Treasury and Float Manager

Job Description

Commercial Intelligence — Enterprise Division

Reports to: Senior Manager: Content Procurement

Direct reports: None

Division: Commercial Intelligence — Enterprise Division

Status: Vacant

ROLE PURPOSE

The Treasury and Float Manager is responsible for managing the organisation's float and working capital position as it relates to the procurement of prepaid content. In a high-volume prepaid content environment, float management is critical: the organisation must maintain sufficient liquidity to fund content purchases across multiple suppliers and categories — including airtime, data, electricity, bill payments, and vouchers — while ensuring that capital is not unnecessarily tied up in idle stock. This role bridges procurement operations and treasury management, providing financial oversight of all procurement-related cash flows and acts as the second-in-charge of the Content Procurement function.

KEY RESPONSIBILITIES

• Manage the day-to-day float position across all content procurement accounts, ensuring sufficient liquidity to meet purchase obligations without over-capitalising.
• Forecast short- and medium-term float requirements based on stock replenishment schedules, supplier payment terms, and transactional volumes.
• Process and authorise procurement-related payments in line with supplier payment terms and internal approval frameworks.
• Reconcile float accounts daily, identifying and resolving discrepancies in collaboration with finance and supplier teams.
• Monitor the cost of carrying float and provide recommendations to the Procurement Manager on optimising working capital efficiency.
• Liaise with the finance team to ensure procurement cash flows are accurately reflected in financial reporting and cash flow forecasts.
• Work with Stock Controllers to align stock replenishment timing with available float to avoid over-exposure.
• Maintain float management records and produce regular treasury position reports for the Head of Commercial Intelligence.
• Identify and escalate float risk events, including supplier payment failures or unexpected demand spikes.
• Support the development of treasury management policies and controls specific to the content procurement function.

MINIMUM REQUIREMENTS

• Bachelor's degree in Finance, Accounting, or a related field. A professional accounting qualification CA(SA), CIMA, or similar) is advantageous.
• Minimum 4 years' experience in a treasury, cash management, or financial operations role.
• Experience in a high-volume transactional or prepaid environment is strongly preferred.
• Strong understanding of working capital management, float dynamics, and supplier payment terms.
• Proficiency in financial systems and advanced Microsoft Excel.
• High level of integrity and ability to manage sensitive financial information.

CORE COMPETENCIES

• Treasury and cash flow management
• Float optimisation and working capital efficiency
• Financial reconciliation and controls
• Risk identification and escalation
• Supplier payment management
• Cross-functional finance and procurement collaboration