Treasury Manager

Job Description

<br><p>Manage the Treasury section responsibilities and activities, and ensure putting in place the necessary protocols in association and coordination with the finance and accounting different functions to ensure proper execution of the section accountabilities.</p><p><br></p><p><strong>Responsibilities</strong></p><ul><li>Owning, maintaining, and development of the Treasury Function Standard Operating Procedures (SOPs)</li><li>Work closely with finance &amp; accounting different sections (General Ledger, Account Payable, Payroll, Financial Analysis, Marketing &amp; Sales Accounting, Account Receivable, Tax &amp; Zakat) in order to ensure quality in operations in the Accounting &amp; Internal Control division.</li><li>Managing the Treasury team and ensure designated activates and responsibilities are properly executed.</li><li>Preparing the cash flows forecast weekly/monthly/yearly in order to have clear visibility on cash requirements.</li><li>Monitoring and managing the organization’s bank relationships and liquidity management.</li><li>Negotiate facility services with banks, and managing the legal required documentations with the banks.</li><li>Coordinate with all the banks to provide the balances confirmations at year-end to support external auditing.</li><li>Analyzing various scenarios and risks and report them to senior management to make the required mitigation plans.</li><li>Monitor the collection activities and prepare plans in case of delinquency.&nbsp;</li><li>Approve and execute suppliers’ payments in line with cash flow availability.</li><li>Monitor daily payment requests to ensure they do not exceed the approved budgets.</li><li>&nbsp;Approve banks transfers as part of the approval cycle and in line with the organization’s policies and procedures.</li><li>Manage the cash conversion cycle in order to ensure quality in financial activities throughout the cycle between suppliers and customers.</li><li>Manage and oversee the cash flows operations across all legal entities.</li><li>Build the team’s capabilities by ensuring ongoing on-the-job training, coaching, and regular 1:1 feedback to maximize their potential and capitalize on their strengths.</li><li>Identify training needs for the team to ensure their continuous development and boost their performance.</li><li>Cascade down the company’s strategies and individual KPIs to the team properly to ensure awareness and ownership.</li></ul><p> </p><p><strong>Specifications</strong></p><ul><li>Minimum BSc Degree in Finance &amp; Accounting</li><li>3 – 5 Years of Experience</li><li>Fluent in English &amp; Arabic</li></ul>