Treasury & Insurance Controller

Job title: Treasury & Insurance Controller

Job Location: Western Cape, Cape Town

Deadline: May 11, 2025

What You'll Have Done Before

Baseline:

• 7 years of experience in Finance or Treasury
• Knowledge of economics theory
• Knowledge of banking operations and settlement processes
• Good understanding of treasury systems
• Understanding of foreign exchange hedge

Advantageous:

• 3 years’ experience as a treasury accountant
• Effectively supporting the business in risk management.
• Reviewing and improving both Treasury and Insurance processes.
• Engaging with various stakeholders in Treasury and Insurance.
• Supporting various Treasury projects with Vivo Treasury.

What You'll Be Doing

Reporting and budgeting:

• Develop and complete relevant reporting (e.g. forex, month-end) and departmental budgeting for Treasury unit by ensuring compliance with IFRS.
• Develop and complete relevant business plans for term funding and EPL insurance premiums.
• Ensure good Corporate Governance in order to mitigate any inherent risk.
• Provide expert technical advice where required in relation to Treasury related function.

Operational control:

• Conduct operational year-end internal and external audit control and monitor & implement Treasury Controls (Back and Front office) through consolidation of audit findings.
• Ensure timely submission of SARB returns to ensure adherence to processes, policies, and procedures.

Cash management:

• Ensure relevant cash management activities through effective communications with all internal/external stakeholders, ensuring no overdrawn opening bank balances.
• Ensure accurate forecasting based on drivers, and daily Treasury position sheet accurately and timeously prepared to ensure adherence to processes, policies, and procedures.

Bank facilities and loans:

• Conduct relevant liaison activities with banks by updating facilities with identified banks, application of new facilities as required in order to ensure the Group has the appropriate facilities in place.
• Ensuring loan repayments (payable and receivable) have been initiated and internal loans net-off in order to avoid undue interest.

SAP4H TRM module:

• Effectively utilize the TRM system for maximum benefit in order to ensure all treasury transactions are accurately recorded.
• Actively enhance the TRM system for banking changes and regulatory changes in order to ensure the system is up to date.