Treasury Manager
10th of Ramadan City, Cairo
Treasury Manager
10th of Ramadan City, CairoPosted 1 month ago123Applicants for1 open position
- 96Viewed
- 3In Consideration
- 90Not Selected
Job Details
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Job Description
- Develop and execute comprehensive treasury strategies to optimize cash flow, liquidity, and working capital.
- Monitor macroeconomic and market trends to anticipate risks and proactively adjust strategies.
- Assess and manage financial risks (interest rate, FX, credit risk) using hedging and mitigation techniques.
- Provide strategic insights to senior management on treasury impacts and financial decisions.
- Monitor daily cash positions and ensure sufficient liquidity for operational and capital needs.
- Prepare accurate short- and long-term cash flow forecasts aligned with business cycles.
- Implement cash pooling/concentration and optimize internal fund transfers to reduce financing costs.
- Manage surplus cash investments to ensure optimal returns while maintaining safety and liquidity.
- Establish and maintain strong, competitive banking relationships to support growth and cost efficiency.
- Negotiate and manage credit facilities, loans, letters of credit, and bank guarantees.
- Maintain up-to-date reports on borrowings, bank facilities, and ensure timely drawdowns/payoffs.
- Evaluate and select banking partners based on performance, services, and pricing.
- Oversee day-to-day treasury transactions including payments, FX dealings, and bank reconciliations.
- Ensure timely execution of all payments and compliance with internal controls and policies.
- Supervise issuance and renewal of LCs and LGs, reviewing terms to protect company interests.
- Maintain accuracy and up-to-date records in the Treasury Management System (TMS) / ERP.
- Lead and review recurring daily, weekly, and monthly reports:
- Daily Cash Position
- Cash Flow Projections and HQ Cash Flow Analysis
- Interest and Accrual Calculations
- Variance Analysis (Financial Expenses: Actual vs. Forecast vs. Last Year)
- Support IFRS reporting, audits (internal and external), and tax inspection assignments.
- Ensure transparency and accuracy in treasury-related reporting and reconciliations.
Job Requirements
Education:
- Bachelor's degree in Finance, Accounting, or Economics.
Experience:
- At least 10 years in a senior managerial role, leading treasury functions within manufacturing industries, preferably garment/textile, with additional exposure to FMCG or pharmaceutical sectors considered a plus.
- Proven track record in managing liquidity, bank facilities, and treasury operations in export-focused businesses.
- Experience with multi-currency operations, LCs, LGs, and hedging tools.
Skills:
- Strong leadership, communication, and negotiation skills.
- High proficiency in analyzing complex financial data and presenting actionable insights.
- Sound knowledge of international banking practices and regulatory frameworks.
- Ability to thrive in a fast-paced, cross-functional, and multi-cultural environment.
