Treasury Manager

JOB DESCRIPTION – TREASURY MANAGERDepartment: FinanceJob Level: Manager LevelWork Location: Head Office & BreweryDirect Supervisor: Head of FinancePosition ObjectiveThe Treasury Manager is responsible for managing the company’s liquidity, cash flow, funding, banking relationships, financial risk, and capital requirements to ensure sufficient financial resources are available to support daily operations and long-term business growth.The role leads treasury planning and execution, optimizes working capital and financing costs, manages foreign exchange and interest-rate exposure, and ensures treasury activities comply with company policies, internal controls, banking requirements, and applicable regulations.Key Roles & ResponsibilitiesA. Funding & Capital ManagementAssess short- and long-term funding requirements based on business plans, capital expenditure, and cash flow forecasts.Manage credit facilities, loans, overdrafts, and other financing arrangements.Support the evaluation and execution of debt or other financing solutions where required.Negotiate competitive financing terms, interest rates, facility limits, and banking conditions.Monitor borrowing costs, repayment schedules, facility utilization, and debt maturity profiles.Support management in developing an appropriate capital and financing structure.B. Liquidity & Cash ManagementManage and monitor the company’s daily cash position to ensure sufficient liquidity for operational and financial obligations.Develop short-, medium-, and long-term cash flow forecasts in coordination with Finance and relevant business functions.Optimize cash utilization across bank accounts and business operations.Monitor cash inflows and outflows and identify potential liquidity gaps or excess cash positions.Recommend appropriate actions to improve cash availability and working capital efficiency.C. Banking Relationship ManagementDevelop and maintain strong relationships with banks and other financial institutions.Lead discussions and negotiations regarding credit facilities, bank fees, interest rates, transaction services, and other banking arrangements.Manage bank account structures, authorized signatories, online banking access, and related treasury administration.Regularly evaluate banking services and recommend improvements to enhance efficiency and reduce costs.Ensure compliance with banking documentation and credit facility requirements.D. Foreign Exchange & Financial Risk ManagementMonitor the company’s exposure to foreign exchange, interest rate, liquidity, and other treasury-related financial risks.Develop appropriate strategies to mitigate financial risks in accordance with company policies.Monitor FX market movements and assess their potential impact on payments, purchases, financing, and business performance.Evaluate appropriate hedging instruments or other risk-management solutions when required.Provide management with timely updates on significant financial market risks and exposures.E. Cash Flow Forecasting & Working CapitalLead the preparation and continuous improvement of cash flow forecasting models.Coordinate with Accounts Receivable, Accounts Payable, Supply Chain, Commercial, and other functions to improve forecasting accuracy.Monitor working capital indicators, including receivables, payables, inventory-related cash requirements, and payment cycles.Identify opportunities to improve cash conversion and working capital efficiency.Conduct scenario and sensitivity analysis to support liquidity planning and management decisions.F. Treasury Operations & ControlsEnsure treasury transactions are executed accurately, securely, and within approved authorization limits.Maintain effective controls over payments, fund transfers, banking transactions, and treasury documentation.Review treasury processes and recommend improvements to strengthen controls and operational efficiency.Ensure appropriate segregation of duties within treasury operations.Maintain complete and accurate records of treasury transactions and supporting documents.G. Compliance, Reporting & AuditEnsure treasury activities comply with company policies, internal controls, financing agreements, and applicable regulations.Monitor compliance with loan covenants and other banking or financing obligations.Prepare regular treasury reports covering cash position, liquidity, debt, financing costs, FX exposure, and banking facilities.Provide treasury information and analysis to the Head of Finance and senior management.Prepare supporting documents and schedules for internal and external audits.Address treasury-related audit findings and implement corrective actions where necessary.H. Investment & Surplus Cash ManagementMonitor surplus cash and recommend appropriate short-term investment or deposit strategies.Evaluate investment options based on liquidity, security, return, maturity, and business requirements.Ensure investments are made within approved company policies and risk parameters.Monitor investment performance and provide regular reporting on returns.I. Team Leadership & Stakeholder ManagementLead, coach, and develop the Treasury Supervisor and treasury team.Establish clear priorities, responsibilities, and performance expectations.Work closely with Accounting, Tax, FP&A, Accounts Payable, Accounts Receivable, Supply Chain, Commercial, and other departments.Provide treasury guidance and financial insights to support business decisions.Promote a culture of accountability, accuracy, collaboration, and continuous improvement.Minimum Job RequirementsBachelor’s degree in Finance, Accounting, Economics, Banking, Business Administration, or a related field.Master’s degree in Finance, Business Administration, or a related discipline is an advantage.Professional qualifications such as CTP, CFA, CPA, ACCA, or CA are preferred.Minimum 5–7 years of relevant experience in treasury, corporate finance, banking, or financial management.At least 2–3 years of experience in a supervisory or managerial capacity is preferred.Strong practical experience in cash management, cash flow forecasting, banking facilities, funding, and financial risk management.Experience within FMCG, manufacturing, beverage, or other large-scale commercial organizations is an advantage.Ability to manage multiple priorities and work effectively under pressure.Strong negotiation and banking relationship management skills.Technical SkillsStrong knowledge of treasury operations, corporate finance, liquidity management, and working capital management.Strong understanding of banking facilities, loans, interest rates, foreign exchange, and financial risk management.Advanced proficiency in Microsoft Excel, including financial modeling, cash flow analysis, and scenario analysis.Good knowledge of ERP systems and/or Treasury Management Systems (TMS).Proficiency in Microsoft Word, PowerPoint, Outlook, and other relevant business applications.Strong financial analytical and reporting capabilities.