Role Purpose/Business Unit:
We are looking for an experienced and forward-thinking Principal Specialist - Group Treasury to work on:
leading the treasury operations aspects relating to risk, compliance, reporting and monitoring processes within the Group Treasury department; and
the execution of proposed funding transactions that support the strategic and operational objectives of the Vodacom Group and its subsidiaries.
This high-impact role plays a critical part in optimising liquidity, shaping capital structure, and leading treasury transformation initiatives within a dynamic, multinational environment.
This role also plays a pivotal part in safeguarding financial integrity by embedding risk management and compliance practices across all treasury activities and implementing and optimising Treasury Management System capabilities to support automation, accuracy, and control.
Your responsibilities will include:
Funding and Strategy Execution:
Support the development of structures and processes for the seamless and automated implementation of funding transactions across Group companies, aligned to business needs and capital structure targets
Support refinancing initiatives, ensuring optimal implementation of proposed pricing, tenor, and covenants
Manage relationships with banks, financial institutions, and investors to on the processing and implementation of proposed funding instruments (e.g. term loans, syndicated facilities)
Support the execution of Group-wide debt programmes including documentation, drawdowns, and compliance with conditions precedent
Cash & Liquidity Management:
Maintain and monitor the Group's consolidated cash forecast, identifying risks and opportunities across markets
Support the execution of liquidity optimisation strategies, including intercompany lending, pooling arrangements, and local funding alternatives
Support the establishment and oversight of Group liquidity buffers and contingency funding plans
Financial Risk Management:
Assist in the identification and mitigation of financial risks, including interest rate, currency, and counterparty risks
Monitor financial market trends and provide input into funding and risk strategy adjustments
Risk and Compliance Management:
Oversee the implementation and ongoing compliance with the Group Treasury Policy, Delegation of Authority, and related governance frameworks across all markets.
Support the design, implementation, and monitoring of Treasury Risk Appetite Statements and financial risk limits (e.g., liquidity, FX, counterparty, and interest rate exposures).
Partner with Internal Audit, Risk, and Compliance teams to test and strengthen treasury controls, segregation of duties, and assurance frameworks.
Maintain an active compliance register for treasury-related processes and identify potential control gaps or emerging regulatory risks.
Prepare and present risk and compliance reports to the Group Treasurer for presentation to the Group CFO, Audit & Risk Committee, and other governance bodies.
Treasury Operations & Controls:
Ensure the accuracy and completeness of treasury data inputs for management reporting, cash flow analysis, and board submissions
Partner with Finance, Legal, and Tax to review and negotiate treasury-related legal agreements (e.g. facility agreements, ISDAs)
Maintain compliance with internal treasury policies and external regulatory requirements
Strategic Projects & Treasury Innovation:
Lead or support strategic treasury initiatives such as TMS enhancements, cash repatriation frameworks, or ESG financing structures
Conduct benchmarking and research to propose improvements in treasury operations and structure
Drive automation, digitisation, and process efficiencies across the treasury function
Treasury Systems and Data Management:
Support the ongoing management, enhancement, and optimisation of the Treasury Management System (TMS), ensuring data accuracy, control integration, and alignment with Group reporting requirements.
Serve as the support to the business owner for TMS functionality, defining requirements, coordinating upgrades, testing new modules, and maintaining user access controls.
Collaborate with Group IT and system vendors to ensure system reliability, security, and compliance with Group data policies.
Drive automation and digital transformation initiatives to reduce manual interventions and enhance efficiency and transparency in cash, funding, and risk reporting.
Develop and maintain system documentation, SOPs, and training materials to strengthen user competency across OpCos.
Stakeholder Engagement & Communication:
Collaborate cross-functionally with Group Finance, local market CFOs, Tax, Legal, and external advisors to deliver assigned funding and treasury outcomes
Prepare high-quality reports, board notes, and presentations for senior stakeholders and committees
Serve as a support partner on funding and liquidity matters, translating technical insights into strategic recommendations.
Treasury Accounting:
Oversee payments processing for interest and treasury related expenses
Review journals for the posting of treasury related transactions
Review loan schedules
Circulation of rates for month end reporting
Preparation of monthly/quarterly and annual reports for Group Finance
Preparation of cash visibility reporting
The ideal candidate for this role will have:
A completed university degree in Finance, Accounting, Economics, or a related field
Demonstrated continuous professional development in treasury, financial markets, or corporate finance
Knowledge and Experience:
At least 5 years of progressive experience in corporate treasury, investment banking, finance or related within a large, multinational corporation or financial institution
Strong technical expertise in funding instruments, including term loans, revolving credit facilities, syndicated lending
Robust understanding of financial markets and instruments, including foreign exchange, interest rates, and liquidity management tools
Proven experience in cash flow forecasting, liquidity optimisation, and funding execution
Advanced proficiency in financial modelling, scenario analysis, and business case development using Excel
Skilled in preparing and delivering high-impact presentations and reports for senior stakeholders
Experience working with Treasury Management Systems (TMS); exposure to IT2 and CashAnalytics is advantageous
Familiarity with treasury governance frameworks, policy implementation, and financial control environments
Previous exposure to legal and regulatory requirements related to treasury operations and cross-border funding structures
Strong understanding of enterprise risk management, treasury risk identification, and control frameworks.
Proven track record in ensuring compliance with treasury governance, regulatory, and audit requirements.
Hands-on experience managing and optimising Treasury Management Systems (TMS), including data validation, system controls, and user governance.
Familiarity with automation tools, reporting dashboards, and system integration with ERP or banking platforms.
Competencies and Attributes:
Strategic and analytical thinker with the ability to connect treasury insights to business drivers
Strong commercial acumen and decision-making capability in high-pressure environments
Excellent verbal and written communication skills, with the ability to influence across functions and geographies
Collaborative team player with a proactive and solutions-oriented mindset
High attention to detail, with a commitment to accuracy, governance, and compliance
Demonstrated ability to manage complex projects, engage with diverse stakeholders, and drive innovation
Technologically adept with the ability to leverage treasury systems and data analytics for decision-making.
We make an impact by offering:
Enticing incentive programs and competitive benefit packages
Retirement funds, risk benefits, and medical aid benefits
Cell phone and data benefits, advantages fibre connection discounts, and exclusive staff discounts offered in collaboration with partner companies
Closing date for Applications: 20 January 2026.