Treasury Analyst at Netcom Africa

Objective & Summary

This job holder will efficiently manage the company’s cash flow, maintain robust relationships with financial institutions, ensure regulatory compliance, and provide accurate financial reporting and analysis to support informed decision-making and the company’s strategic objectives.

Key Duties and Responsibilities

Cash Flow Forecasting:

• Develop and maintain accurate cash flow forecasts, analysing inflows and outflows to optimize liquidity management.
• Collaborate with cross-functional teams to ensure cash needs align with operational requirements.
• Implement strategies to mitigate cash flow volatility and optimize working capital.

Bank Liaison:

• Establish and maintain strong relationships with banks and financial institutions.
• Negotiate favourable terms for financing, credit lines, and other banking services.
• Monitor interest rates, foreign exchange rates, and other market factors to inform financial decisions.
• Coordinate with banks for timely fund transfers, loan disbursements, and compliance with covenants.

Safeguarding Company Assets:

• Oversee the safekeeping of company cash, investments, and other financial assets.
• Manage bank accounts, credit cards, and other financial instruments used for remittance activities.
• Implement and maintain robust internal controls to mitigate financial risks, particularly those associated with money laundering and terrorist financing.

Transaction Management:

• Oversee all domestic and international remittance transactions, ensuring accuracy, compliance with relevant regulations, and timely completion.
• Manage currency exchange rates and associated risks.
• Liaise with partner financial institutions and relevant authorities to facilitate smooth and secure transactions.

Regulatory Compliance:

• Stay up-to-date on the latest regulations pertaining to financial reporting, anti-money laundering (AML), and remittance activities.
• Ensure all financial activities comply with relevant regulations, internal policies, and industry best practices.
• Develop and implement internal procedures to mitigate compliance risks and maintain a strong compliance culture within the company.
• Advise senior management on the implications of new or existing regulations and potential impacts on remittance operations.

Financial Reporting and Analysis:

• Prepare and present timely and accurate financial reports to senior management and the Board of Directors, ensuring transparency and accountability.
• Analyse financial data to identify trends, assess risks, and support informed decision-making.
• Contribute to the development and implementation of financial strategies aligned with the company’s growth objectives.

Requirements

Experience, Education and/or Professional Qualifications:

• Bachelor’s Degree in Finance, Accounting, or a related field (CPA or similar qualification is a plus).
• Minimum of 5 years of relevant experience in treasury management, finance, or a related field.

Essential Skills / Knowledge / Traits:

• Proficiency in cash flow forecasting and financial analysis.
• Strong knowledge of banking operations, financial instruments, and market factors.
• Excellent negotiation skills with the ability to secure favourable terms.
• Solid understanding of regulatory requirements related to financial reporting and remittance.
• Strong analytical and problem-solving skills with attention to detail.

Desirable Skills / Knowledge / Traits:

• Proficiency in financial software and MS Office Suite (Excel, Word, PowerPoint).
• Effective communication and interpersonal skills.
• Ability to work independently and collaboratively within a team.
• High ethical standards and commitment to maintaining confidentiality and integrity.

Benefits

• Healthcare Insurance (HMO)
• Paid Leave
• Group Life Insurance
• Hybrid work model
• Professional Development Reimbursement.