Executive Head of Treasury and Funding

Key accountabilities and decision ownership:

1. Liquidity & Cash Flow Strategy

• Define and execute short-, medium-, and long-term liquidity strategy across Vodacom and Vodacash.
• Ensure adequate funding for operational, capital expenditure, and working capital requirements.
• Optimise liquidity ratios and cash positioning to maintain regulatory and internal policy compliance.
• Oversee cash forecasting, stress testing, and liquidity contingency planning.
• Own decisions relating to liquidity buffers and funding allocation.

2. Strategic Funding & Debt Management

• Structure and negotiate overdraft facilities, term loans, revolving credit facilities, and intercompany funding.
• Optimise cost of funding and manage interest rate exposure.
• Lead banking negotiations to secure improved pricing and terms.
• Ensure funding structures comply with local regulations and group treasury policies.

3. Financial Risk Management (FX, Interest Rate & Counterparty Risk)

• Manage foreign exchange exposure in line with local market limitations and central bank regulations
• Monitor and mitigate counterparty bank risk across all financial institutions.
• Implement hedging, natural offset strategies, and balance sheet risk mitigation.
• Manage local guarantees, insurance structures, and financial risk assessments.
• Provide executive reporting on financial risk exposure and mitigation plans.

4. M-Pesa Trust & Regulatory Treasury Oversight

• Oversee Trust governance, reconciliation controls, and regulatory reporting to the Central Bank (BCC).
• Ensure full compliance with local banking.
• Strengthen internal controls to prevent fraud, leakage, or regulatory breaches
• Own trust interest optimisation and partner bank allocation strategy.