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We are looking for an experienced and forward-thinking Principal Specialist - Group Treasury to work on:

• leading the treasury operations aspects relating to risk, compliance, reporting and monitoring processes within the Group Treasury department; and
• the execution of proposed funding transactions that support the strategic and operational objectives of the Vodacom Group and its subsidiaries.

This high-impact role plays a critical part in optimising liquidity, shaping capital structure, and leading treasury transformation initiatives within a dynamic, multinational environment. This role also plays a pivotal part in safeguarding financial integrity by embedding risk management and compliance practices across all treasury activities and implementing and optimising Treasury Management System capabilities to support automation, accuracy, and control.

• Support the development of structures and processes for the seamless and automated implementation of funding transactions across Group companies, aligned to business needs and capital structure targets
• Support refinancing initiatives, ensuring optimal implementation of proposed pricing, tenor, and covenants
• Manage relationships with banks, financial institutions, and investors to on the processing and implementation of proposed funding instruments (e.g. term loans, syndicated facilities)
• Support the execution of Group-wide debt programmes including documentation, drawdowns, and compliance with conditions precedent

• Maintain and monitor the Group's consolidated cash forecast, identifying risks and opportunities across markets
• Support the execution of liquidity optimisation strategies, including intercompany lending, pooling arrangements, and local funding alternatives
• Support the establishment and oversight of Group liquidity buffers and contingency funding plans

• Assist in the identification and mitigation of financial risks, including interest rate, currency, and counterparty risks
• Monitor financial market trends and provide input into funding and risk strategy adjustments

• Oversee the implementation and ongoing compliance with the Group Treasury Policy, Delegation of Authority, and related governance frameworks across all markets.
• Support the design, implementation, and monitoring of Treasury Risk Appetite Statements and financial risk limits (e.g., liquidity, FX, counterparty, and interest rate exposures).
• Partner with Internal Audit, Risk, and Compliance teams to test and strengthen treasury controls, segregation of duties, and assurance frameworks.
• Maintain an active compliance register for treasury-related processes and identify potential control gaps or emerging regulatory risks.
• Prepare and present risk and compliance reports to the Group Treasurer for presentation to the Group CFO, Audit & Risk Committee, and other governance bodies.

• Ensure the accuracy and completeness of treasury data inputs for management reporting, cash flow analysis, and board submissions
• Partner with Finance, Legal, and Tax to review and negotiate treasury-related legal agreements (e.g. facility agreements, ISDAs)
• Maintain compliance with internal treasury policies and external regulatory requirements

• Lead or support strategic treasury initiatives such as TMS enhancements, cash repatriation frameworks, or ESG financing structures
• Conduct benchmarking and research to propose improvements in treasury operations and structure
• Drive automation, digitisation, and process efficiencies across the treasury function

• Support the ongoing management, enhancement, and optimisation of the Treasury Management System (TMS), ensuring data accuracy, control integration, and alignment with Group reporting requirements.
• Serve as the support to the business owner for TMS functionality, defining requirements, coordinating upgrades, testing new modules, and maintaining user access controls.
• Collaborate with Group IT and system vendors to ensure system reliability, security, and compliance with Group data policies.
• Drive automation and digital transformation initiatives to reduce manual interventions and enhance efficiency and transparency in cash, funding, and risk reporting.
• Develop and maintain system documentation, SOPs, and training materials to strengthen user competency across OpCos.

• Collaborate cross-functionally with Group Finance, local market CFOs, Tax, Legal, and external advisors to deliver assigned funding and treasury outcomes
• Prepare high-quality reports, board notes, and presentations for senior stakeholders and committees
• Serve as a support partner on funding and liquidity matters, translating technical insights into strategic recommendations.

• Oversee payments processing for interest and treasury related expenses
• Review journals for the posting of treasury related transactions
• Review loan schedules
• Circulation of rates for month end reporting
• Preparation of monthly/quarterly and annual reports for Group Finance
• Preparation of cash visibility reporting

• A completed university degree in Finance, Accounting, Economics, or a related field
• Demonstrated continuous professional development in treasury, financial markets, or corporate finance

• At least 5 years of progressive experience in corporate treasury, investment banking, finance or related within a large, multinational corporation or financial institution
• Strong technical expertise in funding instruments, including term loans, revolving credit facilities, syndicated lending
• Robust understanding of financial markets and instruments, including foreign exchange, interest rates, and liquidity management tools
• Proven experience in cash flow forecasting, liquidity optimisation, and funding execution
• Advanced proficiency in financial modelling, scenario analysis, and business case development using Excel
• Skilled in preparing and delivering high-impact presentations and reports for senior stakeholders
• Experience working with Treasury Management Systems (TMS); exposure to IT2 and CashAnalytics is advantageous
• Familiarity with treasury governance frameworks, policy implementation, and financial control environments
• Previous exposure to legal and regulatory requirements related to treasury operations and cross-border funding structures
• Strong understanding of enterprise risk management, treasury risk identification, and control frameworks.
• Proven track record in ensuring compliance with treasury governance, regulatory, and audit requirements.
• Hands‑on experience managing and optimising Treasury Management Systems (TMS), including data validation, system controls, and user governance.
• Familiarity with automation tools, reporting dashboards, and system integration with ERP or banking platforms.

• Strategic and analytical thinker with the ability to connect treasury insights to business drivers
• Strong commercial acumen and decision‑making capability in high‑pressure environments
• Excellent verbal and written communication skills, with the ability to influence across functions and geographies
• Collaborative team player with a proactive and solutions‑oriented mindset
• High attention to detail, with a commitment to accuracy, governance, and compliance
• Demonstrated ability to manage complex projects, engage with diverse stakeholders, and drive innovation
• Technologically adept with the ability to leverage treasury systems and data analytics for decision‑making.

• Enticing incentive programs and competitive benefit packages
• Retirement funds, risk benefits, and medical aid benefits
• Cell phone and data benefits, advantages fibre connection discounts, and exclusive staff discounts offered in collaboration with partner companies

Closing date for Applications: 13 January 2026.

The base location for this role is Midrand, Vodacom Campus.

The company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.

Vodacom is committed to an organisational culture that recognises, appreciates, and values diversity & inclusion.

Vodacom is committed to attracting, developing and retaining the very best people by offering a flexible, motivating and inclusive workplace in which talent is truly recognised, developed and rewarded. We believe that diversity plays an important role in the success of our business and we are committed to creating an inclusive work environment which respects, values, celebrates and makes the most of people's individual differences - we are not only multinational but multicultural too. At Vodacom you will have access to our excellent flexible benefits programme that you would expect from any global company.