Treasury Officer (Readvertised) - 1 Position

Job PurposeThe successful candidate will be responsible for managing the foreign exchange exposure, liquidity, interest rate and applicable compliance risks associated with all treasury aspects for the Financial Controller.

The Treasury Officer must design and utilize tools to anticipate, communicate and mitigate these risks in a timely mannerSpecific Duties and ResponsibilitiesContinuously assess the most efficient cash management strategies and advise the Financial Controller and Group Treasury of any required/appropriate changesImplement and maintain efficient cash management procedures to minimize financing costs by ensuring cash, held in low interest-bearing accounts, is applied against borrowingsObtain approval from Group Treasury for the opening and closing of bank accounts.

Ensure bank accounts remain relevant and fit for purpose to reduce complexity and ensure that any dormant accounts are closed immediatelyEnsure bank charges are negotiated and reviewed regularlyMonitor, assess and manage the liquidity risk of the operations by developing and using efficient cash forecasting tools, understanding the economic environment and ensuring adequate headroom is available on short term facilitiesTimely communicate pending liquidity risks and implement mitigations to the Financial ControllerNegotiate facilities with banks in conjunction with Group Treasury and Group Legal obtaining final approval before executionOn a continuous basis review and negotiate interest rates with banking counterparties to optimize finance costsMonitor banking covenants providing early warning and mitigation for potential breaches to the Financial Controller and Group TreasuryEnsure timely repayment of loan capital and interest in accordance with agreementsEnsure the cash, debt and interest forecasting tools are efficient and aligned with the official submitted forecastsUnderstand variances related to net debt, finance costs and exchange gains and losses.

Report on reasons for variances to Group under the reporting requirementsCarry out all reports relating to Treasury as required by the Group and the operationAssess foreign currency risk through the development and/or use of risk management tools and raise early warning flags for the Financial Controller to ensure that these risks are effectively managedEnsure the hedging strategy per the group policy is relevant to the operations and adhered Manage controls around hedge execution and recording of accounting transactionsEnsure the foreign exposures of the operation are adequately hedged according to the hedging strategy and group treasury policyReview and manage the updates to signatories for bank accounts and dealing mandates ensuring these are always relevant and up to dateFacilitate the addition and removal of users on the business online platform in liaison with BankReview and/or prepare the monthly group entity treasury report for submission to Group TreasuryEnsure all treasury processes are documentedMaintain an inventory of all finance agreements (including significant clauses and covenants), security given, guarantees and letters of comfortPrepare any necessary treasury related documentation for board approvalJob Qualification and ExperienceBachelor’s degree in accounting, Business Administration or equivalentNot less than 2 years relevant working experienceGood business analysis skills to generate business insight, add measurable valueExceptional accounting and reporting skillsGoal-orientated and committed to delivering quality outputsGood self-management practices and able to work well in a teamAbility to work with people at various levels of the businessAbility to prioritize, manage complexity and deal with multiple stakeholdersAbility to manage across multiple entities to meet deadlinesTerms of Service:

The successful candidate will be engaged on a Permanent Contract. All interested candidates, who meet the above requirements, please apply for the position on or before 05th September 2025. Only shortlisted candidates will be contacted. Kilombero Sugar Company Limited is an equal opportunity employer. Women and people with disability are highly encouraged to apply.