Requirements
Bachelor's degree in Finance, Accounting, Business Administration, or any related field. Minimum 2 years of relevant experience in Treasury and Cash Management. Practical experience in handling LCs, LGs, and IDCs and dealing with financial institutions.
Description
Job Summary: The Treasury Specialist is responsible for managing daily treasury operations, including cash management, bank transactions, reconciliations, cash flow monitoring, and funding requirements.ResponsibilitiesPlan 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.QualificationsBachelor'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.