✨ AI Summary
The Treasury Manager is responsible for the day-to-day operational aspects of treasury duties, including managing daily cash balances, trading in financial markets, and ensuring proper cash management processes. This role involves contributing to the selection of financing banks, structuring facilities, and ensuring company policies are applied in cash management. The manager will also allocate business to banks, negotiate fees, manage the safe box keepers team, and assess new finance offers. Key responsibilities include using off-balance sheet financing tools, designing workflows, managing cash management functions, forecasting interest expense and income, overseeing banking relationships, implementing new bank technologies, and ensuring adequate cash flow. The role also entails risk management activities, evaluating financial impacts of new ventures, negotiating loan terms, preparing cash flow forecasts, performing financial modeling, managing relationships with financial service providers, and recommending process improvements.
Requirements
Bachelor’s Degree in accounting/ finance.Minimum Experience 10 years in financeOracle User is a plus.Certified Treasury Professional designation is a plus.Certified Treasury Professional (CTP)- preferrable.Training in Treasury field (certificates/courses).Familiarity with IT related systems.
Description
Responsible for the day-to-day operational aspects of the Treasurer’s duties, thereby enabling the Treasurer to focus on more strategic issues.Mange daily cash balances and trading in the financial markets.Ensure proper cash management process.Contribute in selection of the financing banks & structuring of facilities.Make sure that the company's policies and procedures are being properly applied in terms of cash management and structure.Allocate business to different banks.Negotiate bank and service fees.Manage the safe box keepers team.Allocate transactions to leasing companies if necessary.Assess & analyze any new finance offers .Use off balance sheet financing tools to enhance cash position.Design workflow and administrative procedures for the tasks handled by the department of Treasury Operations and ensure implementation of bank's policies and procedures.Manage all cash management functions.Forecast worldwide interest expense and income.Oversee cash management banking and financial institution relationships.Implement new bank technologies, products and services to improve cash cycle and simplify company operations.Ensure that a company's cash flow is adequate to allow it to operate effectively.Forecast cash payments and anticipating challenges arising from limited cash flow.Undertake risk management activities to protect a company's financial well-being.Evaluate the financial impact of new business ventures.Negotiate loan or overdraft terms with company bankers.Prepare or monitor company’s various cash flow forecasts and perform financial modeling.Manage relationships with financial service providers.Recommend, implement and maintain process improvements.