical improvements and efficiencies over the receivables process
• Communicating and Recommendation for approval on business activity (value add) - Managing discounting

• Management & Overseeing full scope payables function:

• Manage and oversee outsourced payables function/team (compliment (includes overseeing :)
• Enforce proper financial control in place over payables and proper housekeeping standards applied - Enforce adherence to good practice and compliance to relevant legislation
• Review of monthly reconciliations
• Monitoring and management of liquidity risk and enforcement of sound control to prevent/deter fraud - Build strong supplier relationships
• Planning and Overseeing Implementing practical improvements and efficiencies over the payables process
• Communicating and Recommendation for approval on business activity (value add) including cost saving.

• Management & Overseeing full scope treasury function:

• Manage and oversee treasury team (includes :)
• Enforce proper financial control in place over treasury (cash flow activity) and proper housekeeping adhered to
• Ensure adherence to good practice and compliance to relevant legislation
• Ensure adherence and compliance to SARB requirements
• Review of monthly reconciliations

• Monitoring and management of cash projections and daily cash activity
• Enforcing strong relationships with external stakeholders and bankers
• Planning and Overseeing Implementing practical improvements and efficiencies over the

treasury process

• Communicating and Recommendation for approval on business activity

4) General functions:

• Manage and oversee performance and delivery of receivables, payables and treasury teams
• Overseeing development of skills within the team and improvement of processes/functions
• Report into/advise inform and recommendations to General Manager Finance

KEY PERFORMANCE AREAS

• Receivables overdue confined within minimum (x%) of debtors balance

• Credit risk exposure minimized

• Strong customer relationships supported

• Payables accounts reconciled, and payments executed ito contractual terms.

• Strong supplier relationships supported

• Compliance to SARB and related regulation/legislation adhered to and process functioning standardized to archive the fore mentioned.

• Cash flow planning/Cash management projected accurately and dealt with to achieve maximum wealth, and liquidity risk controlled.

• Functional area people performance enhanced and delivery of maximum value add.

• Strong bank and external stakeholder relationships formed and supported.

• Managing discounting and other initiatives (e.g. supplier finance) to increase FCF.

CRITICAL COMPETENCIES

• Strong managerial, Interpersonal, people and team skills (Strong people management skill)
• Strong ability to network, manage and build relationship business partnering skill
• Good Communication Skills (Expression of self & understanding of others)
• Organisational ability and ability to direct the application and implementation of practical process and structures
• Ability to co-ordinate ("project manage/process manage")
• Ability to identify problems and practical solutions to overcome problem(s)
• Advanced ability to use excel and understand systems
• Strong and Sound judgemental ability in applying financial management principles
• Analysis, understanding and interpretation of data/information
• Ability to drive delivery and quality of delivery from the team in pressure situations & maintain required standards
• Ability to view "the big picture" and drive achievement of the big picture
• Very strong general and intuitive knowledge, to pick up on aspects (risks/opportunities/problems etc.)

SPECIAL REQUIREMENTS

SUBJECT KNOWLEDGE

ATTRIBUTES

• SARB Regulations
• VAT Act of South Africa & related
• MS Office (Excel, Word, Power Point)
• SAP (Preferred)

• Financial & General Accounting Standards

Principles

• Working capital management
• Companies Act
• Motor Industry Knowledge/Manufacturing

Knowledge (Preferential)

• People person
• Leader
• Committed & Target driven
• Delivery/Deadline driven (Perform)
• Continuously learning (Learner) and Measuring to assess and improve/enhance performance
• Likes Challenge(s) and is competitive
• Cross-functional, cross cultural
• Transparent
• Strong work ethic
• Structured/organised
• Logical & Practical

Gauteng South Africa