Treasury Manager Job Vacancy in Kenya

Treasury Manager Job Vacancy in Kenya

Job Purpose

• Forecasts and manages all cash flows, performs detailed analysis of financing requirements, supervises treasury operations and manages banking relationships.
• Is responsible for reviewing Insurance portfolio and ensuring optimal coverage.
• Prepares decision support information and reports on the credit needs of the OPCO, as well as on receipt, disbursement, banking, protection, custody of funds, securities, and other financial instruments.
• Usually operates with minimal supervision and occasional review of completed work.

Main Duties and Responsibilities

Manage cash and liquidity in order to contribute to the optimisation of profit, guarantee smooth business operations and protect the company against adverse impact on EBITDA because of currency and interest rate fluctuations:

• Develops and maintains 12 months rolling forecast
• Works closely with various functions to improve the cash forecasting effort and interest income/expense
• Analyses ways to improve the cash cycle, and where appropriate make recommendations for cost saving, propriety and efficiency
• Assists the Chief Finance Officer to effectively manage the cash
• Identifies the OPCO’s’ main financial risks (both currency and interest rates)
• Proposes, and after approval, implements a hedging strategy for managing identified foreign exchange and interest rate risks within the OPCO.
• Acts as the primary liaison between banks and insurance companies.
• Advises management on Treasury related matters.

Insurance and risk management:

• Analyses existing insurance portfolio and recommends improvements
• Coordinates risk surveys and audits requested by insurance companies
• Reviews and recommends process improvements that will enhance efficiency

Works with department managers through the development process of each budget, including monthly, quarterly and yearly reports, and exemplifies revenues and expenses.

Prepares reports on the credit needs of the OPCO as well as on receipt, disbursement, banking, protection, custody of funds, securities and other financial instruments and

Manage, Develop and motivate staff:

• Defines roles and sets performance targets for team
• Monitors and gives feedback on performance
• Identifies training needs and offers on job training
• Communicates training needs that require external facilitation to the Learning and Development Manager.

Essential Skills, Knowledge & Qualifications

• University Degree in Business, Finance or Accounting; MBA desirable ; 2 years with Advanced Degree
• Professional accounting qualification for instance, CPA or ACCA
• Excellent technical knowledge of budgeting, cash management, financial statements and financial analysis processes
• Knowledgeable of Treasury management processes
• Able to work with managers throughout company in analyzing financial situations
• Proven ability to analyse complex business issues and identify, design and implement effective practical recommendations
• IT literacy
• Able to operate in a performance driven organization
• Culturally aware and adept at working across multiple geographies
• Knowledge of English and/or French
• Substantial relevant experience in a similar role
• Fluency in English and or French
• Local nationals will be given priority, however my client will consider exceptional expatriate applications

Email CV to info@synergygloballtd.com

Deadline is 24th Oct 2010

Tweet