Treasury Manager

PURPOSE

To oversee all aspects of the company’s treasury function, Including cash management, liquidity management, risk management, and financial planning. To develop and implement strategies to optimize the company’s cash flow, minimize financial risk, and maximize returns on investment.

KEY RESPONSIBILITIES

Cash Management:

• Manage daily cash positions to ensure adequate liquidity for operational needs.
• Monitor cash flows and forecast future cash requirements.
• Optimize cash balances by investing excess cash and minimizing idle funds.

Liquidity Management:

• Develop and implement strategies to optimize the company's liquidity position.
• Maintain relationships with banks and financial institutions to ensure access to credit facilities and funding sources.
• Assess and mitigate liquidity risks associated with changes in market conditions or business operations.

Risk Management:

• Identify, assess, and mitigate financial risks, including interest rate risk, foreign exchange risk, and credit risk.
• Develop and implement hedging strategies to protect against adverse market movements.
• Monitor and report on key risk metrics to senior management and the board of directors.

Financial Planning:  

• Develop and manage short-term and long-term financial plans to support the company's strategic objectives.
• Prepare financial forecasts and projections to support decision-making and resource allocation.
• Work closely with other departments, such as finance, accounting, and operations, to ensure alignment of treasury activities with overall business goals.

Compliance and Reporting:

• Ensure compliance with regulatory requirements and internal policies related to treasury operations.
• Prepare and file required regulatory reports, such as cash flow forecasts, foreign exchange exposure reports, and debt covenant compliance reports.
• Coordinate with internal and external auditors to facilitate audits of treasury activities.

EDUCATION AND EXPERIENCE: 

• A bachelor's degree in finance, economics, accounting, or a related field required.
• Professional certifications such as Certified Treasury Professional (CTP) or Chartered Financial Analyst (CFA) is an added advantage.
• Knowledge of the banking industry and financial products and services.
• Extensive experience implementing and maintaining treasury policies and procedures to ensure compliance with regulatory requirements
• Proven ability to evaluate and manage financial risk exposure, including interest rate risk, liquidity risk, and credit risk

SKILLS REQUIRED:  

• Effective relationship building, negotiation and facilitation skills
• Manage time effectively and work well under pressure to meet deadlines.
• Ability to identify process improvement opportunities.
• Ability to break down problems into meaningful parts and come to rational and well-thought-out conclusions.
• Internally motivated to seek out answers, generate ideas, and to develop new skills.
• Strong analytical, financial and system skills
• Good technical skills, market & product knowledge and capable of responding to change in both the working and market environment