Treasury and Taxation Manager

Job Title: Treasury and Taxation Manager

Sector: Finance

Division: Corporate Finance

Department: Treasury and Taxation

Reporting to: Corporate Finance Director

Direct Reports:

• Tax Professionals
• Treasury Professionals

Job Purpose

Manage tax provision and cash management operations, ensuring accuracy, compliance with legislation, and timely financial reporting in line with corporate policies.

Key Roles and Responsibilities

1. Leadership and Strategic Accountabilities

• Contribute to the development of the Corporate Finance Division's plans and establish the operational plan for the Treasury and Taxation function.
• Develop key performance indicators for Treasury and Taxation and monitor performance against targets.
• Implement frameworks, methodologies, and principles for Treasury and Taxation operations.
• Ensure the operational plan is clearly communicated and understood at all levels.
• Optimize resource allocation, enhance team efficiency, and recommend continuous improvements.
• Establish budget requirements aligned with functional needs and strategic objectives.
• Develop systematic procedures to enhance the consistency and quality of operations.
• Make operational decisions and escalate major issues to senior management when required.

2. Key Functional Accountabilities

• Enhance and improve cash management processes to ensure all financial obligations are met in accordance with corporate policies.
• Manage cash operations and banking relationships to maintain adequate liquidity and cash flow.
• Ensure effective utilization of budget resources and report variances proactively.
• Verify that payment letters, invoices, and payment orders comply with company policies and guidelines.
• Allocate and reconcile petty cash in line with approved budgets and compliance requirements.
• Forecast, monitor, and track cash flow in alignment with regulatory standards.
• Stay informed on tax law changes and communicate relevant updates internally.
• Approve tax provision schedules and ensure accurate and timely tax computations and filings.
• Prepare and submit internal and external reports in compliance with regulatory and reporting requirements.
• Maintain strong relationships with external stakeholders including banks, government entities, and tax consultants.
• Approve departmental reports and presentations for decision-making and performance tracking.

Key Communications

Internal Stakeholders

• All Departments

External Stakeholders

• Suppliers
• Banks
• Local Authorities

Job Qualifications and Requirements

Knowledge and Experience

• Minimum of 8 years of relevant experience.

Education and Certifications

• Bachelor's degree in Finance, Business Administration, or a related field.

Version Tracking

1.0

Disclaimer

This job description outlines the general scope and nature of work performed. It is not an exhaustive list of duties, responsibilities, or skills required. Employees may be assigned additional tasks and jobrelated responsibilities as needed.