Job Title: Treasury Specialist
Location: Safaga, Red Sea, Egypt
Industry: Port Operations / Maritime Logistics
Job PurposeThe Treasury Specialist is responsible for managing the organization's liquidity, banking relationships, cash flow forecasting, and financial risk within a port operations environment. The role ensures optimal cash utilization to support vessel operations, cargo handling, and capital-intensive infrastructure activities.
Key Responsibilities1. Cash & Liquidity Management- Monitor daily cash positions across all bank accounts
- Ensure sufficient liquidity for operational needs (fuel, port services, vendor payments)
- Optimize cash allocation across multiple entities or terminals
2. Cash Flow Forecasting- Prepare short-term and long-term cash flow forecasts
- Align forecasts with vessel schedules, cargo throughput, and seasonal fluctuations
- Coordinate with operations and finance teams to improve forecast accuracy
3. Banking & Relationship Management- Maintain relationships with local and international banks
- Manage bank accounts, signatories, and online banking platforms
- Negotiate banking terms, fees, and credit facilities
4. Payments & Transactions- Oversee execution of all payments (local and foreign currency)
- Ensure compliance with internal controls and approval matrices
- Manage urgent payments related to vessel turnaround and port operations
5. Foreign Exchange (FX) Management- Monitor currency exposures (USD, EUR, EGP, etc.)
- Execute FX transactions and hedging strategies where applicable
- Minimize foreign exchange risk related to international shipping activities
6. Debt & Financing Support- Assist in managing loans, credit facilities, and leasing arrangements
- Track debt schedules, interest payments, and covenant compliance
- Support funding requirements for port expansion or equipment acquisition
7. Treasury Reporting- Prepare daily, weekly, and monthly treasury reports
- Report on cash position, liquidity ratios, and financial risks
- Provide insights to senior management for decision-making
8. Compliance & Controls- Ensure adherence to company policies and regulatory requirements
- Maintain strong internal controls over treasury operations
- Support audits (internal and external)
Qualifications & RequirementsEducation- Bachelor's degree in Finance, Accounting, Economics, or related field
- Professional certification (e.g., ACT, CFA, CPA) is a plus
Experience- 36 years of experience in treasury or corporate finance
- Experience in port operations, shipping, logistics, or infrastructure is highly preferred
Technical Skills- Strong knowledge of cash management and treasury systems
- Familiarity with ERP systems (SAP, Oracle, or similar)
- Understanding of FX markets and banking instruments
Core Competencies- Analytical and problem-solving skills
- Attention to detail and accuracy
- Strong communication and stakeholder management
- Ability to work under pressure in a fast-paced operational environment
Key Interfaces- Finance & Accounting Team
- Port Operations & Logistics Teams
- Procurement & Vendor Management
- External Banks & Financial Institutions
Working Conditions- Based in Safaga port area
- May require coordination outside standard hours due to vessel schedules and international transactions
KPIs / Performance Metrics- Accuracy of cash flow forecasts
- Liquidity availability vs operational requirements
- Timeliness and accuracy of payments
- FX risk mitigation effectiveness
- Compliance with internal controls and audit findings
