Treasury Manager - Oversee budget, financial planning and cash management while limiting risks to the company and maintaining positive relationships with banks and financial institutions. .
Responsibilities
- Responsible for banking arrangements.
- Monitor banking fees O/D, STL, MTL, L/C, L/G, etc.
- Receive credit facility requests for final assessment and approval.
- Monitor foreign currency exposures and execute hedging operations.
- Execute Action plan with concerned related to interest rate deviation upon needs.
- Monitor the interest on periodic STL drawdown.
- Maintain an efficient cash management and foreign exchange exposure management and hedge activities to maximize financial gains and minimize costs.
- Optimize the usage of loans.
- Restructure facility lines to meet business operational needs.
- Provide guidance on decisions related to concentration on risk management and liquidity contingency planning to ensure that the business remains at par with the market.
- Establish and maintain banking and financial institution relations to get competitive and qualitative terms.
- Plan for loans repayments, rollover and Debit Services Fees and manage debit service account.
- Ensure there is sufficient cash & foreign currencies by regularly monitoring the cash flow and adherence to the CAPEX and OPEX.
- Export L/Cs: support in negotiation with bank regarding L/Cs & CAD documentary collection and regularly following up with them for timely delivery of documents.
- Import L/Cs: Handle L/Cs opening and related amendments, monitor documents retirement for CAD and L/C from banks and manage fund flow.
- Bank Guarantees: issue, amend, and renew bid bonds. Handle payments guarantee and custom guarantee..
Qualifications
- Bachelor's Degree in Finance or Accounting from a reputable University Masters is a plus.
