Assistant Treasury Manager

Full time @Addify posted 1 year ago

Job Description

About the role: Key Responsibilities:

  • Detailed Cashflow Forecasting for the Sports Division and Consolidation for Group to ensure positive working capital – and plan the gaps, if any. (GCC region)
  • Understanding of Banking facilities and liaising with banks for account opening as required
  • Well-versed with LCs & Guarantees (APG, Performance Bonds, etc.) and vetting standard terms.
  • Analyze Group Banking Facilities; visit Financial Covenants periodically to support Manager and collate information for Annual Renewals after comparison with prior years and best practices
  • Evaluate the Existing Treasury Processes across all BUs and drive the Evolution of outdated processes
  • Maintaining banking relationships representing the Group Level of Treasury Function
  • Provide support on the implementation of Automation of processes and use of BI Tool for creating Dashboards; Implementation of Host to Host Across all Group entities.
  • Supporting TM in negotiations of Commercials for Banking/ Cash Management providers/ Exchanges – Maintaining Relations with these parties.
  • Manage and drive Daily /Weekly/ Monthly End Reports for the Group as per agreed timelines
  • Oversee bank reconciliations and daily transactions.
  • Well-versed with Account opening processes and KYC documentation requirements and SAP entries for CC and Cash.
  • Verification of Treasury Related Documents from other territories/ Business Units at the Group Level
  • Bookkeeping of Banking Charges, Interest Charges, etc on the ERP (SAP experience would be a plus) as per the month-end closing timelines (as required)
  • Understand and manage appropriate accounting procedures and processes
  • Monitor bank service fees and address quality issues (as required)
  • Initiate vendor payments, bill payments, fund transfers, and batch uploads on banking portals (as required)
  • The scope of the Role is listed but not exhaustive
  • Basic Qualifications:
  • Minimum of 5+ years of Treasury experience
  • Bachelors/Masters’s degree in Finance
  • Must be a self-starter who is able to work independently and interface with all relevant internal teams (management/ cross functions) and external business partners (Auditors, Banks, Suppliers) as needed
  • Analytical skills and the ability to get into the details, while also seeing and understanding the big picture
  • Ability to work in a fast-moving industry with many dimensions, stringent timelines
  • Ability to successfully manage multiple competing priorities simultaneously
  • Excellent interpersonal and communication skills, presentation, and writing required in English
  • Comfortable interacting with stakeholders at all levels in the organization.

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