Treasury Supervisor

Treasury supervisor executes the development and implementation of treasury functions, responsible for trade finance, cash management and have full view on bank commissions and interests. The candidate must have strong bank relations, good communication skills, oral and written, with the ability to lead a team of Treasury professionals. Candidate must be analytical and possess strong interpersonal and leadership skills. 

Responsibilities:

• Manage the day to day transactions that include assurance of proper documentations flow and proper accounting treatments are in place.
• Assistance with money, quarterly and annual reports of the company.
• Act as a point of reference within the treasury team in terms of best practice and current developments in the cash and liquidity management, operations, and controls.
• Develop treasury procedures and controls with the company policies.
• Reconcile bank balances with the statements of accounts received from banks.
• Update, daily, weekly, and monthly cash flow statements.
• Maintain listing of accounts payable and post the dated cheques.
• Prepare cash position report on daily basis.
• Monitor the loan reconciliation with banks.
• Prepare all requirements in cash of loans and bank facilities that insure the company rights.
• Assist the Financial Manager in cash management of the group and prepare accurate cash flow forecasts.
• Prepare weekly and monthly treasury report including monthly cash and overdrafts position.
• Prepare and issue letter of guarantee (L/Gs) and letter of credit (LC) and trade finance Aval (IDC).
• Prepare all bank wire transfers to local and foreign suppliers.
• Review all commissions and charges for LGs, LCs, cheques, and transfers deducted.
• Verify the validity of interest expense calculation debited to the company bank accounts as per the monthly bank statement.
• Identify and rectify all types of discrepancies, export / local LC documentation, and compliant to the credit terms.