Assistant Vice President, Treasury Operations

Main Purpose:To perform designated responsibilities on a day-to-day basis as laid down in this document and supporting in managing the team and routine operations besides assisting in other initiatives for Africa & AsiaKnowledge Skills and Abilities, Key Responsibilities:

About Puma:
Puma Energy is a global integrated midstream and downstream oil company active in close to 40 countries. Formed in 1997 in Central America, Puma Energy has since expanded its activities worldwide, achieving rapid growth, diversification and product line development. The company directly manages over 3,500 employees. Headquartered in Geneva, Switzerland, it has regional hubs in Johannesburg (South Africa), Panama, Brisbane (Australia), Tallinn (Estonia) and has a Global Delivery Centre in Mumbai (India).

Puma Energy’s core activities in the midstream sector include the supply, storage and transportation of petroleum products. Puma Energy’s downstream activities include the distribution, retail sales and wholesale of a wide range of refined products, with additional product offerings in the lubricants, bitumen, LPG and marine bunkering sectors. Puma Energy’s activities are underpinned by investment in infrastructure, which optimizes supply chain systems, capturing value as both asset owner and marketer of product. Puma Energy currently has a global network of over 3,000 retail service stations. Puma Energy also provides a robust platform for independent entrepreneurs to develop their businesses, by providing a viable alternative to traditional market supply sources.
Puma Processing Services LLP (PEPS) established in Year 2018, represents Puma Energy’s first captive off-shoring unit based in Mumbai, India. PEPS manages mid office and back office activities for Puma Businesses across verticals like Retail, B2B, Aviation, and enabling functions like IT & corporate. This offshore unit serves countries part of Africa Continent, Middle East and Asia Pacific and further extends support to group in Geneva for its core activities. PEPS currently supports Puma group through departments like: Finance, Business Support Management (BSM), HRSS and IT.

ROLES & RESPONSIBILITIES:

• Consolidation of local & regional cash flow forecasts for Group Treasury
• Cash & debt reporting (consolidated cash & debt balance per account/entity/country/region
• Perform deviation analysis for cash flow forecasts and help Group Treasury understand the drivers behind variances
• Interco loan - support intercompany maintenance process and ensure updated documentation of all IC loan agreements with Cosec
• FX exposure management – ensure the exposure is accurately identified, reported & hedged basis Group Treasury policy.
• Support implementation of cash pooling for Africa
• Assist in RFP implementation across the region
• Support Group Treasury on various initiatives & analysis
• Team management and Leadership
• Develop team into best in class treasury organisation using Kyriba system and best in class banking processes
• Manage team of approx 15 members including 2 Managers
• Develop managers and team members and identify training measures
• Manage change process (TMS implementation) within Treasury and other stakeholders impacted
   

FX Risk management

• Understand, identify and manage FX risk proactively
• Propose changes in underlying structure (Invoicing currencies, contracts etc)
• Cash + Liquidity Preparation
• Manage liquidity
• Optimise Interest expense/earnings
• Manage all inter-company flows
• Manage bank fees

Cash Forecasting

• Prepare daily cash flow forecast and raise any WC needs or concerns
• Highlight WC needs and propose solutions

Adhoc

• Kyriba Implementation
• Assisting in country audit & other regulatory requirements
   

Knowledge, Skills and Abilities

• Degree Educated or equivalent (CA or MBA)
• Corporate Treasury Experience preferably in Middle & Back office
• Ability to manage change and act as project manager
• Strong Treasury Management System experience
• Possess strong numerical and analytical skills
• Good verbal and written communication skills with the ability to articulate complex information
• Microsoft Office proficient
• Team/People management (should have managed at least a team of 10-15 members)
• Have an eye for detail
• Pro-active and possess a flair for process transformation

Key Relationships and Department Overview:

Key Relationships

• Global Head of Treasury & Regional Head of Treasury for Africa
• Accounting, Supply, Commercial, Compliance and Tax
• Banks – operational relationship management
• Local & Regional finance teams