Job Category: Accounting
HEAD OF TREASURY
Full Time

JOB OVERVIEW

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

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