Foreign Exchange Manager

A giant in the telecommunications industry is looking for a Foreign Exchange Manager to join their dynamic team based in Johannesburg to lead the respective teams to perform the End to End FinOps function which includes processing, dispute and query resolution, accounting, planning and reporting, in a timely and accurate manner, in accordance with defined operating procedures, accounting standards, SOX, compliance and business partner service level agreements.

 

Key accountabilities and decision ownership:
Manage the team and be responsible for team performance.
Manage development of team members to ensure they have the required skill set to contribute to achieving World Class Finance processes.
Establish close relationships with the other team leaders and management teams across the Group and related parties, specifically the bigger Finance team, Taxation, Finance teams of Group Subsidiaries.
Establish a close relationship and interact with the team leaders / managers specifically responsible for performing activities for the Intercompany, Cash Flow, Terminals and Forex teams.
Maintain lists confirming the activities to be performed by the team and those activities to be performed by the local FinOps teams.
Advise all relevant stakeholders on Intercompany, Cash Flow, Forex and Terminals related transactions, accounting, processes and reporting continuously identify opportunities to increase efficiency by leveraging off team members’ skills and streamlining processes.
Manage projects within the Intercompany, Cash Flow, Forex and Terminals teams.
 

Key performance indicators:
Conduct advance analytics and modelling relating to the following business themes within Credit and Risk.
Credit Vetting - Monitor and analyse Scorecards, Policy Rules and performance data for integrity concerns and opportunity.
Account Management - Manage the monthly account management processes by engaging with external stakeholders (vendors and credit bureaus), and ensure the overall integrity of the data and processes.
Working Capital Initiative – Run the monthly collections process for pay over to the respective banks.
Assist with any ad hoc analysis / reporting required on this initiative and ensure the overall integrity of the data. Engage with external stakeholders (banks) on an ongoing basis.
Conduct proactive analysis to mitigate credit risk (i.e. segment deep-dives).
Recommend credit policy changes based on the insight obtained through advanced analytics. (across the credit life cycle).
 

Generate and maintain periodic reports on:
Credit limits.
Working Capital Initiatives.
Summarising findings, developing recommendations and presenting analyses to management in a clear, concise, convincing and actionable format.
Contribute to achieving World Class ICO, Cash Flow, Opex and Forex processes.
Strive to achieve and exceed financial objectives set for the year.
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