Treasury Lead

SUMMARY:
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POSITION INFO:

Finance Department
Location: Bottelary Road, Koelenhof, Stellenbosch
Reports to: General Manager – Finance 

About the role
An international commodity trading business is seeking a Treasury Lead to manage day-to-day treasury operations and support trading activities through effective cash management, funding oversight, FX execution, and strong banking controls.

This is a junior to mid-level management role combining hands-on execution with oversight of treasury processes, liquidity management, and compliance in a fast-paced, multi-currency trading environment. The role works closely with Global Treasury, Finance, Trading, and Banking partners.

Key responsibilities

Cash & liquidity management

• Manage daily cash positioning across multiple entities, banks, and currencies.

• Consolidate daily cash and short-term debt balances and provide visibility by bank, currency, and legal entity.

• Prepare and maintain short- and medium-term cash flow forecasts.

• Identify surplus cash, overdraft positions, and liquidity gaps.

• Execute cash movements to optimise group liquidity and minimise borrowing costs.

• Maintain appropriate liquidity buffers and apply interest-rate considerations to cash usage decisions.

Treasury operations & controls

• Oversee timely execution of payments and settlements in line with treasury policies.

• Manage online banking portal access and user controls.

• Maintain strong reconciliation processes and audit trails across all treasury activities.

• Monitor banking services and costs, managing day-to-day bank relationships.

• Stay current on payment fraud risks and mitigation practices.

Funding & debt management

• Manage internal and external funding facilities, including availability and utilisation.

• Decide on drawdowns, repayments, and refinancing activities.

• Monitor compliance with facility terms, covenants, and limits.

• Record interest costs accurately in the general ledger.

FX exposure & settlement

• Identify, monitor, and manage FX exposures arising from operations, funding, and intercompany activity.

• Execute FX hedging, rollovers, and settlements in line with exposure profiles and liquidity forecasts.

• Reconcile FX trades and settlements between treasury systems, trading systems, and bank confirmations.

• Ensure FX settlements align with confirmed same-day cash flows and cut-off times.

Reporting, compliance & regulation

• Support treasury reporting and compliance requirements locally and within the wider group.

• Maintain accurate databases of bank accounts, mandates, and supporting documentation.

• Manage KYC processes and related requests from financial institutions.

• Liaise with banks’ exchange control teams and ensure compliance with South African exchange control regulations.

• Coordinate submission of documentation for exchange control approvals and monitor settlement timelines.

Team & stakeholder management

• Lead and develop junior treasury staff, promoting strong controls and policy adherence.

• Act as an escalation point for operational or technical treasury issues.

• Support process improvements and automation initiatives within treasury.

• Work closely with Global Treasury, Finance, Trading, and external stakeholders.

Requirements

• Bachelor’s degree in Accounting.

• Minimum 5 years’ experience in a treasury role.

• Strong understanding of FX risk, FEC hedging, and settlement processes.

• Solid knowledge of bank facilities, covenants, and funding structures.

• Experience with South African exchange control and regulatory requirements.

• Strong accounting knowledge, with an understanding of treasury impacts on the income statement and balance sheet.

• Advanced Excel skills and strong numerical and analytical capability.

• Proficient in Microsoft Office 365, Teams, and SharePoint.

• Self-starter with strong problem-solving ability and a mindset for process improvement and automation.

• Clear communication skills and confident escalation when required.

• High standards of integrity, professionalism, and ethical conduct.

Advantageous experience

• Exposure to Power BI or treasury process automation.

• Experience in a multi-currency, multi-entity commodity trading environment.

Culture and values
The organisation values respect, accountability, passion, collaboration, excellence, agility, and integrity. You’ll be part of a team that values ownership, transparency, continuous improvement, and professional development.