Job Ref #: GTA
Industry: Pharmaceutical And Medical/Healthcare
Job Type: Permanent
Positions Available: 1

Job Description

Job Purpose:

• With respect to the Group's South African treasury entity (Aspen Treasury SA (Pty) Limited or “ATSA”) to undertake day-to-day front and middle office operating activities and to provide dedicated support in the areas of accounting and reporting.
• To undertake administrative, coordination and analytical activities that enable the efficient functioning of Group Treasury with the ultimate goal of ensuring the Group meets its treasury objectives as outlined in the Group Treasury Policy.

With respect to Aspen Treasury SA (Pty) Limited:

 

Non-operational activities

Under direction from the Group Head: Treasury (“GHT”) and the Group Executive: Treasury (“GET”), and ordinarily subject to review from the Group Treasury Controller (“GTC”) to undertake administrative, analytical or preparation activities aligned to ATSA’s risk and control matrix, the primary goal of which is to ensure ATSA meets its reporting, compliance and payment obligations on time and in full, which include but are not limited to:

        

Preparing, producing, supporting and/ or contributing towards:

• Internal Audit controls testing
• Board meeting information pack
• Capital adequacy assessment
• Risk and control matrix and alignment thereof to workflow productivity system

Review:

• Third party and intragroup treasury-related invoices
• Preparation and/ or review of monthly management accounts

Operational activities

• To undertake front office activities (i.e. pre-trade counterparty engagement, trade execution and capturing to ATSA’s treasury system) and middle office activities (i.e. near-term cash forecast review, FX exposure identification and measurement, trade recommendation, validating trades captured to ATSA’s treasury system, validating market data that is fed into ATSA’s treasury system) with respect to treasury-related facilities, instruments and trades, ensuring that such activities are undertaken timeously, correctly, efficiently and in line with ATSA’s strategy, risk tolerances and standard operating protocols;
• Under direction from the GHT, to undertake supporting activities with respect to management of ATSA’s bank and trading accounts with its banking counterparties, including account opening/ maintenance documentation, facilitating know-your-customer procedures, establishment and maintenance of mandates and standard settlement instructions, and the creation and maintenance of master data records in ATSA’s treasury system so as to ensure that ATSA is appropriately enabled to operate in accordance with its strategy;
• To monitor ATSA’s banking fees, ensuring fees charged to ATSA are reasonable when compared to transaction volumes and annual price lists agreed to with the bank.

With respect to the Group’s overall treasury objectives:

Arising from the Treasury Policy:

• Under direction from the GET and the GHT, to periodically undertake administrative and coordination activities, and to prepare analyses, with respect to certain of the Group’s treasury-related risks (i.e. interest rate, foreign exchange, liquidity, loan undertakings, counterparty, capital adequacy, cash optimisation) which are aimed at ensuring such risks are managed within risk tolerances stipulated in the Group’s treasury policy;

   

• Contribute towards the Group Treasury Committee meeting information pack and/ or minutes and contribute towards the monitoring and measurement of the KPIs as per the Group’s treasury policy.

  In support of Group Treasury (as a Group-wide business function):

• Under direction from the GET and the GHT, to undertake administrative and coordination activities with respect to the operating effectiveness of key risk management processes/ areas specific to Group Treasury (including its detailed risk and controls matrix and internal audit testing);
• Under direction from the GET and GHT, and subject to review by the GTC, to undertake preparation, administrative and coordination activities with respect to the Group’s covenant compliance reporting and counterparties know-your-customer obligations;
• Subject to direction and sign-off by the GET and the GHT, and subject to review by the GTC, to undertake preparation, administrative and coordination activities with respect to regular reporting to the South African Reserve Bank;
• In consultation with the GET and the GHT, to implement and realise new ways of working and technology enablers adding value through automation and simplification of existing workstreams;
• To support the GET, GHT and/ or GTC with respect to administrative activities required to enable/ maintain the Group’s South African entities’ transactional banking requirements;
• With respect to small-to-medium-sized assignments: using a combination of standardised and innovative methods, tools or frameworks, to lead the technical execution of such assignments, including providing technical direction to other more junior professionals or specialists working thereon;
• With respect to large assignments: under direction from the GET and the GHT, and with a limited degree of autonomy, to apply their technical knowledge in supporting the execution of such assignments.

 

 

 

 

Job Requirements

Qualifications and Experience:

• Bachelor of Commerce or similar qualification;
• CIMA/ Certificate in Treasury or similar accounting or finance-related qualifications is advantageous
• Experience gained during articles, if applicable; +4 years’ experience (preferably with financial services or treasury-type multinational clients
• Financial services industry, or in the finance/ treasury division of a mid to large corporate;
• Knowledge of/ previous use of SAP Treasury is preferred
• Excellent written and oral communication skills to a wide range of stakeholders;
• Good understanding of financial accounting and internal controls

 

 

Skills and Attributes:

• Well organised and methodical approach to tasks;
• Excellent Excel, Word and Outlook skills;
• Ability to multi-task and manage several tasks simultaneously;
• Adherence to deadlines, and proactive management of stakeholder expectations in relation thereto;
• Professional commitment to stakeholders;
• Good understanding of corporate-treasury concepts and related financial instruments and concepts (including hedging instruments, loan agreements and guarantees);
• Moderate understanding of South African company law and corporate processes

 

Aspen Competencies:

Business:

Performance Driven: Aspen’s success is dependent on its people and their ability to achieve results.  This requires employees who have the ability to operate with a high level of energy, whilst remaining focused on the required outcomes. They have a ‘can do attitude’ and the courage to enter unknown territories. They set demanding targets and continually strive for high standards. In doing so these employees turn strategy into action and action into results.

Accountability/Ownership: Employees readily accept responsibility, own decisions and achieve results despite adverse conditions. They deliver on commitments, usually on time and respectful of others’ time. They take feedback constructively and build on it for future improvement.  

People:

Dealing with ambiguity/Embrace change: Ability to comfortably initiate change and overcome obstacles operating with a high level of flexibility. Show resilience in the face of constraints, frustrations or adversity. Lead employees through times of adversity and change. Be able to excel at managing transition while exhibiting flexibility, patience and resilience.

Self:

Continuously grow and develop: Staying competitive means continually increasing knowledge, skills and capabilities. Learn from mistakes and continually strive for excellence.

Takes Action with Integrity: Aspen employees must internalise the principles of the Aspen Code of Conduct and demonstrate integrity, fairness, accountability, respect, transparency and sincerity. This requires courage, initiative and a strong sense of personal responsibility. Reports unethical conduct.

 

Aspen is committed to the principles of equal employment opportunity. Preference will be given to applicants from designated groups through a fair recruitment and selection process in line with Aspen’s Transformation Agenda.

Internal Applicants must inform their direct line managers of their application. Applications must be completed using an Aspen email address.

If you have not heard from the HC department within 30 days of this advert closing, please consider your application unsuccessful.