Job Summary

To ensure that the SOE has necessary policies, strategies, processes, and systems to optimize the Entreprises’s financial liquidity through providing an effective Treasury function.

Duties and Roles

KPAs & Functional Outputs

Lead the Funding, Risk management and Dealing initiatives to enable financial liquidity. (30%)

• Enable that sufficient liquidity and funds are available for the organization at optimal cost through ongoing cash flow analysis and effective funding strategies.
• Interact with financial institutions such as rating agencies and banks to achieve the most cost-effective funding arrangements.
• Design effective funding arrangements to fund the daily liquidity requirements and specific projects.
• Influence the implementation of a coordinated investment strategy for the SOE.
• Leads consultation with Finance Division to facilitate effective financial management and access to capital, including project funding.
• Direct the establishment of risk management procedures and policies and enforce adherence thereto for all financial dealings in Treasury.
• Enforce the implementation of sound deal execution and market making practices are established and adhere to in support of Treasury’s main focus and philosophy.

Treasury Architecture, Design, and Development. (30%)

• Provide a strategic governance and control framework for the Treasury function in the SOE.
• Facilitate and approve all policies and strategies relating to Treasury including cash flow, risk market-making, and treasury operations.
• Ensure that the necessary processes and systems are created, and continuously improved, to facilitate the effective execution of treasury policies and strategies.
• Takes responsibility for the SOE’s intellectual capital in respect of Treasury and ensure the integrity of the Entreprise’s database in this respect.
• Initiates the design and application of an infrastructure to manage and process complex, multifunctional information that has integrity.
• Ensure that Treasury best practice strategies are incorporated into the organization’s financial funding policies and strategies.
• Formulate Treasury’s overarching business plan and present this for approval.
• Approve operational plans of each Department within the Treasury and ensure alignment with the overall Treasury business plan.
• Authorizing all decisions as to the delegated authority on behalf of Treasury.

Operational perfomance and optimisation (15%)

• Sets the operational targets for the Treasury to meet the requirements of the SOE.
• Determine the internal measurement framework and establish a measurement process for Treasury.
• Report to CFO and other forums on key performance factors in respect of Treasury and Treasury functions.
• Implement and monitor through appropriate KPI’s, strategy and business plans aligned to the corporate scenario-based strategy and business plans within an integrated risk and resilience framework.
• Positions the business to meet the requirements of stakeholders and manages the resolution of problems identified.
• Ensure proper assurance processes are applied to monitor compliance with policies and standards.

Stakeholder Relationship Management (15%)

• Communicate issues of importance to relevant internal stakeholders and ensure that they are interpreted correctly.
• Provide leadership to all key stakeholders of the Treasury to facilitate the achievement of the Department’s goals.
• Identify key external stakeholders and facilitate the establishment of productive relations to the benefit of the SOE.
• Represent the Entreprise on key global and South African forums and as such contribute to both the SOE’s interests and the field as a whole.
• Participate in professional bodies that are of importance to the Entreprise.
• Influence the national and global agenda in respect of Treasury functions.
• Participate in structure government policy, legislation and regulations in respect of treasury functions.

Financial Management (5%)

• Sets targets for Departmental financial performance.
• Formulates and obtains approval for operations budgets for the Department.
• Monitors the financial of the department and influences corrective actions to address problems identified.
• Ensures effective audit procedures are implemented and results acted upon to ensure effective governance and compliance to legislation and government and the SOE’s financial policy.
• Ensure compliance with sound corporate governance principles and adherence to PFMA.

Human Resource Management (5%)

• Establish the optimal organization structure which will contribute to the achievement of the business goals.
• Creating a culture for achieving success by ensuring staff is trained, qualified, motivated, etc.
• Reconfigure resources based on an assessment of resources gaps in the existing operation and market opportunities.
• Establishes and applies a succession and appointments process which will ensure that key positions are staffed with high-performance individuals.
• Ensuring sound labor relations.
• Establish relevant controlling procedures.
• Facilitates planning to ensure that the Department has the necessary skills at all levels to achieve its targets in the short, medium and long term.
• Establish performance compacts with direct reports, monitor performance and provide regular feedback.

Desired Experience & Qualification