Treasury Manager

JOB PURPOSE

Responsible for plan & organize company cash flow & risk management

Manage and monitor the external finance through maintaining relationships with banks, oversee liquidity, managing cash flow and acquiring the foreign currency.

Scope of responsibility, Egyptian group for medical industries & FMC EG Plants

DUTIES & RESPONSIBIITIES:

• Plan & organize company cash flow performance through preparing cash flow reports and provide Management with better tool to negotiate better payment terms with suppliers to ensure better measurement for the cash flow efficiency.

• Monitor the company funds through maintaining the daily cash position and moving funds, overseeing the interest income on shareholders deposits, and follow up the notes receivables and notes payables to provide better control on funds.

• Monitor L/G's & cash insurance closure by issuing L/G's aging position monthly, highlighting maturity due dates, supporting preparing necessary documentation, and follow up collection to ensure in time settlement for L/G's.

• Manage treasury staff by acquiring, maintain, and train the department staff to increase performance efficiency.

• Facilitate banks credit by preparing the necessary credit assessment study, respond to the banks credit management investigations, and follow up the tracking of credit facility with the bank to ensure secured external finance.

• Achieve reasonable savings in bank charges through studying charge / service matrix, selecting the best bank service, build good relations with banks and work on postponing the maturity date to ensure best financial service.

• Handle the Foreign Exchange dealing by developing dealers network, investigating rates in the market, and negotiating offers based on committed bid in order to ensure secured Foreign Exchange acquisition at low cost.\

• Studying the charge / service matrix & selecting banks that offer good service at relating responsible cost

• Assess company risk management

• Effective Management & control on funds

• Manage relationship with financial service provider

• Follow up collection operation

• Develop collection plan with Account Receivable& collection Manager

• Follow up account receivable & customer complain

• Participate with the committee to improve sales efficiency cycle and reduce headcount turnover and search for solutions.

SPAN OF AUTHORITY & CONTROL:

Number of Staff Members:

• 1 L/G's Coordinator
• 1 Bank Coordinator
• Treasury Section Head
• Insurance Contractor
• Sr.Cashier

Internal Communication Lines:

• All Company Department

External Communication Lines

• Banks
• Free market for currency acquisition
• External auditors
• Ministry of Foreign Trade
• Insurance institutions
• Shareholder
• Supplier
• Customers

JOB HOLDER PROFILE:

Education

• Bachelor degree in Accounting or any related field.
• Commercial degree, CTP certified.
• Excellent command in English Language.

Experience:

• From 8-10 years experience in finance and accounting.
• Have very good knowledge of computerized Accounting Systems.
• Good practicing of MS Office applications.
• Exposed to financial integrated systems and banks accounts.
• Good presentation skills