postoffice.co.za Treasury Senior Manager : South African Post Office

Company Name : South African Post Office
Job Title : Senior Manager
Department : Treasury
Location : Centurion
Closing date: 23 September 2016

Website : https://www.postoffice.co.za/careers.html
Guideline : https://www.southafricain.com/uploads/172-headtreasury.pdf

Treasury Senior Manager :

Job Title : Head: Treasury (L4)
** This is a senior manager position based in Centurion

Related : South African Post Office Regulatory Reporting Senior Manager : www.southafricain.com/168.html

Reports to : Chief Financial Officer- Postbank

Key Responsibilities :
Strategic alignment :
** Implement and operationalise the Treasury Policy and Procedures manual in Postbank.
** Update the Treasury Policy as required and drive approval from the Postbank Board.
** Develop funding strategies for Postbank to ensure the Bank meets it liquidity needs, liquidity risk requirements and Banking/Regulatory requirements.

** Develop capital management strategies for Postbank to ensure the bank meets Regulatory capital requirements and capital is managed optimally.
** Provide an overview of financial risks the bank is exposed to and provide input to Balance Sheet Management Committee / ALCO meetings regarding the management of financial risks.
** Maintain relationships with SARB and other Banks within the SA Banking Industry.

Financial :
** Consolidate and assist with Postbank’s budgets and cash flow forecasting techniques to ensure accuracy of forecasting.
** Responsible for the efficient and effective operating and management of the profit and loss of Postbank’s Treasury department.

Compliance :
** Ensure the effective and efficient management and control of functions/resources in accordance with the stipulations of the Public Financial Management Act, fraud prevention and risk management principles, legislation, company policies, processes, regulations.

People Management :
** Ensure that employees undergo appropriate Treasury, front office, middle office and back-office training and maintain these skills.
** Promote a high performing Treasury function underpinned by leading practice and the effective use of technology.

** Recruit and develop skilled staff appropriately to ensure that the department is sufficiently resourced to fulfil the functions required to meet the strategic objectives of the department.
** Manage performance of direct reportees ensuring agreement of annual goals, measuring performance against agreed goals and dealing with non-performance accordingly.

** Talent management of direct reportees, including career development and paths for all staff and succession planning for key positions.
** Ensure that the working environment contributes to improving staff morale and increasing productivity.
** Align to the bank’s operating ambitions and objectives through departmental processes.

Operations :
** Responsible for a fully functioning Treasury front and middle office.
** Responsible for implementing controls in the department to ensure only authorised transactions are executed and that transactions are recorded completely and accurately according to financial reporting standards.

** Report to the Head of Operational risk regarding the operational risks and controls implemented to mitigate the risks.
** Responsible for adequate liquidity/cash all times to meet all operational requirements including balances held at SARB.
** Responsible for accurate cash flow forecasting

Minimum Requirements :
** Relevant Post graduate qualification, Honours, Masters Degree or MBA with commercial background (NQF 8)
** 8 to 10 years post qualification experience in Treasury banking industry
** Experience in market risk, liquidity and balance sheet management including strategies, processes (e.g. capital allocation and limit setting) and systems essential
** Experience in South African regulatory reporting

Knowledge :
** In depth knowledge of industry best practices, Extensive experience of Treasury banking operations and the associated risk management thereof, Practical knowledge of Treasury operations in a banking environment, Practical knowledge of requirements for market risk aggregation and consolidation at Group and Business Entity level, Practical knowledge in assessing critical market risk issues arising from local activities, including new products, Good understanding of Government related acts (PMFA, Basel, King III, Banks Act etc),

Good understanding of Treasury and the policies required to operate a good Treasury environment, Thorough understanding, and ability to execute SAMOS and SARB daily settlement process and Thorough understanding of the risks involved in settlements

Skills and Attributes :
** Strong leadership skills with ability to interact and influence at all levels, Good business acumen

** Strong analytical, quantitative and qualitative skills, Ability to think strategically, Ability to think creatively and generate new ideas and solutions, Excellent project management skills, Excellent people management skills, Good interpersonal skills and Good presentation skills

** Customer service driven, Resilient, Persuasive and influential, Ability to work under pressure, Good commercial awareness and able to challenge Senior Management and dealers

Contact Us :
** The South African Post Office is committed to the achievement and maintenance of diversity and equity in employment, especially with regard to race, gender and disability.

If you wish to view vacancies, log on to postoffice.co.za and Click on Careers or
Email your CV to: Zothile.Mngomezulu AT postoffice.co.za
Closing Date: 23rd September 2016
Position Number: 60057753
Cost Centre: 50800

Note :
** Correspondence will be limited to short-listed candidates only.
** If you do not hear from the South African Post Office within 3 months of this advertisement, please accept that your application has been unsuccessful.
** The South African Post Office Limited reserves the right not to fill this position or to re-advertise the positions at any time.

Contact Address :
350 Witch Hazel Avenue
Eco Point
Eco Park
Centurion
Pretoria
0157