The VKB Group is an agricultural company, providing support to farmers and producing straight-from-the farm-foods for consumers. Apart from the various consumer brands, the VKB Group is also represented by its regional brands: VKB, GWK and NTK. Our roots are firmly planted in agriculture with farming at our core, continuously growing and evolving throughout the years.Starting with providing everything needed on the farm to produce food, we now also operate in all areas of the food supply chain: processing, logistics, and national and global market channels.This "house of brands" we've established with the support of our farmer shareholders is the foundation for building the agribusiness of the future.Our purposeTouch lives – for the better: We always aim to make a positive impact in people's lives: our employees, producers, clients, communities and the larger industry. And, through collaboration with this group of people, we strive to make an even bigger and longer lasting impact in the lives of all South Africans.ValuesWe live by five important values:We are HUMBLE: We acknowledge that we are blessed.We are HUNGRY: We do not settle for mediocre.We are BOLD: We do what is right, even if it scares us.We are SMART: We consider our words and actions.We are TEAM PLAYERS: No-one can do this alone.For the Love of the Land: We do it all for our legacy and the love of nature, people, country, sustainability and progress.Job DescriptionResponsible for treasury front office management for the VKB Group.Managing the relationship with the banks with focus on funding.Oversee treasury related trading activities.RequirementsEducationCA(SA)Completed Post Graduate qualification will be an added benefit.Specific Work Experience, Knowledge and Skills10-15 Years experience in Finance with 3 Years experience in Treasury Management.Knowledge of banking regulation in South Africa.Strong experience in management of banking relationships and commercial contract negotiations.Strong knowledge of funding facilities and funding best practices.Knowledge of different funding products available for corporate funding.Knowledge of Loan Market Association (LMA) standards.Knowledge of and experience in loan management.Experience in engagement with executive management and Board.Knowledge of finance and accounting principles including IFRS.Experience in ERP system environment.Proficient with MS Office Suite including strong Excel and PowerPoint skills.Excellent interpersonal and communication skills (written and verbal).Strong relationship building skills and networking with different stakeholders.Mindset of continuous improvement and digital transformation.Strong focus on teamwork and people development.Adaptability to different stakeholders, environments and business requirements.Strong analytical skills and high attention to detail.Strong leadership skills and the ability to collaborate.Detail, deadline and goal oriented.Structural planning skills and conceptual thinking.Good resilience and stress management.Duties and ResponsibilitiesOverall responsibility for treasury front office (i.e. funding and treasury dealing) management for the VKB Group.Continuously analyse funding products and opportunities available in the market and propose funding strategy to Executive management.Establish and maintain a VKB group funding plan, i.e. analyse uses and sources of cash and liquidity over the short, medium and long-term ensuring sufficient funds are available to meet ongoing operational and capital investment requirements.Manage the Request for Proposal process (where applicable) for new funding.Manage the syndication process in instances where syndicated loans are negotiated and entered into.Manage the process and documentation for debt capital market issuances.Negotiate the best possible funding related commercial terms for the VKB group with financial institutions.Review all funding agreements (arrangements) for terms which are complete, accurate and valid.Co-legal review of all funding agreements (arrangements) in collaboration with Group Legal.Facilitate the approval and signing process of funding related documentation in accordance with the VKB Group delegation of authority.Follow funding transactions through to financial close, including scheduling of utilisation requests and monitoring the flow of funds.Maintain a loan register and manage all funding agreements which have been concluded.Prepare the Group's monthly debt report.Continuously monitor and manage the cost of funding for the VKB group, including regular funding cost benchmarks.Manage the process of security (collateral) being provided to financial institutions for funding purposes.Collaborate with Group Finance regarding any possible impact of funding agreements on the Group's financial and tax positions.Manage and oversee treasury related trading activities.Manage all local and global banking relationships.Identify opportunities and implement treasury front office related business process improvements.Responsible for development of digitalisation for the treasury front office.Develop and support treasury front office policies, procedures and controls.Develop and enforce strong internal controls and ensure compliance to regulations, Internal Control Reference Framework (ICRF) and other compliance requirements relating to the treasury front office environment.Regular feedback to Executive Head: Treasury, Group Financial Director and Group Managing Director.Prepare relevant submissions to VKB Exco and Board.Work with internal and external auditors.Other InformationThe company can expire jobs at any time at their own discretion.VKB Group and/or its subsidiary companies will use any personal data collected through the job opportunities section of this website for recruitment purposes only and, should your application be successful, for purposes connected with your employment.VKB Group is an equal opportunity employer. VKB Group's approved Employment Equity Plan and Targets will be considered as part of the recruitment process aligned to VKB Group's Employment Equity & Transformation Strategy. VKB Group actively supports the recruitment of People with Disabilities.
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