About Job
Manage cash management activities of the Treasury Section within Finance Department relating to directing financial activities, cashflow forecasting, managing all related banking activities and company's bank accounts. Also, prepare different reports and provide support to the management in the implementation of company policies and procedures.
Duties & Responsibilities
- Prepare Daily Cash Position Report and periodical Cash Flow Forecast reports inherent to the assigned unit. Also, upon management request develop ad-hoc reports related to cash management performance.
- Support the Treasurer in observing and implementing policies and procedures related to Treasury and taking on ad hoc duties as required.
- Participate in preparation of the FAD & TR policy and procedures related to oversee the transactions of the Department.
- Place all FX deals and ensure that all FX deals are confirmed with banks and ensure any excess funds are placed in the best available investment instruments in line with approved Cash Management Policy. Closely monitor the loan portfolio & the loan documents requirements.
- Preparation of the Drawdown Requests under the Project Finance Facilities.
- Submit to Lenders the required Loan securities such as Promissory Notes (Submission, Renewal, Safe Keeping).
- Lead the assigned unit to execute the day-to-day activities and transactions which are considered inherent to the unit.
- Coordinate auditing events, be it financial, procedural or compliance review by Internal Audit. Also represent the unit/section in meetings, consultations within and outside the company.
- Perform any other duties and responsibilities as designated by the Treasury Section Head.
- Treasury is experiencing a significant volume of tasks and responsibilities. Technical expertise required.
Minimum Requirements
- Bachelor's Degree in Business Administration, Accountancy or Finance
- CMA or similar certification is preferred
- At least 6 years experience in related work area
- Ability to analyze complex financial data and draw logical conclusion
- Computer literate with technical know-how on financial programs such as SAP
- Gives much attention on details and numbers
