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Job Description
- Oversee daily treasury operations, including cash flow management, investments, and banking relationships.
- Perform cash operation activities, including but not limited to outgoing transfers, inter-account transfers, Form 4, letters of guarantee (LGs), chequeens under collection, certified chequeens, online banking services, foreign exchange rates for international wires, and all banking correspondence.
- Ensure sufficient funds are available to meet operational and capital investment needs by managing liquidity through cash pooling arrangements and bank facilities.
- Optimize bank balances to minimize interest expenses.
- Establish and strengthen relationships with banks to facilitate daily business operations.
- Negotiate with banks to secure the best borrowing rates and facilities.
- Forecast cash flow positions, assess related borrowing needs, and determine funds available for investment.
- Advise management on liquidity aspects for both short-term and long-term planning.
- Prepare Daily Cash Position reports in all currencies, covering all types of cash inflows and outflows.
- Provide weekly and monthly reports and analyses of the company’s cash and liquidity positions.
- Conduct bank reconciliations and ensure the accurate recording and maintenance of all cash and bank transactions. Oversee daily treasury operations, including cash flow management, investments, and banking relationships.
- Perform cash operation activities, including but not limited to outgoing transfers, inter-account transfers, Form 4, letters of guarantee (LGs), chequeens under collection, certified chequeens, online banking services, foreign exchange rates for international wires, and all banking correspondence.
- Ensure sufficient funds are available to meet operational and capital investment needs by managing liquidity through cash pooling arrangements and bank facilities.
- Optimize bank balances to minimize interest expenses.
- Establish and strengthen relationships with banks to facilitate daily business operations.
- Negotiate with banks to secure the best borrowing rates and facilities.
- Forecast cash flow positions, assess related borrowing needs, and determine funds available for investment.
- Advise management on liquidity aspects for both short-term and long-term planning.
- Prepare Daily Cash Position reports in all currencies, covering all types of cash inflows and outflows.
- Provide weekly and monthly reports and analyses of the company’s cash and liquidity positions.
- Conduct bank reconciliations and ensure the accurate recording and maintenance of all cash and bank transactions.
Job Requirements
- BSc in Accounting, Finance.
- 10 years of professional experience in managing treasury function with minimum 5 years of professional experience in manufacturing entities at least.
- Must have proven track record in treasury accounting including FX, liquidity, cash flow and various financial instruments.
- Has a very good rapport with banking sector.
- Experience in managing financial risks, including interest rate risk, currency risk, and credit risk.
- Experience with hedging, foreign exchange, and derivatives is an advantage.
- Experience in a leadership or management position.
- Strong analytical skills, high attention to detail, and excellent communication abilities.
- Excellent computer skills (MS Office) and SAP user is a must.
- Excellent interpersonal and communication skills, with the ability to build relationships with different stakeholders.
- Ability to work under pressure and meet tight deadlines.
