Treasury Manager
A company is looking to employ a Treasury Manager to join their
Finance team.
Reporting to the Finance Director, the position manages the
treasury risk of the Kenya / Uganda cluster (Group) including the management of
counterparty (bank) relations
Key responsibilities include:
- Cash
& liquidity management within the Group. The jobholder will also be
responsible for funding management to cover deficits and surpluses.
- Foreign
currency risk management: Effective management of foreign currency
exposure in both Kenya & Uganda.
- Commodity
risk management: Effective management of indexed priced high value
commodities (where applicable) for the Kenya/Uganda cluster.
- Financing:
Lead in Medium and Long term external financing for key projects,
intercompany loans agreements, alternative financing means (leasing).
- Dealing:
Dealing with authorised counter-parties for foreign exchange transactions,
short term borrowing transactions, and short term deposit transactions and
in short term SWAP transactions.
- Treasury
forecasts: Ensure effective and accurate forecasts including cash (liquidity),
commodity & currency. This includes ensuring that we have the correct
forecast type, are using the most effective/efficient forecasting
techniques and are getting the correct forecasts from the business (plant,
commercial, SGA).
- Treasury
reporting: Establish a formal internal Country monthly report on Treasury
activity and performance using relevant KPI’s, to be shared with his/her
management. Prepare & communicate timely reporting required by CTD (on
FX exposure, net debt & derivatives, cash forecasts, bank
relationships, financial covenants compliance, off balance sheet
commitments etc.). Contribute to the other Country reporting as needed
- Insurance
management- Group Programme: Implement and follow up with the key global
group policies and act as the key contact with the Risk & Insurance
competency centre.
- Insurance
management-local: Manage the local insurance policies, including
selection, relations with brokers/insurers and claim management.
- Loss
prevention: Implementation of the Group loss prevention policy (Property
Damage) and Insurance risk surveys & risk assessments in conjunction
with plant technical staff.
- Internal
Controls: Ensure treasury & insurance activities are properly
controlled. The role is also BPO (Business Process Owner) for the treasury
& financing process and bank payment applications (Citibank’s
Citidirect and Standard Chartered- Straight to Banking).
The ideal candidate will have:
- A
business related degree and a professional accounting qualification with
at least 6 years professional experience which must have been in finance.
He / She will have a material track record in managing treasury/insurance
or finance. Preference will be given to candidates with experience in
regional financial operations.
- A
strong appreciation for risk management and experience in managing
financial controls
- Persuasive
and assertive with a strong commercial acumen.
- A
commitment to leading and developing teams
To Apply
Applicants should email their applications attaching a detailed
curriculum vitae and a letter indicating why they are interested in and
qualified for the position and the names of three referees who can provide
confidential assessment of their capabilities to a Search Committee.
All communications relating to applications for this position
should be addressed to: therecexpert@gmail.com
Applications should be received by 31st January 2013.
Only shortlisted candidates will be contacted.
On the subject matter of the email please indicate the position
you are applying for.
Anyone
earning Kshs 270,000 and above need not apply.
