• Full Time
  • Sandton

Website Growthpoint Properties

Job Purpose

Develops the company’s treasury and funding strategy, together with the Group FD, Group CEO, and the SA CEO. Implements the strategy and manages the funding pool, the financial risks (including interest rate risks, foreign exchange risks and liquidity risks) and cash.

Who The Position Reports To

The Group Treasurer reports to the Group Financial Director and indirectly to the Group CEO

Direct Subordinates

The position, currently, has the following direct reports
a) Treasury Manager
b) Treasury Accountant
c) Treasury Administrator

Experience

• 8 to 10 years’ treasury management experience.
• Extensive knowledge and understanding of local and international debt capital markets.
• Sound knowledge of local and international banking relationships including rating agencies.
• Must have assumed a lead role in local and international debt issues.

Qualifications

Post graduate financial / accounting qualification, preferably CA or Chartered or Financial Analyst or relevant MBA or MA in finance.

Competencies

Strategic focus
Highly organised and detail orientated
Numerically astute
Problem-solving
In-depth technical understanding of treasury aspects and capital markets and treasury application systems
Decision making and Negotiating skills
Computer literacy
Above average communication skills (communicate with conviction and gravitas)
Financial markets network

Duties & Responsibilities

Raise new loans and bonds and re-finance existing loans and bonds (including revolving credit facilities).
Manage capital costs through access to all available sources of international and local funding.
Sustain a strong balance sheet through conservative gearing and credit metrics.
Manage and maintain relationships with international and local institutional investors, bank teams and credit rating agencies.
Ensure the JSE debt listing requirements are met.
Measure and manage financial risks: interest rate risk, foreign exchange risk, liquidity risk, counterparty risk, share incentive scheme risk – entering into new FEC’s or FX products; entering into new interest rate hedging agreements or re-financing of interest rate hedging agreements; entering into new cross currency interest rate swaps or re-financing of cross currency interest rate swaps.
Manage SARB exchange control approvals.
Report on treasury activities, including maintaining the treasury management system, completing, and reviewing documentation, preparing monthly and quarterly treasury reports for management EXCO and Board (Risk Management Committee).
Provide insights on treasury related aspects on strategic mergers and acquisitions and any ad-hoc or “unusual” structures or debt and quasi-debt investments.
Management of the Treasury team (2 Treasury Managers, Treasury Accountant, Treasury Administrator).
Managing liquidity, cash, and strategic forecasting of cash.
Treasury function for Growthpoint Investment Partners: funding, interest rate risk management and cash management of the various unlisted funds.
Budgeting and projecting of interest expenses and reporting on variances.
Assist with strategic planning of loans, cross currency swaps and sustainability products.

Role Location

Growthpoint Head Office in Sandton, Johannesburg. The Company will accommodate some flexibility in this regard.

To apply for this job email your details to OChauke@growthpoint.co.za