Assistant Treasury Manager

at  Toys R Us and Babies R Us South Africa

Welcome to the Toys R Us world of awwwesome, where we want your little one’s imaginations to run free! Toys R Us and Babies R Us are well established international brands. Commonly referred to as the “World’s Greatest Toy Stores”, Toys R Us SA currently boasts 50 physical stores, three of which are located in Namibia, Botswana and Zambia, as well as an ALL NEW AWWWESOME online store.
The key focus of the group is to ensure that customers, young and old, from children to grandparents, are offered an amazing range and experience, complimented by great value! Are you a dynamic, energetic and passionate individual?
We are looking for a Assistant Treasury Manager to be based at our Head Office in Durban!!!

KEY SKILLS

1. Relevant degree and minimum of 3 years experience
2. Knowledge of SAGE 300
3. Ability to work under pressure and meet deadlines
4. Effective management skill
5. Interpersonal communication skill
6. Knowledge of financial regulations
7. Ability to analyze financial data and prepare financial reports
8. Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects
9. Conflict management
10. Problem solving and decision making

JOB PURPOSE

The Assistant Treasury Manager’s primary objectives are to elevate the company’s financial standing while mitigating risks. The incumbent will oversee the company’s capital, ensuring it meets obligations and making prudent investments with surplus funds. Key functions include cash management, liquidity management, cash forecasting and investment management.

KEY RESPONSIBILITIES

1. Manage a team of treasury staff members
2. Develop and implement department policies, procedures, and internal controls
3. Streamline processes and improve efficiencies through team training and technology
4. Review of bank reconciliations to ensure compliance with SOP
5. Treasury reporting relating to the business
6. Reviewing daily bank reconciliations prepared by stores and following up on queries
7. Preparing, capturing and reconciliation of all data related to the cashbook on a daily and monthly basis
8. Importing of daily bank reconciliations and reconciling on Sage
9. Maintain and monitor cash flow reporting and forecasting, ensuring liquidity
10. Analyze and perform appropriate hedging and funding activities
11. Maintain investment records and prepare expense and earnings forecasts
12. Assisting stores with any banking related queries
13. Capturing all EFT payments and loading of banking details
14. Ensure that all relevant treasury department information is stored and updated to Knowledge Base
15. Liaising with Financial Institutions for queries