AVP Treasury | Michael Page
Employment:
Full Time
Reporting to the Group Financial Controller, the job holder is primarily responsible for managing treasury, FX, cash management and banking activities for the Group.Client DetailsMy client is a FinTech company with more than 25 years of experience in providing innovative solutions that drive revenue & profitability for their customers. They operate regionally across the Middle East and Africa.DescriptionThe AVP of Treasury will be responsible for all treasury, FX, cash management and banking activities for the Group.Key responsibilities would include;* Finalise and implement Treasury and Currency Risk Policies across the group* Liaising with banks for working Capital and other funding requirements or rollover of existing facilities and manage the RFP process, ensuring compliance with existing loan agreements.* Monitoring, Managing and optimising working Capital Requirements across the group, documentation of transaction flows, planning for peak requirements ensuring enough headroom is available at all times.* Monitoring of Group Cash balances and available liquidity across locations. * Pooling of funds to minimise the idle cash across the group* Identify short term investment opportunities to optimally use any surplus cash* Manage Open Currency Positions through Forward / Hedging strategies across the group [including P&L hedges, Balance Sheet hedges] with a repatriation strategy for countries with volatile currencies like Nigeria, South Africa, and Egypt etc.* Work with the business finance team to support the pricing strategies in geographies with currency risk to mitigate the currency exposures.* Support the budgeting & rolling forecast process on Cash flow and financing cost forecasts* Work with banks for identifying and implementing Treasury solutions and product to support business requirements * Review processes around treasury accounting and make required improvements* Maximise FX gains on spot conversionJob OfferIn return my client can offer a highly competitive salary, in addition to a good benefits package.
The successful candidate will demonstrate;* Excellent verbal and written communications skills* Strategic and Analytical* Strong problem solving skills* Business Acumen* Detail oriented and organised; Strong planning and prioritisation abilities* High energy levels and Self motivated* Integrity* Relationship Building* Must maintain confidentiality and discretion in all aspects* Comfortable with flexible working schedule to meet the needs of the Company and its executives* Ability to work well under pressure with tight deadlines, juggle multiple priorities and in fast paced, dynamic environment.* Excellent Excel & Power-point presentation skillsIn addition, you will ideally have;* An MBA or professional qualification in Finance or Treasury.* 8-10 years’ prior relevant experience* Experience in a similar role for a financial services or other Company with large size treasury operations across multiple countries* Experience in Africa is particularly desirable (Nigeria, Ghana, South Africa or Egypt in particular)* Experience in the Financial Services Sector is preferable* Significant experience in Treasury , FX and Cash Management* Strong relationships within the banking Industry* Experience in treasury accounting and systems* Ability to manage senior stakeholders* Ability to challenge and review with an analytical mindset* A good understanding of “best in class” treasury function
Michael Page is one of the world’s leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.
The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:
Finance & Accounting
Banking & Financial Services
Procurement
Property & Construction
Engineering & Supply Chain
Oil & Gas Technical and Engineering
Human Resources
Sales
Marketing
Technology
Secretarial
Executive Search
Legal
The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide. More