Assistant Manager, Treasury

1. JOB PURPOSE:

Lead the day-to-day treasury operations, including cash management, cash forecasting, debt management, and foreign exchange transactions, and provide strategic insights to optimize the company's capital structure, maintain sufficient liquidity, maximize returns on cash investments, and mitigate financial risks.

2. RESPONSIBILITIES:

Treasury:

Lead treasury operations functions, including bank account management, treasury system administration, and documentation management. Implement process improvements and automation initiatives to enhance efficiency and accuracy in treasury operations. Ensure compliance with internal controls, policies, and procedures related to treasury activities.

Financial Risk Management:

Identify, assess, and mitigate financial risks, including interest rate risk, credit risk, and counterparty risk. Cash Management Lead daily cash flow activities, including cash positioning, forecasting, and liquidity management. Execute bank transactions, including wire transfers, investments, and disbursements. Perform monthly bank reconciliation and act to clear outstanding and unreconciled transactions.

Cash Forecasting:

Prepare short-term and long-term cash flow forecasts to support liquidity planning and decision-making. Collaborate with finance and operational teams to incorporate accurate cash flow projections into financial planning and budgeting processes.

Banking Relationships:

Develop and maintain relationships with banks and financial institutions. Negotiate banking services and fees, including credit facilities, cash management services, and foreign exchange transactions. Evaluate bank performance and recommend changes as needed.

Debt Management:

Monitor and lead the company's debt obligations, including bank loans, lines of credit, and bonds. Evaluate financing options, negotiate terms and conditions, and coordinate debt issuance and repayment activities. Monitor debt covenants and compliance requirements, ensuring timely reporting and adherence to contractual obligations. Evaluate refinancing opportunities and debt restructuring options to optimize the company's capital structure and reduce financing costs.

Treasury Policies and Guidelines:

Develop and review treasury-related policies and guidelines to ensure that the company complies with the regulations and good financial practices. Responsible for enforcing, implementing a set of authority matrix, policies, and departmental controls to increase accuracy, governance, and efficiency in the Treasury area.

Leadership:

Lead, monitor, and review the work of a team to ensure that processes and procedures are properly implemented and that the team is achieving defined objectives and standards.

3. EDUCATION:

A bachelor’s degree in finance, economics, business administration, or any related discipline is required.

4. EXPERIENCE:

Minimum of six years of experience in a relevant function.