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Job Description
- Facilitate & develop financial payments methods to ibnsina’s clients through banks to increase sales opportunities.
- Forecast monthly cheques to be discounted without recourse to increase company cash & sales opportunities and shift credit risks to the bank
- Ensure availability of discounting credit facilities at banks as per cash flow plan to cover company financial needs.
- Ensure company gets the best operations conditions and interest’s rates from Banks to minimize company costs.
- Analyze all transactions in our bank accounts related to discounting checks to ensure all terms are applied.
- Select clients to be discounted based on department Polices and sent list to sales department to communicate them.
- Ensure daily operations with sales department and Banks are done as per company polices.
- Ensure the banking fees Interest & Charges are according to bank agreements to save company rights.
- Set standard limits for collections & payments polices based on cost of funding to decrease costs
- Analysis collection & payments numbers comparing to plan in order to take actions towards any deviations
- Review clients and suppliers deals, conditions matching with preset standards
- Collect & recommend best credit insurance offers based on pricing & condition to minimize company costs.
- Ensure credit insurance process is executed as per agreement and company policy.
- Handle with sales team credit insurance requests & operations to shift credit risk from company and increase sales opportunities
Job Requirements
- Bachelor degree of accounting is a must.
- 4-6 years' experience in treasury.
- One year in similar industry is more preferable.
- Solid understanding of Finance and Treasury Concepts.
- Knowledge of banking systems and processes.
- Strong analytical and numerical abilities.
- Good Communication, Organized and Follow up skills.
- Knowledge of banking systems and processes.
- Very Good command of MS Office.
- Good command of English language.