Treasury Officer

Summary of Job:

The Treasury Officer is responsible for supporting the organization’s liquidity management, cash flow optimization, and financial risk mitigation. This role involves executing daily treasury operations, managing banking relationships, and ensuring compliance with internal controls and regulatory requirements. The Treasury Officer collaborates with finance and accounting teams to support the company’s funding and investment activities.

Key Responsibilities:

• Policy and Strategy Development:

· Manage policies and procedures for treasury and cash management operations across all branches.

· Align treasury goals with corporate strategy by partnering with senior management.

• Cash Flow and Liquidity Management:

· Oversee daily cash management operations, including cash flow forecasting, fund transfers, and payment approvals.

· Build and maintain short- and long-term cash flow forecasting models.

· Ensure adequate liquidity to meet operational and investment needs while optimizing working capital.

· Monitor liquidity positions and recommend actions to address funding gaps.

• Banking and Relationship Management:

· Establish and maintain banking relationships, negotiating terms for banking services, loans, and credit lines.

· Oversee bank account structures to ensure optimal account setups and secure payment processing systems.

• Investment and Risk Management:

· Manage short-term investments to maximize returns while maintaining liquidity.

• Funding Initiatives:

· Facilitate the Finance Manager regarding capital requirements in arranging short-term and medium-term loans.

· Monitoring and optimizing cash flow to ensure liquidity for day-to-day operations.

· Evaluating the cost of borrowing and timing repayments to minimize financial costs.

• Reporting and Analysis:

· Prepare treasury-related reports and cash management dashboards for management and stakeholders.

· Conduct variance analyses for actual versus forecasted cash flows.

· Perform scenario analysis for financial modeling and stress testing.

• Compliance and Controls:

· Ensure compliance with internal controls, regulatory requirements, and company policies.

· Develop and implement controls for cash handling, transfers, and banking activities.

• Collaboration and Process Improvement:

· Collaborate with internal teams (finance, treasury, and accounting) to streamline cash management processes.

· Identify and resolve discrepancies in payment processing and bank reconciliations.

· Implement secure, efficient systems for global payments and receivables.