Job description

Job Role: Senior Treasurer                                 

Job Description:

Cash Management

a. Daily Treasury Management

1. Analysis, Monitoring and Managing Bank Balances & Manage the Cash Pooling andTreasury Current Account with Parent Company
2. Take ownership of the company Treasury Management System ( Kyriba) and ensure the accuracy of the data reported in the system. Monitoring the automated bank statement integration with the Group Treasury Management System (Kyriba) and follow up the flow codes and fix any identified issues
3. Manage the daily and operational relationships with external (banks) and internal (Parent Company, Accounts Department and Supply Chain Department) parties on all subject related to cash management (incoming/outgoing transfers, follow-up and arrangement of funds for supplier payments)
4. Perform Monthly Treasury Forecast with the figures gathered from various cross functional departments (Accounting , Supply chain and Logistics, Administration, sales and marketing) and assist the CFO for quarterly Treasury forecasts
5. Responsible for company petty cash management, Corporate cards and E Dirham card Management
6. Set-up daily Cash Reporting for the Finance Manager and Managing Director.

b. Monitoring and Follow-up

1. Monitoring and control of banking conditions and signatory powers according to group internal audit requirements
2. Negotiate bank conditions with the bankers for bank charges and follow up and monitor the charges by account and by customer and identify the discrepancies against agreed terms and condition. Support business control team to ensure bank provisions in the ERP is appropriate with the bank conditions
3. Closely monitor group Treasury KPIs which relates to the performance of Daily Treasury Tasks (Bank integrations efficiency, Flow code modifications and forecast Reconciliation)

c. Monthly and Quarterly Reporting

1. Consolidate treasury figures and complete reporting through the Group ERP on time and ensure treasury KPIS for reporting is achieved
2. Facilitate and complete reports for monthly treasury meeting with CEO the quarterly meeting with the Group Treasury department

Forex

1. Follow-up and monitor forex hedging covers with the Supply Chain Team and ensure monthly Forex reporting is completed on time
2. Settlement of Forex contracts with the Group Treasury as per the contracts
3. Collaborate with the Group Treasury to set-up calendar with forecasted settlements and  requirements of currencies
4. Follow-up of ageing Forward contracts and explain delays
5. Manage Forex cancellations and additions

Trade Finance

1. Arrange confirmation of LCs from non-group customers for Export transactions
2. Monitor credit lines and facilitate import LC, SBLC and guarantee requirements for the sales and marketing teams
3. Ensure monthly and quarterly Trade finance reporting is completed on time

Treasury Projects and Improvements

1. Participate in the implementation of projects related to treasury department with the IT, Group Treasury (set-up ERP / automated transfers)
2. Be the local contact and able to manage end-to-end projects with the various
3. stakeholders from the development to the set-up of procedures; Testing, Put into production

Team Management and communication

1. Ensure Treasury team member/s are groomed in a well professional manner
2. Possess good communication and negotiation skills and to build effective and proactive relationship with the existing bankers while continuously working to expand the network of the current bankers\

To know more over the role kindly send us your updated resume to:  [email protected]