Treasury Specialist

Group Treasury operates a centrally governed treasury model. Certain operational, transactional and reporting activities as outlined above may be performed by a BSC employee. Notwithstanding this, Group Treasury retains ownership and accountability for (within the scope of DOA):

- Treasury strategy, policies and control framework

- Liquidity, funding and capital structure decisions

- FX and interest rate risk management, including hedging strategy

- Approval of material cash movements and funding transactions

- External bank relationships and treasury-related stakeholder management

- Oversight of treasury systems

- Final review, approval and sign-off of treasury reporting activities

Group Treasury remains responsible for the direction, oversight, review and challenge of activities performed by the BSC, ensuring compliance with internal controls, policies and procedures with the scope of the DOA as prescribed by the Board.

• Monitor daily group cash positions and global bank balances, and flag major discrepancies in the team.
• Manage the groups short to medium-term cash flow forecasts, work closely with regional FDs to ensure the accuracy of cash flow forecasts.
• Assist with managing cash pooling and intercompany funding
• Assist with identifying opportunities to optimise liquidity across bank accounts/entities
• Execute and monitor cash transfers, funding, including intercompany loans
• Ongoing maintenance of the securitisation programme, including monthly reporting, review of credit limits, etc.
• Track loan balances, interest calculations, debt repayments and maturities
• Prepare reporting on external borrowings and intercompany loans
• Record Intercompany journals in the Treasury management system
• Monitor Group’s foreign exchange and interest rate risks
• Assist with hedging activities and related documentation
• Monitor to ensure hedging in compliance with treasury policies and risk appetite/limits
• Daily cash and debt reporting, monthly cashflow forecasting
• Management of month-end processes, including FX rates, interest reports and interest forecasts etc.
• Assist with preparing monthly treasury reports for management
• Support month-end, half-year and year-end treasury related accounting entries
• Assist with internal and external audits related to treasury activities
• Support bank account administration and manage bank mandates, ensure adequate controls are in place.
• Maintain treasury management systems (GTreasury) and banking platforms
• Continued improvement of Treasury processes