The Treasurer is responsible for overseeing the cash management and treasury functions for the company, ensuring effective liquidity management, risk mitigation, and financial optimisation. This role plays a critical part in maintaining financial stability and operational efficiency while supporting the company’s strategic objectives.

Key Responsibilities:
Cash and Liquidity Management:
Oversee daily cash management activities, ensuring optimal cash flow to meet operational requirements.
Manage cash forecasting models to maintain liquidity.
Monitor and optimise working capital requirements.
Review and approve local and foreign supplier and 3rd Party payments as well as inter-account transfers.
Manage and oversee distribution and effective reconciling of credit, procurement and petty cash cards.
Treasury Operations:
Manage bank accounts, ensuring efficient banking relationships and minimising transaction costs.
Implement and oversee internal controls for treasury processes.
Ensure compliance with treasury policies and financial regulations.
Manage and drive effective utilisation of the treasury management system and oversee the interfacing to the business ERP system.
3.      Shipping Operations:
o   Oversee and manage Shipping Team, reviewing and approving Stock Costings, assessing variances between standard and actual costings for accuracy and reasonableness.
o   Manage balance sheet accounts i.e. goods in transit, payment clearing accounts as well as creditors recons to ensure accuracy and timely reconciling and management of variances between supplier statement balances and balances per purchase ledger.
o   Timely and accurate close out of month end process, ensuring all invoices are captured or accrued for and that creditor revaluations are completely accurately and timeously.
Risk Management and Compliance:
Identify and mitigate financial risks, including foreign exchange, interest rate, and credit risks.
Ensure timely and accurate management of forward exchange cover on all imports.
Ensure compliance and timely arrangement of letters of credit when required.
Ensure compliance with regulatory requirements and company policies.
Develop and maintain relationships with financial institutions to optimise funding opportunities.
Investment and Funding Strategies:
Evaluate and implement investment strategies for surplus cash.
Manage debt financing arrangements and maintain compliance with loan covenants.
Provide strategic recommendations on funding requirements and cost-effective financing options.
Team Leadership and Development:
Lead, mentor, and develop the Treasury and Cashbook team, ensuring high performance and career growth.
Establish key performance indicators (KPIs) to measure and improve team effectiveness.
Foster a collaborative working environment to enhance productivity and morale.
Financial Reporting and Analysis:
Prepare treasury reports, including cash flow forecasts, variance analysis, and financial risk assessments.
Collaborate with finance and accounting teams to support financial planning and reporting. This will include monthly flash closure of accounts and review of related calculations and journals (revaluations of foreign creditors and FECs included), monthly balance sheet reconciliation reviews and approvals, HFM reporting