Principal Specialist: Group Treasury

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.

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 counter party 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, counter party, 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…