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Treasury Manager
About the job
The Treasury Manager is responsible for managing the company’s financial liquidity, optimizing cash flow, and ensuring appropriate financing while managing financial risks, including interest rate and foreign exchange (FX) risks. The role involves maintaining banking relationships, overseeing treasury operations, and ensuring compliance with corporate policies and regulatory requirements.
Key Responsibilities:
Cash and Liquidity Management:
Manage daily cash flow to ensure liquidity to meet the company’s operational needs.
Forecast cash positions, related borrowing needs, and available funds for investment.
Optimize cash utilization and identify cash-saving opportunities.
Banking and Financial Institution Management:
Maintain and develop relationships with banks and financial institutions.
Negotiate and manage banking facilities such as loans, credit lines, and letters of credit.
Ensure cost-effective bank services and review banking fees.
Debt and Investment Management:
Oversee company borrowing and investments.
Ensure efficient use of excess funds in line with corporate investment policies.
Manage interest rate and foreign exchange (FX) risks, including the use of hedging strategies.
Foreign Exchange (FX) Management:
Monitor FX exposure and fluctuations, providing recommendations for risk mitigation.
Execute FX transactions to manage currency risk and optimize transaction costs.
Collaborate with the finance team to assess the impact of FX on financial performance.
Risk Management:
Identify and mitigate financial risks, including currency fluctuations, interest rates, and credit risks.
Implement strategies and hedging instruments to minimize financial exposure.
Working Capital Management:
Manage accounts receivable, accounts payable, and inventory levels to optimize working capital.
Collaborate with other departments to ensure timely payments and collections.
Reporting and Compliance:
Prepare and present treasury reports, including cash flow forecasts, debt levels, investment performance, and FX positions.
Ensure compliance with all treasury policies, procedures, and regulatory requirements.
Collaborate with auditors and regulatory bodies during reviews and audits.
Treasury Operations and Systems:
Oversee the implementation and management of treasury systems and tools.
Monitor the efficiency of treasury operations and propose improvements.
Manage treasury-related accounting, including reconciliation of accounts.
Leadership and Team Management:
Lead, mentor, and develop a team of treasury professionals.
Ensure team compliance with internal controls and procedures.
Strategic Planning:
Work with the CFO/Finance Director on long-term financial planning.
Participate in strategic decisions on capital structure, financing, and investments.
Qualifications and Skills:
Bachelor’s degree in Finance, Accounting, Economics, or a related field (Master’s degree preferred).
5+ years of experience in treasury, finance, or a related role, preferably in the manufacturing sector.
Strong understanding of financial markets, banking systems, and corporate finance.
Experience with cash management, debt financing, investment management, and foreign exchange management.
Proficiency in treasury management systems, ERP systems, and financial modeling.
Excellent analytical, problem-solving, and decision-making skills.
Strong leadership and communication skills.
Interested candidates should submit their resume to vanessaf@sunda.com . Please include "Treasury Manager Application" in the subject line. Only shortlisted candidates will be contacted for an interview.