A multinational automotive company is recruiting a young Treasurer having 3-5 years of cash management, treasury, and trade finance experience.
Job Summary
Handling the day-to-day cash management activities of the company.
Assisting the treasury team in monitoring and follow-up of trade finance activities
Assisting Senior treasurer in monthly and Quarterly Reporting Ensuring treasury KPIs are met.
Reconciliation with group treasury.
Job Responsibilities
Responsible for repatriation of funds promptly to group treasury.
Ensuring a minimum cash balance locally and at every month's end with explanations of any cash balance in the accounts.
Petty cash / corporate cards/E-dirhams cars handling and reconciliation.
Ensuring Toyota Global netting system uploads every month promptly.
Daily integration of bank statements in Kyriba, correction of codification, and resolving any issues identified daily.
Reconciliation of treasury forecast with actual in Kyriba.
Saving and circulation of daily bank statements with the accounting team and communication of receipts to the teams required internally.
Preparation of payments to suppliers/ sending CFEs and payments in sign now.
Preparation of monthly cash flow forecast and assist senior treasurer in gathering information for quarterly cash flow forecast.
Reconciliation of actual cash balances v/s the forecast to understand variances and improvements required in the cash flow forecast.
Preparation of any other country-wise ad-hoc forecasts when required.
Assisting senior treasurer with the preparation of quarterly HFM reports required by consolidation.
Updating interest rates such as Bank SOFR, JIBAR, etc for reporting and interest calculation purposes.
Reconciliation of treasury current account balances and the relevant interest thereon with group treasury.
Assisting the senior treasurer in the preparation of the treasury dashboard report.
Preparation of treasury KPIs report.
Supporting senior treasurer in the collection of data such as open LCs, and SBLCs for preparation of trade finance report
Daily monitoring of SBLC and credit limits consumption
Act as a back of the senior treasurer in case of his absence
Supporting the other departments in any trade finance-related query, following up with banks.
Support senior treasurer in coordinating with banks for the review of LCs terms and conditions, finding relevant banking schemes for confirmation, and advising of LCs/SBLCs.
Preparation of related parts for cash management and trade finance for monthly treasury meetings.
Follow up on bank fees related to LCs and SBLCs and ensure the charges are as per the agreement with the banks.
Qualifications and Education Requirements
Good interpersonal and communication skills.
Good understanding of business functional matters.
Ability to explain technical subjects simply and clearly.
Ability to integrate constraints and challenges regarding needs and developments.
