Treasury Manager

Flora- Pyramids Paper Mills S.A.E. - 6th Of October City, Giza

150
Applicants for
1 open position
62
Seen
15
Shortlisted
37
Rejected
Experience Needed:
More than 10 years
Career Level:
Manager
Job Type:
Full Time
Salary:
Negotiable
Languages:
English
Vacancies:
1 open position
About the Job

Job Summary:

  • Assessing, monitoring, planning, and managing corporate liquidity, investments, and financial risks related to the activities and objectives of the Company.

Duties:

Cash and Liquidity Management

  • Cash and liquidity management, forecasting cash flow positions, related working capital, borrowing needs and available funds for investment
  • Ensuring that sufficient funds are available to meet ongoing operational and capital investment requirements
  • Advising management on the liquidity aspects of its short- and long-range planning
  • Evaluating, developing and implementing cash management systems
  • Investing and monitoring funds in short-term and long-terms tools

 Funding

  • Building and maintaining local banking relationships
  • Forming and implementing corporate banking strategy,arranging for the Company’s debt financing
  • Managing bank debt, monitoring covenants, terms, conditions and contractual requirement
  • Conducting benchmark studies of banks and their services to evaluate whether they fit the Company’s requirements
  • Evaluating long-term borrowing sources and making recommendations in accordance with the capital structure guidelines
  • Providing guidance on special financing products (e.g. Lease models, Export Programs) and liaising with related financial service providers

 Risk Management

  • Undertaking risk management activities to protect Company’s financial well-being
  • Planning, using and monitoring hedging strategies as a means of mitigating financial risks related to the interest rates on the Company's borrowings, as well as to the Company’s foreign exchange positions
  • Maintaining a system of policies and procedures that impose an adequate level of control over treasury activities (working capital/ investment/ collection monitoring procedure)

Customer & Supplier Credit Management

  • Implementation and maintenance of a set of comprehensive Credit Risk/Limit Policies and Procedures
  • Establishing credit limits for customers and monitors new accounts based on current financial information, business history and current credit reports
  • Managing cash payments, monitoring DPO and anticipating challenges arising from target DPO
  • Monitoring collections, determining DSO, tracking overdue customers and advising on ways to mitigate collection overdue
  • Interacts with credit insurance company to ensure proper coverage and limit Company’s risk exposure

 Treasury Operations

  • Supporting management in conducting presentations to the Company’sBoard of Directors
  • Cooperating with internal and external auditors and following-up on audit recommendations
  • Providing advice to other departments on payment instruments (e.g. L/C) and collaterals
  • Any other tasks that are related to the main job responsibilities an maybe required by the direct manager
Job Requirements
  • Minimum 10+ years of progressively responsible treasury experience in a corporate or banking environment
  • Bachelor of Business Accounting or Finance. MBA / Treasury Professional Designation is a plus
  • Strong analytical, financial and systems skills
  • Strong communication skills, oral and written, with the ability to lead a team of Treasury professionals and cross-functional teams
  • Strong interpersonal and leadership skills
  • Strong attention to detail
  • High level of organizational and planning skills
  • Ability to prioritize deliverables and drive results
  • Ability to apply finance and treasury principles and policies to day-to-day responsibilities
  • Strong work ethic, willingness and ability to work effectively independently or as part of a team
  • Ability to multi-task, meet deadlines and adapt quickly to changes
  • An active listener and good communicator with an aptitude to interact with all levels of people
  • Good command of English and Arabic (written and oral)
About this Company

Flora - Pyramids Paper Mills S.A.E is a leading producer, converter, and exporter of tissue paper in North Africa, the Mediterranean, and many other countries in Europe.
We are the leaders of tissue manufacturing in the Egyptian market and we have been distinguished as... (More)

See all Careers and Jobs at Flora- Pyramids Paper Mills S.A.E.
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