Job description

JOB PURPOSE: 

The Treasury Manager will lead and oversee treasury operations to ensure strong liquidity, effective cash forecasting, disciplined banking operations, and robust treasury controls. The role will manage key banking relationships, support funding and investment activities, oversee treasury risk management (FX, interest rate, liquidity), and ensure compliance with internal policies and audit requirements. The Treasury Manager will also play a key role in debt management and restructuring, including refinancing analysis, restructuring scenarios, creditor engagement support, and covenant monitoring, while driving continuous improvement in treasury systems and processes.

KEY ACCOUNTABILITIES: 

Cash Flow & Liquidity Management

• Oversee daily cash positioning and liquidity monitoring to ensure operational and strategic obligations are met.

• Develop and maintain short-, medium-, and long-term cash flow forecasts, including scenario and sensitivity analysis.

• Monitor working capital performance and drive improvement initiatives related to receivables, payables, and cash conversion cycle.

• Establish liquidity governance routines (cash meetings, forecasting cadence, escalation triggers, approvals visibility).

Banking Operations & Relationship Management

• Manage daily banking activities including payments, fund transfers, intercompany movements, and settlement confirmations.

• Maintain relationships with banks and service providers; support negotiations on pricing, fees, facilities, and service-level agreements.

• Oversee bank account administration (open/close accounts, signatories, mandates, KYC documentation) and user access controls.

• Ensure strong controls over payment workflows, authorization limits, and maker-checker practices.

Treasury Risk Management & Compliance

• Identify, assess, and monitor treasury risks including FX, interest rate, counterparty, and liquidity risks.

• Support development/execution of hedging strategies and ensure proper documentation, approvals, and controls.

• Ensure compliance with treasury policies, regulatory expectations, and audit requirements; maintain complete audit-ready documentation.

• Support internal/external audits with evidence packs, reconciliations, and control narratives.

Funding, Debt Management & Debt Restructuring

• Track and administer funding facilities (loans, revolvers, guarantees), including drawdowns, repayment schedules, and covenant reporting.

• Maintain a debt servicing calendar aligned with cash forecasts and ensure timely execution and reporting.

• Lead preparation of debt diagnostic summaries (facility mapping, rates, maturities, covenants, security packages, and exposure by lender).

• Develop and model restructuring and refinancing scenarios (tenor extensions, repricing, grace periods, rescheduling, consolidation, partial repayments, intercompany support options) and assess impact on liquidity and key ratios (e.g., DSCR, leverage).

• Support engagement with lenders/creditors by preparing negotiation packs, lender reporting materials, and cash flow support schedules (under Treasury Director guidance).

• Coordinate tracking of lender information requests, term sheet comparisons, covenant headroom, and compliance action plans.

Investment Administration

• Maintain investment records, maturity schedules, counterparty exposure, and performance monitoring.

• Support execution of approved short-term and long-term investment strategies in line with treasury policy.

• Prepare analysis on investment options and liquidity trade-offs to support decision-making.

Reporting & Treasury Analytics

• Prepare periodic treasury reports (daily liquidity dashboards, weekly cash reports, monthly treasury summaries, bank fee analysis, reconciliation oversight).

• Conduct variance analysis (forecast vs actual) and provide recommendations to improve forecast accuracy and liquidity outcomes.

• Support preparation of materials for senior management, board-level treasury updates, and external stakeholder reporting.

Treasury Systems & Process Improvement

• Support implementation/enhancement of treasury tools (TMS/ERP/banking portals), including testing, controls, and user governance.

• Drive process improvements to increase efficiency, reduce operational risk, and strengthen governance (SOPs, workflow maps, approval authorities).

• Participate in finance transformation initiatives, automation projects, and cross-functional process alignment

COMMUNICATIONS & WORKING RELATIONSHIPS: 

Internal:

• CFO / Executive Management

• Finance team and department heads

• Internal audit, risk, and compliance teams

External:

• Banks and financial institutions

• Consultants and advisors

• Third parties and service providers

• OIA and Government stakeholders

 QUALIFICATIONS, EXPERIENCE & SKILLS:

Qualifications:

• Bachelor’s degree in Finance, Accounting, Economics, or related field.

• Professional certification (ACT, CFA, CPA, ACCA, CMA or equivalent) is a must. 

Experience

• Minimum 8 years of experience in treasury operations, corporate finance, or related financial roles.

• Strong experience in cash management, banking operations, and cash flow forecasting.

• Proven exposure to funding facilities, covenant monitoring, and lender reporting.

• Experience supporting refinancing / debt restructuring analysis and lender engagement is highly preferred.

• Advanced Excel skills; exposure to TMS/ERP and reporting/dashboard tools is an advantage

Technical Competencies Leadership/Behavioural Competencies 

• Cash management & banking operations

• Liquidity forecasting & scenario planning

• Working capital analysis

• Treasury risk management (FX/interest/liquidity)

• Hedging execution support & documentation controls

• Funding facility administration & covenant monitoring

• Debt diagnostics & restructuring scenario modeling

• Refinancing analysis & lender reporting packs

• Investment tracking & maturity management

• Treasury reporting, reconciliations & variance analysis

• Treasury policies, controls & audit readiness

• TMS / ERP treasury workflows (preferred

• Strategic Thinking

• Collaboration

• Prioritization

• Nurturing Talent

• Drive and Resilience

• Leading Change

• External Context

• Impact and Influencing

• Decision Making

• Personal Development