Job Summary
The Senior Treasury Officer is responsible for managing the company’s treasury operations, including cash flow management, banking relationships, Letters of Credit (LC), and Letters of Guarantee (LG). The role ensures efficient liquidity management, compliance with banking regulations, and support for trade finance activities.
Key Responsibilities
Cash Management & Banking Relationship
- Manage daily cash positions, monitor bank balances, and bank reconciliation
- Maintain strong relationships with banks
- Negotiate banking facilities, fees, and charges
- Coordinate for credit lines, overdrafts, and trade finance facilities
Letters of Credit (LC)
- Handle issuance, amendment, negotiation, and closure of import/export LCs
- Ensure compliance with UCP 600 and internal policies
- Coordinate with banks, suppliers, and internal departments on LC documentation
- Review LC documents to ensure accuracy and timely processing
Letters of Guarantee (LG)
- Arrange issuance, renewal, amendment, and cancellation of bank guarantees
- Maintain records and monitor expiry dates of all guarantees
- Ensure compliance with contractual and banking requirements