A Fantastic Opportunity for ...
Position Objective
The Treasury Manager is responsible for leading the company's treasury operations by ensuring effective cash flow management, liquidity planning, banking relationships, funding strategies, financial risk management, and treasury compliance. The role supports business growth by optimizing working capital, maintaining sufficient liquidity, managing financial risks, and ensuring efficient utilization of financial resources while complying with company policies and regulatory requirements.
Roles and Responsibilities
1. Cash Flow & Liquidity Management
- Develop and manage daily, weekly, monthly, and annual cash flow forecasts.
- Ensure sufficient liquidity to support business operations and strategic investments.
- Monitor daily cash positions across all bank accounts.
- Optimize cash utilization and recommend investment or financing opportunities.
- Manage intercompany funding and cash movements where applicable.
- Establish treasury controls to safeguard company funds.
2. Banking & Financial Institution Management
- Build and maintain strong relationships with banks and financial institutions.
- Negotiate banking facilities, loan agreements, guarantees, overdrafts, and financial products.
- Evaluate banking services and recommend cost-effective banking solutions.
- Coordinate with banks regarding payments, collections, financing, and documentation.
- Monitor banking performance and service quality.
3. Working Capital & Funding Management
- Optimize working capital through effective management of receivables, payables, and inventory financing.
- Develop short-term and long-term funding strategies aligned with business objectives.
- Monitor debt facilities and ensure compliance with financing covenants.
- Evaluate financing alternatives and prepare recommendations for management.
- Coordinate capital funding requirements for business expansion and operational needs.
4. Treasury Risk Management
- Identify, assess, and manage treasury-related financial risks.
- Monitor foreign exchange exposure and execute foreign currency transactions.
- Manage interest rate risks and recommend appropriate hedging strategies.
- Analyze market trends affecting liquidity, exchange rates, and borrowing costs.
- Ensure treasury activities comply with company risk management policies.
5. Financial Planning & Treasury Analysis
- Prepare cash flow forecasts under multiple business scenarios.
- Analyze treasury performance and provide strategic recommendations.
- Monitor key treasury KPIs and financial indicators.
- Support annual budgeting, financial planning, and forecasting processes.
- Conduct financial modeling to support investment and financing decisions.
6. Treasury Operations
- Oversee daily payment processing and cash disbursements.
- Ensure timely settlement of supplier payments, loan repayments, payroll funding, and statutory obligations.
- Review treasury transactions for accuracy and compliance.
- Ensure appropriate authorization and segregation of duties in treasury operations.
- Monitor bank reconciliations and treasury accounting entries.
7. Internal Control, Compliance & Audit
- Develop, review, and improve treasury policies, procedures, and internal controls.
- Ensure compliance with company policies, banking regulations, tax requirements, and financial reporting standards.
- Prepare treasury documentation for internal and external audits.
- Support annual statutory audits by providing treasury schedules and audit workpapers.
- Recommend process improvements to strengthen treasury governance.
8. Stakeholder Management
- Collaborate closely with Finance, Accounting, Procurement, Commercial, Supply Chain, and Operations teams.
- Provide treasury advice and financial support to business units.
- Present treasury reports and recommendations to senior management.
- Coordinate with external auditors, banks, financial advisors, and regulatory authorities.
9. Team Leadership
- Lead, coach, and develop treasury team members.
- Set departmental KPIs and monitor team performance.
- Promote continuous improvement and knowledge sharing.
- Ensure compliance with company policies, ethical standards, and internal controls.
- Foster a high-performance and collaborative team culture.
10. Continuous Improvement
- Identify opportunities to automate treasury processes.
- Improve cash management efficiency and reporting accuracy.
- Recommend treasury system enhancements and digital solutions.
- Benchmark treasury practices against industry standards.
- Perform other duties assigned by the Finance Director or Management.