Assistant to the Group Treasurer - Centurion at AFGRI Equipment

Description

Assist the Group Treasurer in the daily management of the Group’s cash-flow; This will include the gathering, consolidation and presentation of information to Lenders and Management alike. This role will also be responsible for the management (understanding, application and execution) of all Agreements and Covenants with financial institutions, lenders, investors and auditors

Requirements

REQUIRED MINIMUM EDUCATION/TRAINING

• BComm Honours degree or equivalent professional qualification required e.g. CTA
• CA (or equivalent) advantageous

REQUIRED MINIMUM WORK EXPERIENCE

• 5+ years relevant experience in a Treasurer role

KEY PERFORMANCE AREAS

• Coordinate and manage strategic cash flow projects in the Group
• Assist the Group Treasurer to oversee all debt origination, facility agreement negotiation, execution and loan compliance
• Assist the Group Treasurer in establishing and managing relationships with banks, financial institutions, lenders, government-related entities and investors
• Assist the Group Treasurer in ensuring optimum management of working capital, including frequent communication to senior management of the Group’s working capital positions and liquidity
• Establish cash flow projection guidelines, policies and coordinate financial forecasting in consultation with Finance and Business leadership
• Conduct solvency, liquidity testing and Financier covenants testing
• Report on results to financial institutions
• Ensure all external reporting complies with required regulatory and professional standards, particularly South African Reserve Bank regulations
• Review FX positions & transactions within the group and local entities and monitor the application of risk mitigation solutions.
• Prepare Facility summaries
• Ensure accurate and timeous reporting of financial results to management

TECHNICAL KNOWLEDGE / COMPETENCIES

• Advanced Excel and financial modelling skills
• Experience across Africa in a senior strategy and advisory capacity
• Treasury and corporate finance or investment banking
• Basic knowledge of accounting standards and relevant laws
• Detailed knowledge of South African Reserve Bank regulations and requirements
• Proven experience working under tight deadlines and prioritizing workload accordingly

BEHAVIOURAL COMPETENCIES

• Strong Communication skills
• Attention to detail
• Analytical
• Strategic thinker
• Risk Awareness

Closing date: 04 September 2023