Head of Treasury – CVZHT

Main job function

Head of Treasury
Financial Risk Management:
• Identify, assess, and manage financial risks, including interest rate, foreign exchange, and credit risks.
• Have an understanding and experience in Project financing
• Develop and implement risk mitigation strategies and action plans.
• Analyse and seek optimizations in exchange rates, plan and execute derivatives, monitor Mark-to-Market, prepare the required memorandums for auditors.
• Prepare and monitor annual risk mandates.
Treasury Operations:
• Oversee daily treasury operations, including cash positioning, forecasting, and reporting.
• Manage banking relationships and negotiate terms and conditions to optimize banking services.
• Negotiate and manage guarantees (surety bonds, letters of credit, PCGs) granted and received by the portfolio.
• Manage the portfolio’s bank accounts and handle bank reconciliation.
Investment Management:
• Develop and implement investment strategies to optimize returns on surplus cash.
• Monitor and report on investment performance and compliance with investment policies.
• Work with the risk and compliance manager to ensure adequate controls in place over all systems and processes.
Compliance and Reporting:
• Ensure compliance with internal policies and external regulatory requirements.
• Prepare and present treasury reports to senior management and stakeholders.
• Supervise and control compliance with obligations to banks, including monitoring obligations to do, not do, and default events established in financing contracts.
• Supervise the completion of all debt covenant compliance in accordance with finance documents

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics or similar area of focus
• Minimum 5 years of experience in the field of project finance from asset management firms/ Financial Institutions/ Big 4/ Investors
• Experience in renewable energy (solar, wind & hydro) is a plus
• Understanding of financial modelling
• Full comprehension of corporate finance concepts and risk-return profiling
• Excellent communication skills, both written and verbal
• Fluency in written and spoken English
• Mature, self-motivated, detail-minded, target oriented and strong problem-solving skills
• Demonstrated teamwork skills; ability to work collaboratively with others to achieve objectives.

Remuneration: R1.8 million

A Consultant will be in touch if you are shortlisted for the position. Please consider your application unsuccessful should you not have been contacted within 2 weeks. We will keep your CV on our database and contact you should you match the criteria of any other vacancies.