Treasury Specialist

EMAK Contracting is currently hiring a Treasury Specialist, who will primarily focus on managing relationships with banks, negotiate and contract banking facilities, and ensure efficient cash flow management. The Treasury Specialist plays a crucial role in optimizing the company's financial operations, mitigating risks, and supporting overall financial stability.

Responsibilities:

• Manage relationships with banks, negotiate and contract banking facilities, and ensure efficient cash flow management.
• Serve as the primary point of contact for all banking-related matters.
• Collaborate with banks to understand their products, services, and terms.
• Identify the company's banking needs and evaluate available banking facilities.
• Develop and maintain strong relationships with banks and financial institutions.
• Negotiate terms and conditions with banks for facilities such as working capital lines, trade finance, letters of credit, bank guarantees, and other financing arrangements.
• Prepare and review contracts and agreements with banks, ensuring compliance with legal and internal requirements.
• Implement risk mitigation strategies, such as hedging mechanisms or financial instruments, to minimize exposure to currency, interest rate, and liquidity risks.
• Stay updated on regulatory changes and industry trends affecting banking relationships and treasury operations.
• Prepare periodic reports on treasury activities, including cash position, bank reconciliations, and debt-related information.
• Analyze financial data and provide insights to support decision-making processes.
• Ensure accurate and timely recording of treasury transactions in the company's financial systems.
• Ensure compliance with internal policies, banking regulations, and contractual obligations.
• Assist in internal and external audits related to treasury operations.