Company Description
Jobs for Humanity is collaborating with Sucafina to build an inclusive and just employment ecosystem. We support individuals coming from all walks of life.
Company Name: Sucafina
Job Description
Job Title: Treasury Team Lead
Reporting to: Head of Finance Center of Excellence - Africa
Department: Accounting / Finance
Summary of the role
Provide oversight of treasury operations, cash management, and financial reporting while ensuring accounting accuracy and compliance with organizational policies.
Key Responsibilities and Accountabilities
Undertake a supervisor role and be expected to manage a team of Accountants. The primary responsibilities will include, but are not limited to:
Cash Flow Management & Forecasting
- Oversee daily cash positioning and liquidity management across all bank accounts
- Develop and maintain short-term and long-term cash flow forecasts to optimize cash utilization
- Monitor cash balances and ensure sufficient funds are available to meet operational needs
- Analyze cash flow trends and provide strategic recommendations to improve cash management
- Coordinate with business units to gather cash flow projections and ensure accuracy
Bank Relationship Management & Reconciliation
- Manage relationships with banking partners and financial institutions
- Oversee daily bank reconciliation processes, ensuring timely resolution of discrepancies
- Review and approve bank reconciliation reports prepared by team members
- Implement controls to safeguard banking transactions and prevent fraud
- Optimize banking structure and fee arrangements to reduce costs
General Accounting Processes
- Oversee treasury accounting functions including journal entries, balance sheet reconciliations, and month-end closings
- Review and approve journal entries, reconciliations, and adjustments
- Ensure compliance with accounting standards for treasury operations
Financial Reporting
- Ensure accurate transactional accounting postings to general ledgers with correct expense account allocation
- Prepare treasury-related management reports with comprehensive analysis
- Manage intercompany ledgers with accurate and timely reconciliations in compliance with Group Intercompany Policy
- Report on cash positions, investments, and debt to senior management
Process & Project Management
- Identify and implement process improvements to increase efficiency in treasury operations
- Work with SSC head on KPIs measurements and process enhancements
- Identify financial risks and implement mitigating controls
- Collaboration with IT on treasury management system issues and upgrades
- Lead or participate in special projects as key super-user
- Perform additional responsibilities as assigned by the Head of Centre of Excellence
Team Leadership
- Lead and mentor a team of accountants, fostering a collaborative and high-performance work environment
- Provide guidance, training, and support to team members in resolving complex accounting issues
- Ensure accurate and timely financial reporting through effective team management
Qualifications and Education
- Bachelor’s degree or equivalent with a major in accounting/Finance.
- CPAK or Finalist
- ACCA Finalist
Experience
- 3 to 5 years of related experience in SSC or COE
- Experience in a public accounting and a commodity trading company is preferable but not required
Technical Competences
- Strong accounting knowledge
- SAP FICO expertise
- Proficient in Microsoft Word, Excel, Outlook, Accounting software.
- Understanding and practice of US GAAP and IFRS
Behavioral Competences
- Confidentiality - Deal with sensitive and confidential matters
- Integrity - Honest and has a high level of ethics
- Strong Organizational Skills
- Detail Oriented – Attention to detail
- Teamwork - Pleasant with others, displays a cooperative attitude
- Have "own it" culture
- Responsive, smart & fast learner, and continuously learning and developing
- Positive attitude
- Critical thinking
- Leadership skills
Languages
Other requirement
- Ability to work under stress and respond to tight deadlines
