Manager – Treasury and Budgeting

Overview

Duties and Responsibilities

• 1.Global cash management
• Ensure cash is available in right legal entity, in right currency and in right bank a/c without delays, disruption or distraction.
• Forecast free cash flow (FCF) monthly on a rolling 12 month period and identify risks / opportunities to FCF. Perform a variance analysis between actual forecast, and last year.
• Ensure efficient execution of payments, FX trades, and debt service. Ensure zero fraud or error on cash.
• Lead bank account strategy, documentation, KYC compliance, and fee negotiations. Minimize trapped cash and direct debits.
• Structuring of tax efficient inter-company loans
• 2.Financial Risk Management.
• Forecast all non-operating expenses of company (FX, interest, bank fees, etc.).
• Eliminate volatility in P&L and cash flows to financial risks e.g. FX, interest, counterparty, etc. through natural and synthetic hedging.
• Assess insurable risk exposure and negotiate insurance coverage (e.g., general liability, property, D&O, PI). Manage claims in coordination with insurers, brokers, and internal stakeholders.
• 3.Optimize non-operating costs
• Daily cash positioning and analysis of investment alternatives to optimize after tax net interest income.
• Minimize all transaction costs e.g. bank fees and taxes.
• Drive working capital through corporate cards, real time cash flow visibility, and planning
• 4.Enable global trade
• Leverage company bank group to negotiate services (e.g. corporate cards, bank guarantees, LCs, corporate guarantees, etc.)
• Own treasury systems, controls, and automation initiatives.

5.Budgeting

• Drive annual budgets, quarterly forecasts, and monthly budget vs actual reporting.
• Monitor and report on key financial and operational metrics.
• Build financial models to support investment decisions, pricing, cost optimization, and business cases.
• Support SAP digital transformation and data integration initiatives.
• 6.Treasury accounting
• Expert in Treasury related accounting and updates into SAP
• Ensure financials accurately reflects all treasury related transactions.
• Ensure compliance with internal controls and audit requirements. Create treasury policies and procedures. And enable treasury to evolve based on audit findings.

7.Debt Management

• Lead debt contract reviews, bank negotiations and structuring to minimize after-tax cost of debt
• Bank relationship mapping. Maintain strong partnerships with banking partners.
• Manage lease database and contingent liabilities from cradle to grave.
• Analyze buy vs lease using NPV framework

Experience Required

• 7 to 12 years of Treasury and Budgeting experience in a leadership capacity.
• Lead and manage the company’s global cash management, liquidity planning, banking relationships, and treasury systems.
• Ensure the optimization of cash resources, compliance with financial risk policies, and operational excellence across all treasury activities.
• You may also apply through our website and register your profile here: www.nadia-me.com