Regional Head of Treasury - AfricaLocation: Johannesburg, South AfricaTime Type: Full timePosted On: Posted 2 Days AgoJob Requisition ID: R-014925Main Purpose:The Regional Head of Treasury for Africa will be a critical member of the Treasury leadership team, reporting directly to the Regional CFO with a dotted line to the Global Head of Treasury. This role includes strategic oversight of all treasury functions across Africa, including FX risk management, cash management, and financing activities. The Regional Head will manage treasury staff across Africa and directly supervise the Africa Operations Teams based in Mumbai, ensuring alignment with regional and global objectives.Knowledge Skills and Abilities, Key Responsibilities:Key Responsibility:Strategic steering of Treasury activities in AfricaDaily business:Close alignment with Treasury Management and Operations Team in MumbaiSteering of all treasury activities for approximately 15 countries in AfricaMonitor performance of Day to Day activities and drive improvement of KPIs for operational treasury in line with business objectivesHands-on involvement in operations if needed and act as backup for South Africa operationsFX Risk Management:Oversight and controls over FX risk managementUnderstand all FX risk exposure and identify exposure along the value chainDevelop and implement FX risk management strategiesMonitor FX market trends, analyze currency risks, and recommend adjustments to hedging strategy and policyManage relationships with FX counterparties and internal FX TraderCash Management:Oversight and controls of KPIsIdentify improvement potential for activities (cash pooling structures and optimize bank account structures to streamline cash flows and optimize interest result)Cashflow management and forecastFinancingOversight on all financing facilities in AfricaEvaluate financing options and structures to support business growth and capital requirements for downstream entitiesCoordinate with internal and external stakeholders to execute financing transactions and maintain compliance with debt covenantsMonitor interest rate risks and implement hedging strategies to mitigate financial exposuresLead negotiation for financing solutions for Africa in close alignment with Head of Treasury and Head of Corporate FinanceDrive Business Partnering:Act as main treasury business partner in Regional Head office in Johannesburg to commercial stakeholders and others (Procurement, Supply, Sales, Trading, IT etc.). Understand business requirements and proactively identify improvement initiativesFocused on developing new solutions to drive business growthTreasury Compliance Oversight for Africa:Manage central bank relationships including reporting requirements and yearly renewal of approvals and waiversKeep up to date with regulatory changes in Africa and develop database for Puma GroupBank Relationship Management:Manage bank relationships in coordination with Head of Treasury and Head of Corporate FinanceDrive Banking service RFPs and other projectsOversight and control over business allocation to bank relationship groupMaximize use of each bank's capabilities in line with our business requirementsKnowledge, Skills and Abilities:Master of Science (Finance) or equivalent (CA, MBA, CFA)Treasury qualification a plus15+ years Treasury Experience5+ years Team/People management experiencePreferably industry experience and good understanding of Trade Finance and structured productsPreferably strong FX management skillsPossess strong numerical and analytical skillsGood verbal and written communication skills with the ability to articulate complex informationMicrosoft Office proficientTreasury management system experience, preferably KyribaExperience working in an international environment and ability to act as project managerAbility to thrive in a fast-paced environment, prioritize tasks, and make sound decisions under pressureProven track record of driving process improvements, managing complex projects, and delivering resultsKey Relationships and Department Overview:Internal: Regional Head office in Johannesburg, commercial stakeholders and others (Procurement, Supply, Sales, Trading, IT etc.), and the Treasury Management and Operations Team in MumbaiExternal: BanksAbout UsPuma Energy is a leading global energy business which supplies, stores, and distributes petroleum products in 48 countries across six continents. Founded in 1997, Puma Energy has its headquarters in Singapore and Geneva and employs over 8,000 people globally with regional hubs in South Africa, Puerto Rico, Australia, and Estonia, and has recently set up a Global Delivery Center in Mumbai, India.Puma Energy has a network of 100 storage terminals, more than 3,000 retail sites, and a presence at over 80 airports. Our mission is to energize communities to help drive growth and prosperity by sustainably serving our customers' needs in high potential countries around the world.
#J-18808-Ljbffr