Group Treasurer

Roles and responsibilities

1. Financial Strategy and Planning

• Financial Leadership: Lead the development and execution of the organization’s financial strategy, ensuring it aligns with overall business goals and growth objectives.
• Capital Management: Oversee the management of the organization’s capital structure, ensuring adequate funding for operations, investments, and growth while maintaining financial stability.
• Forecasting and Budgeting: Lead the financial forecasting and budgeting process, including cash flow, income statements, and balance sheets, ensuring the organization’s financial position is optimal.

2. Cash Flow Management

• Cash Management: Ensure the organization has adequate liquidity to meet its operational needs, managing cash flow effectively to support day-to-day activities.
• Treasury Operations: Oversee the management of bank accounts, payment systems, and treasury operations, optimizing the use of working capital.
• Cash Flow Forecasting: Develop short-term and long-term cash flow forecasts, monitoring actual performance against projections and taking corrective action as needed.

3. Risk Management

• Risk Identification and Mitigation: Identify financial risks (e.g., market, credit, liquidity risks) and develop strategies to mitigate these risks, including the use of hedging, insurance, and other financial instruments.
• Compliance and Controls: Ensure compliance with financial regulations, accounting standards, and internal controls. Implement policies to safeguard the organization’s assets and ensure the integrity of financial reporting.
• Insurance Management: Oversee the organization’s insurance program, ensuring proper coverage to protect assets and minimize financial loss from unforeseen events.

4. Investment Management

• Investment Strategy: Develop and oversee the organization’s investment strategy, including the allocation of surplus cash into investments such as stocks, bonds, and other financial instruments.
• Portfolio Management: Manage the organization’s investment portfolio to maximize returns while minimizing risks, in line with the company’s financial goals.
• Capital Allocation: Assess investment opportunities and make recommendations to senior leadership regarding capital allocation for new projects, mergers, or acquisitions.

5. Debt Management

• Debt Strategy and Structure: Oversee the organization’s debt portfolio, managing existing debt and negotiating new debt when needed. Ensure the proper mix of short-term and long-term debt for optimal financial performance.
• Lender Relationships: Develop and maintain relationships with financial institutions, lenders, and investors to secure favorable financing terms and conditions.
• Debt Repayment and Refinancing: Manage debt repayment schedules and explore refinancing opportunities to optimize the company’s cost of capital.

6. Financial Reporting and Analysis

• Treasury Reporting: Ensure accurate and timely reporting of financial data to senior management, including cash flow reports, investment performance, and risk assessments.
• Financial Analysis: Conduct in-depth analysis of financial data to support decision-making, identifying trends, opportunities for improvement, and areas of concern.
• Board Reporting: Provide financial updates and strategic recommendations to the board of directors, ensuring transparency and alignment with overall business goals.

Desired candidate profile

1. Education & Qualifications

• Bachelor’s Degree in Finance, Accounting, Economics, or a related field (required).
• Master’s Degree in Business Administration (MBA), Finance, or Accounting is preferred.
• Professional Certifications such as CFA (Chartered Financial Analyst), CPA (Certified Public Accountant), or CTP (Certified Treasury Professional) are highly desirable.

2. Professional Experience

• 10+ years of progressively responsible experience in finance or treasury roles, with at least 5 years in a leadership or management capacity.
• Proven experience in managing financial risk, overseeing treasury operations, and leading financial strategy in large organizations.
• Solid understanding of corporate finance, capital markets, and investment management, with the ability to create and implement effective financial strategies.
• Experience in managing debt structures, cash flow forecasting, and working with external financial partners such as banks, auditors, and investors.
• Familiarity with mergers and acquisitions and other strategic financial initiatives is an asset.

3. Skills & Competencies

• Strategic Thinking: Ability to develop long-term financial strategies that align with organizational goals and ensure financial stability.
• Financial Expertise: Strong knowledge of capital markets, cash flow management, financial analysis, and investment strategies.
• Risk Management: Expertise in identifying financial risks (e.g., market, credit, liquidity) and implementing effective mitigation strategies.
• Leadership and Team Management: Ability to lead and manage treasury teams, inspire performance, and ensure the team meets operational and strategic goals.
• Communication Skills: Excellent verbal and written communication skills, with the ability to convey complex financial information to both financial and non-financial stakeholders.
• Problem-Solving: Strong analytical and problem-solving skills with the ability to make informed, data-driven decisions.
• Project Management: Experience in overseeing large-scale financial projects, such as system implementations, risk management initiatives, and capital budgeting.

4. Key Attributes for Success

• Attention to Detail: Ability to oversee and ensure the accuracy of all financial operations, reports, and controls.
• High Ethical Standards: Strong commitment to maintaining integrity and adhering to all regulatory requirements, corporate governance, and compliance standards.
• Relationship Management: Ability to build and maintain strong relationships with key stakeholders, including banks, investors, auditors, and regulators.
• Adaptability: Ability to adapt to changing financial environments and make strategic adjustments to financial planning and execution.