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Job Description
- Bank relations
- Cash management and forecast
- Short term investment
- Bank reconciliation
- Cheques management and monitoring
- This position is responsible to assist the treasury Mgr. to manage the daily cash management and treasury support for NEISCO Group of companies.
- Assist Treasury Mgr. to Manage corporate cash and banking activities (bank position & reporting)
- Maintain an active cash flow model to forecast cash requirements for each project / company within the group.
- Advice on the best short-term investments available in the markets as to optimize the benefits from the surplus cash available.
- Ensure the agreed credit / debit interest with banks are adhered to and properly accounted for, gets Senior Management Approval for interest rates, and keep them up to date with the status
- Coordinate with Legal department regarding unpaid cheques.
- Maintain an effective communication between NEISCO group of companies. Tracking bank facilities, settlement due dates and monitor the synergy of cash pooling "compensation of excess and deficit treasury situations between the group of companies.
- Prepare monthly cash performance report to compare cash flow budget vs. actual.
- Review the disbursements of the projects funded via bank facilities against the initial payment schedule.
- Ensure strong cash management and forecasting to avoid any financial hiccups.
- Ensure Investing and funding activities support the existing and future projects.
- Ensure good and effective relation with the banks to facilitate NEISCO group of companies financing needs.
- Assist Treasury Mgr. to Manage the foreign exchange position for the group.
- Assist Treasury Mgr. to Coordinate funding monthly payroll Salaries for the Group Companies.
Job Requirements
- 3-5 years of experience in Treasury preferably in Manufacturing.
- Education: Bachelor degree in Finance, Accounting or Business Administration.
- Work experience in major industrial companies is must.
- Ability to work as a team member.
- Proficient use of MS Office software.
- Familiar working with ERP Systems.
- Good command of English
- Communication skills, Team Player & Problem solving skills, and creative thinking
- Gender: Male
