Treasury Section Head

lxbfYeaa - Egypt - Qalubia
  • Oversee daily treasury operations, including cash flow management, investments, and banking relationships.
  • Perform cash operation activities, including but not limited to outgoing transfers, inter-account transfers, Form 4, letters of guarantee (LGs), chequeens under collection, certified chequeens, online banking services, foreign exchange rates for international wires, and all banking correspondence.
  • Ensure sufficient funds are available to meet operational and capital investment needs by managing liquidity through cash pooling arrangements and bank facilities.
  • Optimize bank balances to minimize interest expenses.
  • Establish and strengthen relationships with banks to facilitate daily business operations.
  • Negotiate with banks to secure the best borrowing rates and facilities.
  • Forecast cash flow positions, assess related borrowing needs, and determine funds available for investment.
  • Advise management on liquidity aspects for both short-term and long-term planning.
  • Prepare Daily Cash Position reports in all currencies, covering all types of cash inflows and outflows.
  • Provide weekly and monthly reports and analyses of the company’s cash and liquidity positions.
  • Conduct bank reconciliations and ensure the accurate recording and maintenance of all cash and bank transactions. Oversee daily treasury operations, including cash flow management, investments, and banking relationships.
  • Perform cash operation activities, including but not limited to outgoing transfers, inter-account transfers, Form 4, letters of guarantee (LGs), chequeens under collection, certified chequeens, online banking services, foreign exchange rates for international wires, and all banking correspondence.
  • Ensure sufficient funds are available to meet operational and capital investment needs by managing liquidity through cash pooling arrangements and bank facilities.
  • Optimize bank balances to minimize interest expenses.
  • Establish and strengthen relationships with banks to facilitate daily business operations.
  • Negotiate with banks to secure the best borrowing rates and facilities.
  • Forecast cash flow positions, assess related borrowing needs, and determine funds available for investment.
  • Advise management on liquidity aspects for both short-term and long-term planning.
  • Prepare Daily Cash Position reports in all currencies, covering all types of cash inflows and outflows.
  • Provide weekly and monthly reports and analyses of the company’s cash and liquidity positions.
  • Conduct bank reconciliations and ensure the accurate recording and maintenance of all cash and bank transactions.

BSc in Accounting, Finance.10 years of professional experience in managing treasury function with minimum 5 years of professional experience in manufacturing entities at least.Must have proven track record in treasury accounting including FX, liquidity, cash flow and various financial instruments.Has a very good rapport with banking sector.Experience in managing financial risks, including interest rate risk, currency risk, and credit risk.Experience with hedging, foreign exchange, and derivatives is an advantage.Experience in a leadership or management position.Strong analytical skills, high attention to detail, and excellent communication abilities.Excellent computer skills (MS Office) and SAP user  is a must.Excellent interpersonal and communication skills, with the ability to build relationships with different stakeholders.Ability to work under pressure and meet tight deadlines.
Post date: 19 August 2024
Publisher: Wuzzuf .com
Post date: 19 August 2024
Publisher: Wuzzuf .com