Senior Manager Corporate Finance

Senior Manager- Corp. Finance - Financial Control & Treasury Management

Reports to: CFO

Job Purpose:

A Senior Finance Manager, specializing in Financial Control & Treasury Management, oversees Bateel’s financial operations, focusing on both internal controls and the management of cash flow and investments. He/she manages budgets, cash flow planning & forecasting, reporting and ensures compliance, adherence to the DOA with a financial control lens, ensuring compliance with internal policies while driving efficiency in financial processes, partnering with other teams to optimize financial efficiency and business performance. He/she acts as a strategic financial leader, guiding the company's financial health and supporting its growth.

Key Accountabilities:

Financial Control:

• Assist in creating financial policy framework within the organization. Liaise with internal auditors to understand their recommendations and incorporate changes in current financial policy framework.
• Ensure financial policy framework is implemented across the organization.
• Assess internal control issues and operational discrepancies with the Finance Managers and highlight critical areas to the CFO.
• Adhere to the DOA (Delegation of Authority) with a financial control lens.
• Lead and mentor the financial control and treasury team, fostering a culture of accountability and continuous improvement.
• Provide treasury and financial control insights to support decision-making on capital expenditure, funding, and business expansion.
• Ensure compliance with corporate governance requirements and regulatory frameworks of the Organization.
• Review of contracts for assessing compliance, financial implications and risk.
• Monthly/ Weekly AR and AP reviews with Finance managers and Sales Managers.
• Review and provide comments on customer and supplier contracts from a finance control perspective, ensuring alignment with treasury, cash flow, and risk management objectives.
• Timely escalations to Business Heads for operational matters, recoveries, risk of bad debts for taking necessary legal steps if needed.

Treasury Management:

• Develop and execute the organization’s treasury strategy to ensure optimal liquidity, working capital management, and funding structure.
• Oversee relationships with banks, financial institutions, and rating agencies to secure favorable financing arrangements and manage banking facilities.
• Optimize debt, equity, and capital allocation strategies to support business growth.
• Risk assessment of all banking channels.
• Management and overview of all banking matrix, active users, limits, access rights.
• Monitor financial risks, including FX, interest rate, liquidity, and credit exposure, and design effective hedging strategies where necessary.
• Implement treasury technology solutions to enhance automation, accuracy, and reporting.
• To analyze the cash flow projections of each entity for better treasury and fund management and plan the timing of fund transfers.
• To report the Group 12 months consolidated cash flow to the CFO every month.
• To monitor the daily fund position for each entity and get quick visibility of short-term fund requirement and plan accordingly.
• Report on Daily Cash & Debt position to CFO and CEO.
• To analyze the implications of intercompany transfers on the standalone financials of each entity with respect to Equity, Intercompany loans, current assets/ liabilities.
• To ascertain and analyze all banking covenants at a standalone and consolidated level and recommend solutions to satisfy covenants.
• Ensure timely execution of funding requests and optimal utilization of credit facilities.
• To liaise with Bank managers for renewal and new facilities and arrange loan funds at lowest cost.
• Manage the company’s debt portfolio, including arranging drawdowns aligned with approved business case requirements.
• To provide necessary financial information and explanations to bankers on the company financial statements and performance.
• To monitor the Treasury reports and ensure information relating to loans and facilities is flowing to the FPA division correctly.
• To review all banking facility letters and other documents and forms, to ensure all details are accurate before final approval.
• To analyze and review the Mgt. consolidated financial statements to provide appropriate explanation to bankers on variances.

Company secretarial matters:

• To ensure all documentation relating to Bateel Holdings Ltd. is updated for eg. Register of members, Share register etc.
• To file annual return of Bateel Holdings Ltd. annually on time.
• To assist the CFO in drafting board minutes, board and shareholders resolutions.

Budgeting & MIS Reporting

• Manage the capital expenditure (Capex) budgeting process, ensuring alignment with strategic priorities and optimal fund allocation.
• Prepare and analyze MIS reports on cash flow, debt position, and Capex utilization to provide timely insights for management decision-making.
• Monitor daily cash positions, funding requirements, and debt obligations, optimizing liquidity and working capital.
• Support the CFO in financial due diligence assignments and annual audit processes.

Lives and Advocates the Bateel Values:

• Quality
• Innovation
• Authenticity
• Integrity

Experience & Skill Set requirement:

• Understanding of treasury best practices
• Understanding of corporate finance, banking products, hedging instruments
• Proficiency in ERP systems and Treasury Management Systems
• Strong leadership, stakeholder management, and communication skills
• Analytical mindset with the ability to interpret financial data into strategic insights
• High attention to detail, integrity, and problem-solving abilities
• Ability to thrive in a fast-paced, dynamic environment

Qualification & Licenses requirement:

• Graduate in Finance
• Postgraduate in Finance or CA/CPA/ACA/ACCA/CIMA/MBA Finance
• High level knowledge in Excel Advanced tools and PowerPoint presentations.
• Minimum 10–12 years of progressive experience in financial control, treasury, or corporate finance, with at least 4–5 years in a managerial/senior managerial role.

*Due to the volume of applications we are receiving ONLY SHORTLISTED CANDIDATES FOR INTERVIEW will be contacted.