Treasury Accountant

Job Title: Treasury Accountant

Company Name : Elsewedy Watanya

Job Purpose:

The Treasury Accountant is responsible for managing the company's daily cash operations, bank reconciliations, and payment processing, ensuring efficient cash flow management and compliance with treasury policies and banking procedures.

Key Accountabilities:

• Monitor daily cash positions across all bank accounts and prepare cash flow forecasts to support liquidity planning.
• Process bank transfers, payments, and letters of credit/guarantee in coordination with relevant departments.
• Perform daily and monthly bank reconciliations, ensuring discrepancies are identified and resolved promptly.
• Maintain relationships with banks to facilitate smooth execution of banking transactions and trade finance instruments.
• Track and manage the company's debt facilities, loan repayments, and related interest calculations.
• Prepare treasury reports, including cash flow statements and banking facility utilization reports, for management review.
• Ensure compliance with internal controls and treasury policies in all cash handling and banking activities.
• Support the Finance Section Head in managing foreign currency exposure and hedging activities as needed.
• Identify and escalate any treasury-related risks or irregularities in a timely manner.

HSE Responsibilities

Elsewedy Electric requires the active commitment to, and accountability for, QHSE from all employees and contractors. Line management has a leadership role in the communication and implementation of, and ensuring compliance with, QHSE policies and standards. We are committed to:

• Protect, and strive for improvement of, the health, safety and security of our people at all times;
• Eliminate Quality non-conformances and HSE accidents;
• Ensure consistent and continuous compliance by all employees and vendors with safety and regulatory requirements, standards and protocols
• Responsible for creating safe work environment, manage risks and reduce exposure to liability
• Support line Management in managing HSE Incidents, corrective/preventive actions

Job Requirements:

- Years of experience: 1-3 years of experience in treasury or cash management, preferably within the manufacturing sector.

-Preferred 3-5 years of experience including trade finance (LC/LG) exposure.

Qualifications:

-Bachelor's degree in Accounting, Finance, or Commerce.

-Preferred Postgraduate diploma in Finance or Treasury Management.

Professional Certificates:

-Not mandatory, but Certified Treasury Professional (CTP) is advantageous.

-Preferred Certified Treasury Professional (CTP) certification.

Language proficiency:

-Proficient in English, both verbal and written.

-Preferred Proficiency in additional languages is beneficial.

Computer skills:

-Proficient in ERP systems (SAP/Oracle) and MS Excel.

-Preferred Experience with treasury management systems and online banking platforms.