About the Job
Key Purpose Statement
To effectively manage the organization’s cash flow, liquidity, and treasury operations by ensuring accurate cash forecasting, efficient fund management, compliance with financial controls and regulations, mitigation of treasury-related risks, and timely reporting, while maintaining strong relationships with banking partners and supporting business objectives through sound financial stewardship.
Key Outputs and Accountabilities
Cash Management and Forecasting
Daily Cash Position Monitoring: Track and manage daily cash flows to ensure liquidity and optimal cash levels for operational needs.
Cash Flow Forecasting: Develop and maintain accurate cash flow forecasts to support financial planning and decision-making.
Bank Reconciliation: Perform regular reconciliations of bank statements with internal records to ensure accuracy and identify discrepancies.
Liquidity Management: Manage short-term and long-term liquidity requirements, including arranging necessary funding and investments.
Treasury Operations and Compliance
Transaction Processing: Oversee the processing of treasury transactions, including payments, receipts, and transfers, ensuring accuracy and compliance with company policies.
Risk Management: Identify and mitigate financial risks associated with currency fluctuations, interest rates, and counterparty credit risks.
Compliance Adherence: Ensure compliance with relevant regulations, internal controls, and company policies related to treasury operations.
Financial Reporting: Prepare and review treasury-related financial reports and documentation for internal and external stakeholders.
Stakeholder Management and Communication
Bank Relationship Management: Maintain and develop relationships with banks and financial institutions to support treasury activities and negotiate terms.
Internal Collaboration: Work closely with other departments, such as finance and accounting, to coordinate and align on cash management and treasury needs.
Reporting and Presentation: Provide clear and accurate treasury reports and updates to management and other stakeholders.
Problem-Solving and Support: Address and resolve any issues or queries related to treasury operations and provide support as needed to internal and external parties.
About You
Skills
Analyze cash flows and financial data to ensure accurate forecasting and liquidity management.
Maintain accuracy in daily cash management, reconciliations, and treasury transactions.
Clearly communicate financial information and updates to stakeholders and collaborate effectively with internal teams.
Identify and mitigate financial risks associated with treasury operations, including currency and interest rate fluctuations.
Ensure adherence to regulations, internal controls, and company policies related to treasury activities
.
Experience
Minimum requirement: Bachelor’s degree,
Added advantage: Master’s Degree.
Minimum 4-5 years in a Financial accounting.
Experience working on ERP (MSD) MSD.
Working knowledge of internal controls – specifically at manufacturing site level.
Requirement Skill
Accounting