Treasury Manager job at Abubaker Technical Services and General Supplies | Apply Now

Cash Flow Management:

• Develop and maintain accurate cash flow forecasts, both short-term and long-term.

• Monitor daily cash positions and ensure adequate liquidity to meet operational needs.

• Optimize cash collection and disbursement processes.

• Manage bank accounts and banking relationships.

• Implement and maintain cash management systems.

Financial Risk Management:

• Identify, assess, and mitigate financial risks, including interest rate risk, foreign exchange risk, and credit risk.

• Develop and implement hedging strategies to manage financial risks.

• Monitor and manage the company’s debt portfolio.

• Ensure compliance with financial risk management policies and procedures.

Banking Relationships:

• Maintain and develop relationships with banks and other financial institutions.

• Negotiate banking fees and services.

• Manage bank account openings and closings.

• Ensure accurate and timely bank reconciliations.

Debt and Investment Management:

• Manage the company’s debt portfolio, including loan agreements and repayments.

• Evaluate and recommend investment opportunities.

• Monitor investment performance.

• Manage Letters of credit, and performance bonds.

Foreign Exchange Management:

• Manage foreign exchange transactions and exposures.

• Monitor foreign exchange rates and trends.

• Implement foreign exchange hedging strategies.

Financial Reporting and Compliance:

• Prepare and present regular treasury reports to management.

• Ensure compliance with treasury-related regulations and company policies.

• Maintain accurate and organized treasury records.

Team Leadership:

• Supervise and mentor treasury staff.

• Ensure that the treasury team has the appropriate tools and training to complete their tasks.

• Promote a culture of accuracy, efficiency, and compliance.