Treasurer - Head Office - Finance

Schauenburg Systems is dedicated to providing equal employment opportunities. We strongly encourage EE candidates and individuals with disabilities to submit their applications.

To manage and optimise the organisation’s cash flow, liquidity, and financial risks by implementing effective treasury strategies, ensuring regulatory compliance, maintaining strong banking relationships, and maximising returns while minimising costs. The role also supports financial stability through accurate forecasting, efficient working capital management, and strong internal controls.

1. Design and implement Treasury functions and procedures.

• Control spending and increase liquid assets by designing and implementing a more accurate cash‑flow forecasting model. Implemented efficiency by minimising the cost of borrowing and maximised interest‑bearing deposits.

2. Manage and liaise with Company Bankers on the following topics:

• a. Authorised signatories
• b. Authorised online banking releasing
• c. Consolidated internet banking platforms
• d. Optimal banking solutions and reduced banking fees
• e. Best pricing for forward cover
• f. Adhoc requirements
• g. SARB – Compliance
• Any changes / new signatories / new directors / add‑ons / increase in limits are timeously sent to the bank for actioning. Regular meetings with banks are set up to address issues.

3. Manage transaction dates, specifically the risk and reward dates on stock and take out forward cover where required for all entities.

• Procedures and internal controls are in place and adhered to and proper segregation on duties are implemented. Forward cover taken out on risk and reward date.

4. Foreign Exchange – Manage risk on forward cover for local customers and ensure ROE recovery clause is invoiced and followed up. (ROE – Rate of Exchange)

• All Treasury Policies and Procedures adequately cover the risks. ROE recovery clause is invoiced and followed up.

5. Foreign Exchange – Resolve any queries related to ROE.

• Assisting colleagues with day-to‑day ROE and queries.

6. Effectively managing and covering all open foreign exchange risks and compliance requirements.

• Identifying the type of risk that our company is exposed to and the amount of risk encountered. Ensure forward cover is taken out. Procedures are updated with any changes / improvements and relevant requirements.

1. Forecast for all companies in the Group.

• Monthly cash‑flow reports review & commentary included.

2. Optimisation of cash position and investments – Possible cash pooling system implementation.

• Transfer of available cash to investment accounts to earn interest. Transfer between banks to get a higher return on investment. Plan cash needs for the next year.

3. Review of weekly bank balance sheet for Germany.

• Weekly reports completed in time.

4. Completion of liquidity risk schedules for Management and Germany.

• Liquidity risk schedules completed in time.

5. Completion of monthly cash‑flow reports for all companies in the group, along with commentaries.

• Cash‑flow reports reviewed & commentary included.

6. Reserve bank applications/renewals and record‑keeping of all SARB approvals and renewal dates.

• Companies are reserve bank compliant. Applications/renewals are accurately & timely submitted for assessment.

7. Complete bank documentation for any additional bank accounts/changes of company details/signatories (incl. all bank accounts/credit cards/petty cash debit cards).

• All information is submitted to bank for requested changes/updates. No long outstanding queries.

8. Monitoring cash flow & working capital requirements on an ongoing basis, ensuring sufficient liquidity to maintain operating activities.

• Review cash‑flow & working capital requirements to ensure companies have sufficient cash to pay monthly commitments.

9. Ensure all financial reporting deadline dates are met.

• Month‑end reports completed in time.

1. Review and sign creditors reconciliations.

• Creditors reconciliations done accurately.

2. Review and and release creditors payments from bank.

• Payments done accurately & timely.

3. Regular meetings with credit controller & larger team and assist to resolve…