Head, Treasury

Job Title Head, Treasury Department Structured Finance Unit Treasury Management Reports to (Direct) Reports to (Indirect)Chief Commercial Officer N/A Direct Reports Indirect Reports ● Treasury Operations Officer ● Credit Control Officer ● Investment/ Corporate Finance Officer

N/A Internal Interactions External Interactions ●Heads of Departments ● Financial Institutions ● External Auditors Job Summary The Head, Treasury will guide, manage and provide strategic leadership and direction to the treasury function. The role holder will lead the implementation of treasury-related strategies, policies and initiatives required to achieve Mandilas’ strategic goals. He/she will also oversee and manage the efficient utilization of cash and financial services in a consistent manner. Scope and Responsibilities Corporate Finance and Strategic Financial Planning ● Defines the appropriate liquidity standard that Mandilas should maintain across all business units. ● Evaluates capital expenditures, investments and portfolio management. ● Provides investment advice, tactics and recommendations to the Executive Management and Heads of Departments ● Leverages on existing relationships within the industry and investment community as well as seeking to foster and develop new connections and contacts Cash and Liquidity Management ● Analyses funding needs to ensure that adequate funds are available to meet daily operational expenses and emergencies. ● Manages liquidity and ensures that yields on financial assets are maximised. ● Facilitates and maintains relevant relationships with financial service providers such as banks, payment service providers, lenders and investors. ● Forecasts cash payments and withdrawals and anticipates challenges arising from cash concentration or limited cash flow. ● Oversees the management and coordination of all fiscal reporting activities. ● Resolves any issues experienced in accessing banking facilities or executing banking transactions. ● Oversees the preparation of regular cash flow forecasts while managing the revolving credit facilities. ● Ensures all debt reporting requirements are met and oversees the preparation of all documentation required to refinance the various elements of the debt structure. ● Monitors and reports on cash surpluses and deficits and engages executive management for effective decision-making. ● Manages and maintains proper controls over treasury account, bank accounts, banking processes and other treasury systems to allow easy disbursement, reconciliation and replenishment. Risk and Control ● Advises top management on risk-related issues that can impact the strategic direction of the business. ● Uses hedging to mitigate financial risks related to the interest rates on the company’s borrowings, as well as on its foreign exchange positions. ● Oversees bank account management and payment transactions to ensure compliance with the appropriate procedures and approval authority. Stakeholder Engagement ● Serves as Mandilas’ representative to financial/investment community and shareholders. ● Works with management to ensure success through cost analysis support and compliance with all requirements ● Reviews all investment proposals with the Group Chief Executive Officer ● Advises management and provides input on the funding, debt and cash-flow implications of the corporate strategy, goals, plans and projects. Leadership and People Management ● Provides strong leadership and ensures clear strategic objectives are in place within the unit ● Promotes a strong team culture within the unit. ● Manages the day-to-day performance, learning and development of the team Skills and Competencies Skills Competencies Business & industry knowledge Stakeholder engagement and management Business planning and analysis Leadership and people management Corporate finance Communication (Verbal, written and presentation skills) Financial reporting Financial analysis Problem solving, numerical & analytical skills Knowledge and application of relevant Accounting standards and software