Treasury Operations Manager at JMG – Apply Now

Position Summary

• The Treasury Operations Manager will be a pivotal leader within the Group Treasury team, responsible for the efficient and secure execution of all treasury operational activities. This role ensures optimal liquidity, manages banking relationships, mitigates financial risk, and strengthens internal controls. The ideal candidate is a detail-oriented, analytical, and proactive professional who can manage a high-volume operation while contributing to strategic treasury initiatives.

Key Responsibilities

Cash & Liquidity Management:

• Oversee daily cash positioning, forecasting, and reconciliation for the group and its subsidiaries.
• Manage intercompany funding, loans, and dividends.
• Execute domestic and international payments, ensuring accuracy, timeliness, and compliance.
• Optimize liquidity through efficient pooling structures and short-term investment of surplus funds.
• Monitor bank account balances and signatories, maintaining the group’s bank account database.

Banking & Financial Relationships:

• Serve as the primary operational liaison with banks and financial institutions.
• Administer electronic banking platforms (e.g., SWIFT, host-to-host) and ensure user access security.
• Negotiate bank service charges and manage account structures for cost efficiency.
• Coordinate the opening/closing of bank accounts and KYC documentation.

Risk Management & Controls:

• Execute and monitor foreign exchange (FX) transactions as per the Group’s hedging policy.
• Monitor interest rate exposures and assist in executing relevant hedges.
• Develop, implement, and enforce robust internal controls, policies, and procedures for all treasury activities.
• Ensure strict adherence to authorized signatory limits and payment protocols.

Debt & Investment Operations:

• Administer the drawdowns, rollovers, and repayments of loans, ensuring compliance with covenant reporting requirements.
• Process short-term investment transactions (money market, deposits).
• Maintain accurate records of all debt and investment instruments.

Technology & Systems:

• Act as the super-user for the Treasury Management System (TMS) or core banking platforms, driving automation and process improvements.
• Ensure system integrity and data security.
• Leverage technology to enhance reporting, efficiency, and controls.

Reporting & Compliance:

• Prepare daily, weekly, and monthly treasury reports (cash flow, debt portfolio, FX exposure).
• Support month-end and year-end closing activities related to treasury.
• Ensure compliance with internal policies, group directives, and relevant regulatory requirements.
• Assist with internal and external audits related to treasury operations.

Qualifications & Experience

Essential:

• Education: Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• Professional Certification: Recognized treasury or finance qualification (e.g., ACT Certified Treasury Professional, CFA, ACA/ACCA/CIMA) is highly preferred.
• Experience: Minimum of 7-10 years of progressive experience in a corporate treasury, banking, or financial services operations role, with at least 3-5 years in a supervisory/managerial capacity.

Technical Skills:

• Deep expertise in cash management, payments (local & international), and liquidity forecasting.
• Strong understanding of FX, money markets, and basic debt instruments.
• Proficiency with Treasury Management Systems (TMS), ERP systems (e.g., SAP, Oracle), and sophisticated banking platforms.
• Advanced proficiency in MS Excel (pivot tables, macros, data analysis).

Desirable:

• Experience in a large, diversified group or conglomerate with multiple subsidiaries.
• Knowledge of relevant regulations and compliance in the group’s operating regions.
• Experience with treasury transformation or system implementation projects.

Competencies & Personal Attributes

• Analytical & Detail-Oriented: Exceptional accuracy and a keen eye for detail in a high-pressure environment.
• Leadership & Team Management: Proven ability to lead, mentor, and develop a team of treasury professionals.
• Integrity & Control Mindset: Unwavering commitment to strong controls, risk management, and ethical conduct.
• Proactive Problem-Solver: Ability to anticipate issues, identify root causes, and implement effective solutions.
• Excellent Communicator: Strong interpersonal skills to interact effectively with banks, internal stakeholders (Finance, Legal, Business Units), and senior management.
• Adaptable & Resilient: Ability to manage multiple priorities and adapt to a dynamic, fast-paced business environment.