Treasury Analyst

Oceana Group Limited; Cape Town; On-site; ZAR 500 000 - 750 000; Full time

Job summary

A leading South African company is seeking a Treasury Analyst responsible for cash and risk management, ensuring stakeholder engagement, and executing foreign exchange transactions. The ideal candidate will have 5+ years’ experience in a FMCG environment and a finance degree qualification is advantageous. This role requires strong analytical thinking, effective communication skills, and the ability to thrive in a fast-paced environment. Don't miss the chance to join a dynamic treasury team.

Qualifications

• 5+ years' experience in a FMCG environment.
• Experience dealing with imports & exports.
• Local and International banking knowledge.

Responsibilities

• Prepare daily cash position and forecasts for the Group.
• Manage foreign exchange transactions.
• Liaise with internal and external stakeholders.

Skills

Attention to detail

Communication skills

Analytical thinking

Ability to multitask

Agility in fast-paced environments

Education

Finance degree qualification

Job description

Purpose Of The Role

The Treasury Analyst will be responsible for various Treasury related tasks and duties within the central corporate Treasury team. The Analyst duties will include Cash and Risk Management, maintaining of good relationships with internal / external stakeholders and on-going Group Treasury reporting. The analyst will also execute foreign exchange transactions, in line with group policy and ensure that daily, weekly and monthly reporting are up to date within the group's Treasury Management System (TMS). This role will also support on the different methods of payments, accurate capturing of financial information and data, performing in-depth reconciliations, timeous liaising with financial institutions e.g. account opening forms, queries on foreign exchange transactions, payment instructions etc. and ensure that all records are up to date (internally and externally) within the scope of work.

Key Responsibilities

• Cash and Risk Management / Reporting: 1.1 Daily / weekly And Monthly Cash Position – Prepare the daily cash position for the Group and provide a borrowing / investment recommendation, as well as assessing alignment to weekly divisional forecast. Ensure cash is managed to maximize returns, whilst minimizing risk. Review and analyze the actual vs forecast cash position and ensure queries addressed with the internal stakeholders. 1.2 Daily / weekly And Monthly Cash Flow Forecasting – Collating and preparing cash flow forecast for the group, by making use of the TMS. Analyzing variances between actual figures vs forecasted figures. Analyzing variances between weekly forecasts submitted. Engage with all internal divisions, to solve variances. Reporting on different forecasted scenarios and positions. Prepare monthly cash flow forecasting reports.
• Foreign Exchange Management / Reporting: 2.1 Foreign Exchange Payments And Receipts – Accurate and timeous tracking of all import and export payments / receipts on a daily, weekly and monthly basis (e.g. Open accounts, FEC's etc.). Prepare instructions to financial institutions, on all foreign exchange payments and receipts. Ensuring sufficient funds are available for operational and capital investment requirements. In depth reconciliation between actual payments and receipts. 2.2 Foreign Exchange Management – Act as authorized dealer for the Oceana Group. Ensure that all foreign exchange transactions are executed in an accurate and timeous manner, at the most cost‑effective price. Ensure that the Oceana Group are always within the Group hedging policy. Ensure that all foreign exchange transactions remain within regulations of exchange control. Preparation of foreign exchange calculations including cash flow impact of swaps, early deliveries, extensions and draw downs and explaining the effects to divisional management. Timeous and accurate daily capturing of all forex transactions on the internal Treasury Management System (TMS). Month end reporting, including Mark-to-Market Valuations. Ensuring that all forex transactions within the TMS are matched to the relevant bank confirmations. Following up on discrepancies between the TMS and the bank confirmations. Liaising with the different divisions within Oceana on any queries relating to Forex transactions / data that need to be captured. In depth reconciliation between actual forex deals and TMS reports. Preparation of monthly forex graph reporting.
• Banking: Maintaining bank accounts opening and closure process, mandates, authorized persons / signatories and SSI's. Preparation of KYC queries and documents.
• Stakeholder Engagement: Liaison with internal and external audit and ensure any findings are adequately and timeously addressed. Liaison with relevant internal stakeholders on forecasts, resolution of queries, information requests. Attend meetings, workshops and events as a representative of the Company and be willing to participate in projects where Treasury input is required. Provide support to Treasury Manager when evaluating new products, assessing their benefits and suitability to the Group based on the Treasury and Group strategy. Assist in the development and maintenance of relationships with banks and financial institutions. Oversee the process on all foreign exchange needed for travelling purposes.
• Other Financial Assistance / Duties: Maintain accurate and organized records of all treasury transactions, ensuring audit‑readiness. Provide input into the design and implementation of treasury processes, procedures and policies, including policy development and maintenance. Plays active role in Treasury improvements. Managing timelines and deadlines. Supports Treasury Manager on projects and other assignments related to Group finance, M&A, reporting. Act as a back up to Treasury Manager. Collaboration Across Teams: Work cross-functionally with departments to support treasury operations. Report any findings within accounts to the manager / team. Assist in preparation of Group Treasury Report. Performing administrative duties to support daily operations.

Knowledge, Skills And Attributes

• Great attention to detail.
• Ability to multi-task, prioritize and work under pressure.
• Deadline driven – understands the necessity of daily Treasury deadlines and the importance of meeting them.
• Strong communication and interpersonal skills.
• Strong EQ.
• Analytical Thinking skills.
• Confident and resilient.
• Agile and able to adapt to a fast-paced environment.
• Behavioral competencies – Decision making and judgement, Action orientation, Teamwork, Interpersonal skills, Relationship building, Written and verbal communication, Analytical thinking, Business acumen, Strong planning and execution.
• Technical competencies – Forecasting (short, medium and long term), banking knowledge including international banking, foreign exchange operational knowledge, system knowledge including data analysis, extraction of information and development of reports beneficial, financial and commercial acumen.

Qualifications

• Finance degree qualification will be advantageous.
• At least 5 years' experience in a FMCG environment.
• At least 5 years' experience dealing with imports & exports, foreign exchange, SARB reporting, banks essential.
• Experience dealing with multiple stakeholders.
• Local and International banking knowledge.