Job title: Assistant Treasurer
Company: Genesis Executive Search
Job description: Job Description :A multinational automotive company is recruiting a young Treasurer having 3-5 years of cash management, treasury, and trade finance experience.Job Summary
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- 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.
Expected salary: 8000 – 9000 per month
Location: Dubai
Job date: Wed, 03 Apr 2024 22:36:50 GMT
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