Company Sector: Telecom
Company Type: Large Telecom Multinational Company
Salary Range: 80K to 110K plus benefits
Position Title: Assistant Manager Treasury (Cash Management)
Location: Lahore
Essential Requirements:
— Experience in Telecom Operator or FMCG company
— Experience in Treasury or Cash Management
Job Objective:
— Providing comprehensive Cash & Bank management services in support of the company objectives.
Key Performance Indicators:
— Availability of Adequate liquidity for company.
— Availability of Best Cash & Bank Management solutions for company.
— Proper visibility to Management of company cash flows.
— Handling of Equity as per requirements of the applicable rules and regulations.
Main Responsibilities:
— Supervising Cash & Bank Management Services of Company.
— Cash flow modeling including balance sheet unwinding and credit stretch
— Preparation of all reconciliation reports. Including daily, weekly and monthly cash reconciliation with bank & cash book. Bridge the cash statement with P&L & balance sheet.
— Assisting in arranging and monitoring Cash & Bank Collection/payment Services including
— E-Banking Solution of the company and managing their roll out.
— Monitoring daily funds position to ensure their adequacy for optimum utilization of cash and bank resources.
— Preparing Monthly and Weekly Forecasts of the company.
— Preparation of movement summary and complete analysis of working capital
— Monitor and prepare short term funding requirement reports and raise flags accordingly
— Financial statement analysis, calculation of key rations and raise flags
— Money Market deposit placements, foreign exchange inward and outward remittances
— Correspondence & arrangement of required approvals from State bank of Pakistan
— Maintain complete record & analysis of financial institution’s rates (ask & bid) along with credit ratings
— Liaison with banks and legal department for handling equity issuance, registration and transfer.
— Economic Research and analysis of relevant macro & micro economic indicators
Knowledge/ Experience/ Skill:
Education Required:
— MBA, MSc in Finance, CA, ACCA, ICMA, CFA
Experience Required:
— At least 3 years of experience in Finance and Treasury.
Skill Set Treasure:
— Analytical, Negotiation and Managerial Skills.
Cash management is concerned with management of cash in such a way as to achieve the generally accepted objectives of the firm- maximum profitability with maximum liquidity of the firm.
Cash management helps to meet obligatory cash out flows when they fall due.
fdic insured sweep