Head of Treasury

Overview

The Head of Treasury is responsible for the strategic leadership and oversight of Omnia Group’s treasury function, ensuring effective liquidity management, funding, financial risk management, and regulatory compliance in South Africa.

The role ensures optimal utilisation of group cash resources, supports business growth through efficient funding structures, and maintains strong governance over foreign exchange, banking, and capital management activities. This includes management of Group Treasury policies, centralised liquidity oversight, and alignment with the Group’s cash management principles.

Qualifications

• Bachelor’s degree in finance, accounting or a related field
• CA(SA) / CFA / equivalent financial qualification
• Certification in Treasury Professional

Experience

• 10+ years’ experience in Treasury, banking or financial management
• Proven experience in:

Multinational treasury operations

FX risk management and hedging

Debt structuring and banking relationships

• Experience operating in regulated environments (e.g. exchange control)

Duties

Liquidity & Cash Management

• Oversee cash flow forecasting and liquidity planning for the South African operations
• Implement and maintain centralised liquidity oversight, with controlled decentralised execution
• Manage investment of surplus cash and short-term funding requirements

Funding & Capital Management

• Structure and manage group debt facilities
• Optimise cost of funding and ensure sufficient headroom for growth and capital projects
• Support M&A, capital investment, and strategic funding initiatives

Financial Risk Management

• Develop and oversee foreign exchange risk management strategy (transactional and economic exposures)
• Ensure effective implementation of hedging policies and frameworks
• Monitor risk exposures and implement appropriate mitigation strategies
• Enhance governance over large or discretionary FX positions

Banking & Financial Relationships

• Negotiate banking facilities, pricing, and service structures
• Oversee trade finance instruments (Supply Chain Finance, LCs, guarantees, structured solutions)

Governance, Compliance & Controls

• Establish and maintain Treasury policies (cash management, FX, funding, banking)
• Ensure compliance with:
• SARB exchange control regulations
• FICA / KYC requirements
• Internal control frameworks
• Ensure robust audit readiness and regulatory reporting processes

Systems & Reporting

• Oversee treasury systems (e.g., IT2) and drive enhanced utilisation and integration
• Improve automation and reduce reliance on manual/Excel-based processes
• Ensure accurate, timely, and consolidated reporting on:

o Cash

o Debt

o FX exposures

• Provide reporting to EXCO, Audit Committee, and Boa

Stakeholder Management

• Partner with:

o Segment Finance Directors

o Tax team

o Country Finance teams

o Executive leadership

• Provide treasury advisory support to business units
• Manage relationships with auditors, regulators, and external advisors

Team Leadership

• Lead and develop the Treasury team (accountants, dealers, operations)
• Promote a high-performance, control-focused and service-oriented culture
• Ensure appropriate segregation of duties and governance within Treasury

Job Competencies

• Treasury strategy and policy recommendations
• Execution of FX hedging and funding transactions (within approved mandates)
• Banking relationships and facility structuring
• Liquidity deployment and capital allocation inputs

General