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
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Manage the day-to-day float position across all content procurement accounts, ensuring sufficient liquidity to meet purchase obligations without over-capitalising.
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Forecast short- and medium-term float requirements based on stock replenishment schedules, supplier payment terms, and transactional volumes.
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Process and authorise procurement-related payments in line with supplier payment terms and internal approval frameworks.
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Reconcile float accounts daily, identifying and resolving discrepancies in collaboration with finance and supplier teams.
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Monitor the cost of carrying float and provide recommendations to the Procurement Manager on optimising working capital efficiency.
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Liaise with the finance team to ensure procurement cash flows are accurately reflected in financial reporting and cash flow forecasts.
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Work with Stock Controllers to align stock replenishment timing with available float to avoid over-exposure.
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Maintain float management records and produce regular treasury position reports for the Head of Commercial Intelligence.
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Identify and escalate float risk events, including supplier payment failures or unexpected demand spikes.
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Support the development of treasury management policies and controls specific to the content procurement function.
MINIMUM REQUIREMENTS
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Bachelor's degree in Finance, Accounting, or a related field. A professional accounting qualification (CA(SA), CIMA, or similar) is advantageous.
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Minimum 4 years' experience in a treasury, cash management, or financial operations role.
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Experience in a high-volume transactional or prepaid environment is strongly preferred.
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Strong understanding of working capital management, float dynamics, and supplier payment terms.
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Proficiency in financial systems and advanced Microsoft Excel.
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High level of integrity and ability to manage sensitive financial information.
CORE COMPETENCIES
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Treasury and cash flow management
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Float optimisation and working capital efficiency
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Financial reconciliation and controls
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Risk identification and escalation
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Supplier payment management
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Cross-functional finance and procurement collaboration
