Main 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 Africa
Daily business:
Close alignment with Treasury Management and Operations Team in Mumbai
Steering of all treasury activities for approximately 15 countries in Africa
Monitor performance of Day to Day activities and drive improvement of KPIs for operational treasury in line with business objectives
Hands-on involvement in operations if needed and act as backup for South Africa operations
FX Risk Management:
Oversight and controls over FX risk management
Understand all FX risk exposure and identify exposure along the value chain
Develop and implement FX risk management strategies
Monitor FX market trends, analyze currency risks, and recommend adjustments to hedging strategy and policy
Manage relationships with FX counterparties and internal FX Trader
Cash Management:
Oversight and controls of KPIs
Identify improvement potential for activities (cash pooling structures and optimize bank account structures to streamline cash flows and optimize interest results)
Cashflow management and forecast
Financing:
Oversight on all financing facilities in Africa
Evaluate financing options and structures to support business growth and capital requirements for downstream entities
Coordinate with internal and external stakeholders to execute financing transactions and maintain compliance with debt covenants
Monitor interest rate risks and implement hedging strategies to mitigate financial exposures
Lead negotiation for financing solutions for Africa in close alignment with Head of Treasury and Head of Corporate Finance
Drive 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 initiatives
Focused on developing new solutions to drive business growth
Treasury Compliance oversight for Africa:
Manage central bank relationships including reporting requirements and yearly renewal of approvals and waivers
Keep up to date with regulatory changes in Africa and develop database for Puma Group
Bank relationship management:
Manage bank relationships in coordination with Head of Treasury and Head of Corporate Finance
Drive Banking service RFPs and other projects
Oversight and control over business allocation to bank relationship group
Maximize use of each bank's capabilities in line with our business requirements
Knowledge, Skills and Abilities:
Master of Science (Finance) or equivalent (CA, MBA, CFA)
Treasury qualification a plus
15+ years Treasury Experience
5+ years Team/People management experience
Preferably industry experience and good understanding of Trade Finance and structured products
Preferably strong FX management skills
Possess strong numerical and analytical skills
Good verbal and written communication skills with the ability to articulate complex information
Microsoft Office proficient
Treasury management system experience, preferably Kyriba
Experience working in an international environment and ability to act as project manager
Ability to thrive in a fast-paced environment, prioritize tasks, and make sound decisions under pressure
Proven track record of driving process improvements, managing complex projects, and delivering results
Key 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 Mumbai
External: Banks
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