Treasury Manager Job Vacancy in Kenya

 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

The successful candidate will be a member of the senior finance management.

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.