Treasury and Credit Manager (Multinational)

Our Client :

One of the largest "Multinational" Manufacturers in field of ingredients

Main Job Duties:

• Prepare the annual cash flow budget.
• Prepare the monthly rolling cash flow by different currencies.
• Ensure that cash management, bank operations, credit facilities are implemented in accordance with the group guidelines.
• Ensure that day to day bank operations are running smoothly.
• Review and ensure that all bank reconciliations are performed bi-monthly.
• Ensure that free cash flow targets are achieved during the year.
• Follow up with technical team a rolling 3 months CAPEX payment plan.
• Verification, reviewing the expiration & renewals of securities.
• Responsible for the preparation and submission of weekly/monthly aging reports to all sales channels.
• Active monitoring of potential bad debts & timely buildup of reserves as well as adequacy of reserves
• Follow up with sales the collection of the overdue receivables.
• Perform timely investigations and release of system blocked orders within agreed timings with sales
• Final review of manually released orders that its done within appropriate authority & in accordance with company Guidelines.
• Monitor the customers’ monthly rebates and commissions accruals vs actual spending.