Treasury Specialist

Job Summary: The Treasury Specialist is responsible for managing daily treasury operations, including cash management, bank transactions, reconciliations, cash flow monitoring, and funding requirements.

Responsibilities

• Plan and organise daily activities of treasury functions including Cash Management and Credit, data entry, reporting, reconciliations, settlements, and supporting documentation.
• Daily update of cash position for all bank accounts.
• Review of cash flow and funding requirements for the business activities, both in the short-term and long-term.
• Prepare bank reconciliations, investigate and clear reconciling cash/bank items regularly.
• Reviews and drives improvements in cash management, ensuring financial obligations are being met in the preset due dates, and in accordance with Company policies and procedures.
• Handling the day to day operation with financial institutions through monitoring the implementation of cash transactions with no delay to insure cash flow stream.
• Abide to all related laws, regulations, and the Company's policies & procedures.
• Review, investigate, and correct errors and inconsistencies in financial transactions, documents, and reports.
• Directing the collectors and bank representatives on daily basis.
• Perform other duties as assigned and related to scope of work and profession.
• Having outstanding follow-up capabilities with internal and external stakeholders.
• Submitting the required treasury reporting stuff and measure the results vs. standard, highlight variances and take the corrective actions.
• Handling all the process related to IDCs/LCs & LGs from all sides.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or any related field.
• Minimum 2 years of relevant experience in Treasury, Cash Management.
• Practical experience in handling LCs, LGs, and IDCs and dealing with financial institutions.