Company Description
Come and join this dedicated team as a
Specialist Treasury. This role plays a key role in managing the organization’s cash flow, liquidity, and financial risk. This position is responsible for executing daily treasury activities, including cash management, forecasting, and investments largely focused on the marketing business. The Treasury Specialist is also responsible for the management of trade finance activities in support of sales and purchases and managing associated risks and impact on working capital for the marketing business.
Anglo American Platinum Limited (AAP), currently a subsidiary of Anglo American plc and listed on the Johannesburg Securities Exchange (JSE), is a leading primary producer of platinum group metals with mining, smelting and refining operations that are located in South Africa and Zimbabwe.
Our business is embarking on a significant transformation journey to embed operational excellence and set itself up as a standalone and independent entity. We will be empowered to define and pursue our own strategic vision for our activities in South Africa, Zimbabwe and global marketing capabilities. This new chapter presents a unique opportunity as we focus on enhancing our operational capabilities and accountability for delivering value to our stakeholders. We intend to remain the leading primary producer of platinum group metals, with capabilities across the full value chain from our mines to market. Integrating sustainability in what and how we do, we will play a leadership role to protect and create value, with safety as an overarching and paramount value.
We are looking for talented individuals to join our team. Take the next step in your career with us!
Number of positions : 1
Location: Corporate Office
Job Description
Job responsibilities include (but are not limited to):
- Daily Cash Positioning: Monitor and manage daily cash balances across multiple bank accounts to ensure sufficient liquidity for operational needs.
- Cash Forecasting: Assist in developing short-term and long-term cash flow forecasts, identifying cash requirements and potential surpluses including working capital utilisation/forecasting.
- Cash Optimization: Collaborate with finance and marketing team to optimize cash positions, reduce idle cash, and maximize interest income.
- Foreign Exchange (FX) Risk Management: Monitor currency exposures and support FX hedging activities to minimize operational exchange rate risk for the marketing business.
- Interest Rate Risk Management: Assist in monitoring and managing interest rate risks, supporting the execution of hedging strategies if necessary.
- Support marketing initiatives for new business and products by providing treasury advisory support, ensuring appropriate banking set-up and funding structures.
- Lead the set-up of commodity and foreign exchange trading capabilities with banks and brokers, including the negotiation of credit lines and related agreements including ISDA’s. Manage the commercial and credit related aspects of these negotiations within the governance and risk appetite of the business.
- Negotiation and arrangement of new collateral management requirements with various banks and trading counterparties, engaging credit risk and legal support as appropriate.
- Lead the negotiations with banks on vanilla trade finance facilities (letters of credit, bonds, guarantees, receivables discounting) coordinating between legal, credit and sales teams to ensure optimal pricing and terms.
- Provide support and guidance to the marketing sales and operations teams on trade finance operations.
Qualifications
- Post-graduate degree in Finance, Accounting, Economics, Business Administration, or a related field.
Experience:
- 5+ years of experience in treasury, finance, or a related role, preferably within a corporate environment.
Knowledge and Skills:
- Familiarity with treasury management systems, cash forecasting techniques, and understanding of financial instruments (e.g., FX, money market investments).
- Understanding of commodity trading environment and the application of trade finance tools.
Additional Information
Who We Are
We are committed to operational excellence, leveraging our strengths in mining, processing, and marketing a competitive portfolio of assets. Safety is at the core of our values, shaping our behaviors and ensuring the long-term sustainability of our business. This new chapter allows us to build on our solid foundation by enhancing operational capabilities, increasing accountability, and integrating sustainability into every aspect of our operations. As an independent entity, we are poised to lead in creating and protecting value for all stakeholders.
What We Offer
At Anglo American Platinum, we offer a competitive compensation and benefits package to all our employees. Beyond these, you'll enter a workplace brimming with opportunities for professional development. Whether through specialised technical training or our comprehensive leadership programs, we are committed to helping you realise your full potential and find opportunities for career advancement.
Inclusion and Diversity
Anglo American Platinum is an equal opportunities employer. We are committed to promoting an inclusive and diverse workplace where we value and respect every colleague for who they are and provide equality of opportunity so that everyone can fulfill their potential.
Anglo American Platinum has a zero tolerance to dignity harms, these include all acts of gender based violence, bullying, harassment and victimisation. Ensuring the safety of our employees extends beyond physical safety and includes the eradication of harmful behaviours from our workplace. This responsibility extends to everyone at Anglo American Platinum both during work hours and outside of work. We are unconditional in creating a respectful, inclusive, and safe working environment to ensure that no colleague will be violated or harassed under our watch.
How To Apply
To apply for this role, please complete our online application form. You will have the opportunity to apply through your career profile and upload your CV and other relevant documentation as part of this process.
Closing Date: 14 April 2025
