Job title: Treasury & Forex Manager

Reports to: Financial Controller

Location: Kampala

Job Purpose

A Treasury & Forex Manager plays a critical role in managing a company’s financial operations, focusing on treasury functions and foreign exchange (forex) management

Key Responsibilities

• Treasury Management:

• Manage the company’s liquidity to ensure smooth operations and financial stability.
• Oversee cash flow planning, forecasting, and management.
• Preparation & Presentation of Daily, Weekly, Monthly and Yearly Cash Flow Projections and comparison with actuals
• Maintain relationships with banks and financial institutions for financing and operational needs.
• Optimize the company’s capital structure and funding costs.
• Co-ordination with Collateral Manager

2.Foreign Exchange Management:

• Monitor and manage forex risks arising from currency fluctuations.
• Implement hedging strategies using instruments like forward contracts, options, and swaps.
• Analyze and forecast exchange rate trends and their impact on the business.

3.Process Improvement:

• Identify and implement process improvements to enhance efficiency and accuracy within the Treasury department.
• Streamline financial procedures and systems to reduce errors and increase productivity.
• Stay updated with industry best practices and technological advancements.

4.Reporting & Compliance:

• Prepare financial reports on treasury and forex operations for management and stakeholders.
• Ensure compliance with regulatory requirements and internal policies.
• Assist in audits and liaise with regulatory authorities when required.

5.Stakeholder Communication:

• Communicate effectively with internal departments and external partners regarding financial matters.
• Address and resolve financial queries and issues raised by other departments or external parties.
• Provide support and financial advice to various departments as needed.

6.Risk Management:

• Identify and mitigate financial risks, including market, credit, and liquidity risks.
• Develop and implement risk management frameworks and policies.

7.Team Management:

• Supervise and mentor a team of treasury accountants
• Conduct performance reviews, provide training and development opportunities, and address any personnel issues.
• Delegate tasks and ensure the timely completion of accounting processes and reports

Education and Professional Qualifications

CA / ACCA and CPA would be an added advantage.

Work Experience

8 to 10 years

Desired profile

· Strong understanding of treasury functions and financial instruments.

· Expertise in forex markets, hedging, and risk management.

· Cash & working capital Management

· Knowledge of accounting standards

· Communication skills: Written & Oral

· SAP ECC6 or SAP S4 HANA knowledge is an added advantage

Competency Segment “Personal”

· Assertiveness

· Problem solving

· Managing stress & work life balance

· Interpersonal Communication

Competency Segment “Business”

· Business process improvement

· Knowledge management

· Analytical Thinking

Competency Segment “Leadership”

· Conflict & negotiation

· Developing people

· Managing team collaboration & delegation