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MphExperts
Full time
Accountabilities :
- Ensures efficient and timely handling of treasury operations activities.
- Drive improvements and best practices related to Treasury processes, such as cash management, forecasting & reporting.
- Provide operational support to the Lead, Treasury on a timely basis.
Cash Management & Reporting:
- Prepare the Fixed Deposit forecasts, proposals, recommendations, and reporting.
- Negotiate Interest rates with approved banks to ensure optimum cash management.
- Conduct the vendor payments analysis on a monthly basis to ensure the cash forecasts accuracy
- Analyze the root cause of pending payments and coordinate the resolution of the aged items.
- Prepare the Shareholders Cash Distribution forecast & analysis in coordination with FP to accurately estimate the Advances to Shareholders (per the Cash Advance Agreement) and coordinate the payments entries with GA.
- Prepare and present the Treasury dashboard and performance metrics
- Liaise and resolve issues regarding banking activities and corporate credit cards together with relevant internal departments.
Cash Forecasting & Analysis:
- Prepare the short-term cash forecasts in collaboration with cross-functional teams (e.g., Financial Planning, Cost Control, C&P, MP, and HR) to estimate the company cash requirements and the closing cash position (MCB).
- Conduct the variance analysis on the short-term cash flow forecast
- Analyze & report the expected cash requirements based on information from SAP and inputs from other departments.
- Prepare the Cash Analysis Reports ITD/YTD (Cash Evolution, weekly/monthly performance & trends) to identify and recommend remedies and improvement opportunities.
- Prepare and update the Daily Cash Balances Report, monitor the funds’ movement to ensure the Minimum Cash Balance (MCB) is maintained in a day-by-day basis.
- Consult financial literature to analyze financial data, industry trends and best practices, e.g., Interest rates, foreign exchange rates (FX), Commodity market, e.g., Crude Oil Prices.
- Assist in developing and maintaining the Finance Integrated Dashboard and information systems
Qualification and Experience :
– Experience in cash management, knowledge of financial instruments for cash optimization
– Knowledge of accounting principles and practices, the financial markets , banking and the analysis and reporting of financial data.
– Expereince on SAP, e-banking solutions, and MS office suite
– Critical thinking and analytical skills
– communication and inter personal skills
– Qualification : Bachelor ‘s degree in Accounting/ Finance / Economics
– Professional Experience : A minimun of 5 years of expereince in a smiliar field within Finance
