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Job Description
- Responsible for group treasury operational activities which include cash position reconciliation and forecasting, and executing fund transfers.
- Formulate and execute working capital improvement initiatives.
- Relationship management with financial institutions and other stakeholders
- Coordinate with business units on funding plan and execute accordingly (inter company loan, capital injection, external funding by banks) including documentation review and company secretarial requirements.
- Plan and streamline treasury process and procedure
- Support corporate finance and business finance colleagues with financial market and regulatory information.
- Maintaining liquidity ability to meet current and future obligations in a timely and cost effective manner.
- Managing and controlling risk by applying hedging tools against the foreign exchange, interest rate risks and other financial risks.
- Monitoring daily funds management for collecting, concentrating and disbursing cycles.
- Banking relationships and Communications to get results that have a clear positive impact on business performance and profitability.
- Maintaining shareholders relations regarding setting and determine dividends procedures and payments.
- Cash flow forecasting for short and medium terms.
- Provide Finance Director with a weekly report highlighting the economic situation in the country and its impact on foreign currency rate and company’s profitability and balance sheet.
- Review the required bank accounts and recommend what should be added or removed in light of the company needs.
- Ensure abiding by all accounting and treasury policies and guidelines without deviation.
Assist the Managing Director of Finance in the development of treasury strategies and plans - Optimize cash resources through short term investments (time deposits, treasury bills, inter company loans).
- Oversee day-to-day treasury aspects of cash management in anticipation of company’s cash needs
- Develop and manage bank relationships including ongoing compliance obligations required
Job Requirements
- Degree in Accountancy, Finance, Economics, Business Administration from a recognized University.
- Positive, self-motivated, good analytical skills and communication skills
- Excellent Analytical skills
- 7+ years relevant experience in Treasury and Banking, preferably on a group level for companies and headquarter for banks.
- Solid experience in cash management and foreign exchange
- Proficient in accounting for derivatives and hedging preferred
- Strong relationship building capabilities, both internally and externally in particular with banks, rating agencies and capital market participants.
- Prior experience in Treasury Management System, banking documentation and Good communication skills.
- Capability of working independently and under pressure
- Proficiency in written and spoken English
