The Group Treasury Manager will support in defining and executing the Group's treasury strategy, aligned with overall financial objectives. The role will serve as the central authority on global cash, liquidity, funding structures, and financial risk management, with a specific focus on international operations and cross-border treasury activities.
ResponsibilitiesTreasury Risk Management
- Lead and Oversee the Group's foreign exchange (FX) risk management framework.
- Develop and implement hedging strategies across multiple currencies.
- Monitor global market developments and assess their impact on treasury risks.
- Ensure compliance with hedge accounting requirements and treasury risk policies.
Liquidity & Investment Management
- Manage global cash positioning and liquidity across domestic and international entities.
- Oversee multi-currency liquidity structures, cash pooling, and intercompany funding mechanisms.
- Optimise working capital, cash utilisation, and capital allocation opportunities.
- Evaluate and approve funding support initiatives, including ESD supplier loans and associate share schemes.
Funding & Capital Structure
- Develop and manage local and international funding strategies.
- Evaluate capital structures and funding requirements across jurisdictions.
- Manage relationships with banks, lenders, and financial institutions.
- Monitor covenant compliance and funding obligations.
Governance & Compliance
- Develop and maintain treasury policies, controls, and governance frameworks.
- Ensure compliance with treasury-related regulations, exchange control requirements, and transfer pricing considerations.
- Partner with Legal, Tax, and Compliance teams on cross-border transactions.
- Drive Treasury Management System (TMS) optimisation and enhancements.
Working Capital & Cash Flow Management
- Manage liquidity to meet operational, investment, and debt obligations.
- Provide oversight of cash management and supply chain finance programmes.
- Coordinate cash forecasting and repatriation activities.
- Deliver recommendations on liquidity requirements and bank facilities.
Stakeholder Engagement
- Partner with regional finance teams on treasury matters and strategic projects.
- Support mergers, acquisitions, and post-acquisition integrations.
- Build strong relationships with financial institutions, auditors, and key business stakeholders.
- Provide expert treasury advice across the Group.
Leadership & Reporting
- Lead and develop a high-performing treasury team.
- Deliver consolidated treasury reporting and actionable insights to senior leadership.
- Drive treasury performance through the monitoring of key performance indicators.
Registered CA(SA).
5 - 10 years' relevant treasury, corporate finance, or financial management experience.
Proven experience managing liquidity, funding, financial risk, and treasury operations in a complex business environment.
Strong understanding of international treasury practices, banking structures, and financial markets.
Skills Required
- Registered CA(SA).
- 5 - 10 years relevant treasury, corporate finance, or financial management experience.
- Proven experience managing liquidity, funding, financial risk, and treasury operations in a complex business environment.
- Strong understanding of international treasury practices, banking structures, and financial markets.
What We Do
Mr Price Group Limited is an omni-channel, fashion value retailer. The Group retails Apparel, Homeware and Sportsware and is one of the fastest growing retailers in South Africa. Our History: 1885 - The first John Orrs store opens 1934 - The first Hub store opens 1952 - John Orrs is listed on the JSE 1967 - Acquisition of two Miladys stores 1986 - Laurie Chiappini and Stewart Cohen, together with BOE, acquire a major shareholding in John Orr Holdings 1987 - The first Mr Price store opens 1991 - Laurie Chiappini and Stewart Cohen acquire control of the Group from BOE 1993 - Launch of the Mr Price Group Share Partnership Initiative 1996 - Acquisition of Galaxy & Co. and Sheet Street 1997 - Alastair McArthur is appointed as CEO 1998 - Mr Price Home launched 2000 - Mr Price opens stores in Botswana and Namibia 2001 - Specialty Stores becomes MR Price Group 2005 - Over 100 million units are sold across the group 2006 - Sale of the Hub and Galaxy divisions 2007 - Launch of Mr Price Sport stores and Mr Price Franchising 2008 - Miladys wins the Orange Index award for excellence in customer service 2008 - Mr Price Apparel is voted the most loved and most frequented retail apparel brand for the first time 2008 - This year Mr Price Home is voted the most loved and most frequented homeware retailer 2011 - Retail sales exceed R10 billion and profit attributable to shareholders exceeds R1 billion for the first time 2011 - The group celebrates the 25th anniversary of change in control, recording a CAGR share of 25.3% and headline earnings per share of 23.5% over this period 2012 - First Corporate owned Mr Price store opens in Lagos, Nigeria 2013 - Mr Price launches its online store
