Job & Company Description :
You will be responsible to deliver a financial control and analysis function within the specialised Treasury function covering disclosure, valuation and completeness of transactions.
To support the Group Treasury Manager with the preparation and maintenance of detailed financial / treasury models, as well as the reporting thereof, and have knowledge of IFRS 9 in relation to the treasury impacts and the applications and implications to the Group.
Duties & Responsibilities :
Detailed financial modelling, understanding the key areas of both income statement and balance sheets to generate and adjust forecasts and inflows resulting in financing / gearing decisions to be made by Treasury.
Budget & forecast variances are analysed and reported
Preparing and maintaining loan models which consolidate all loan and interest payments and maturities
Maintaining money market model which forecasts daily cash flows, and highlight any liquidity concerns with appropriate lead time to make adjustments if necessary.
In-depth, specialised knowledge of IFRS 9 at the highest professional level required to account for financial treasury transactions in the Annual Financial Statements of a complex multinational business.
compiled the AFS, and being able to challenge numbers confidently.
Specialist knowledge relating to the review of hedge accounting (Interest and FX) criteria and the application to Woolworths systems (including Tradestream)
Monthly and quarterly reporting on financial results to external stakeholders. Review of treasury transactions and reporting requirements in between other group companies
Assist with ensuring that all interest and capital repayments on funding solutions are made timeously.
Assist in determining refinancing profiles / solutions, based on the existing maturity profile.
Assisting with the drafting of Monthly Treasury Report for inclusion in Monthly Finance Pack and quarterly Board and Audit Committees to inform the Board of the exposure of the group to financial risks.
Maintain covenant compliance calculations
Prepare monthly treasury entries and prepare analysis of FX hedged position
Assist with Monthly Treasury Analysis of FX position and liaison with central planning to manage FX requirements and exposures, including advice for buying strategies
Assist the Group Treasury Manager with management of the relationship with providers of facilities and provision of information thereto
Assist the Group Treasury Manager with effective control (including reconciliation and review of all treasury transactions)
Job Experience & Skills Required :
CA (SA) minimum 1 year post article experience
Clear evidence of technical treasury competence
Clear evidence of financial modelling experience
Evidence of top quartile performance
Articles with Big 4 or medium firm
Able to effectively use latest decision support technologies / accounting systems (e.g. advanced excel, Qlickview, Tradestream, Oracle )
Good attention to detail
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CA(SA) and General Finance Specialist