The purpose of the role is to work closely (in a day-to-day manner), and facilitate and assist the user departments in their day-to-day ongoing requirements from the finance function. He / she will act as a liaison between the user departments and the finance function. He / she will work with planning, budgeting and performance reporting to assess DA’s financing needs; evaluate and secure financing sources; provide treasury and working capital management functions; carry out investments (with a time horizon of 6-9 months or more) of surplus funds in various asset classes in order to maximize investment income *. Maintain Confidentiality & Ethical Standards.
* It is anticipated that over the next few years there will limited investment activities carried out by DA as additional funding will be required to meet commitments for various projects underway. Any medium to long term investments by DA is unlikely in this period. Short term liquidity can be managed through the Treasury function rather than the Investments function.
Qualifications and Education:
The job holder will have a Bachelor’s degree in business administration or equivalent. A post graduate degree in Business Administration is preferred.
Professional qualification in accounting, e.g. Chartered Accountant or Certified Public Accountant will be an advantage.
At least 8 years experience in Treasury and Investments function of which at least 3 years should have been in a similar managerial role.
Exposure/experience interacting with bank and financial institutions, capital markets and general corporate treasury practical experience.
Remaining abreast of technical developments, industry best practices, particularly on treasury and investments related issues.
Working knowledge of accounting principles
Expert knowledge and understanding of treasury and accounting functions and systems
Expert knowledge of financial management including fund management, investment banking, financial instruments and risk assessment
Understanding of hedging and managing debt portfolios