Back-Office Treasury Manager

Full Time

BGI

Job Summary

We are pleased to announce the following vacancy for Back-Office Treasury Manager within the Finance Function in BGI Corporate Addis Ababa. In keeping with our current business needs, we are looking for a person who meets the criteria indicated below. Reporting to the Group Treasury Manager, the role holder will efficiently manage cash, funding and financial risk across the BGI Group companies in line with approved policies. This includes secure investment of cash resources as well as providing or securing the financial resources required by the company and its subsidiaries to meet their business objectives in a timely, cost-efficient and secure manner. Efficient management of all treasury operations including forex and cash management; ensuring the company has the best banking products and services for its operations; responsibility for all banking relationships as well as accurate cash flow forecasting. Ensure the payment processes for the company are in line with the regulatory requirements and the integrity of the payment process is maintained by all parties involved in the process.

2. Main Duties and Responsibilities

  • Develop and implement effective cash management strategies.
  • Optimize cash flow to meet operational needs and maximize returns on idle funds
  • Manage relationships with banks and financial institutions.
  • Negotiate banking services, fees, and terms.
  • Develop and implement investment strategies for surplus funds.
  • Monitor and assess investment performance and risks
  • Prepare and present regular reports on cash positions, cash forecasts, and treasury activities.
  • Oversee the implementation and utilization of treasury management systems
  • Coordinate with internal and external auditors.
  • Develop and maintain accurate cash forecasting models
  • Oversee foreign exchange exposure and develop strategies to manage currency risk.
  • Collaborate with international teams to address FX-related challenges.
  • Provide training to the treasury team and other relevant staff on treasury best practices.
  • Foster a culture of continuous learning and skill development.

3. Job Requirements

  • Proven experience in treasury, cash management, or a related financial role.
  • Significant experience in a managerial or supervisory capacity.
  • In-depth understanding of financial markets, investment strategies, and cash flow management.
  • Familiarity with risk management principles.
  • Strong analytical and quantitative skills.
  • Ability to analyze financial data, identify trends, and make informed decisions.
  • Excellent communication and interpersonal skills
  • Ability to effectively communicate with internal and external stakeholders.
  • Proficient in using treasury management systems and financial software.
  • Strong leadership and management skills with the ability to lead a treasury team.
  • Ensure adherence to legal and regulatory requirements
  • Excellent negotiation skills for banking agreements, investment opportunities, and other financial transactions.
  • Ability to secure favorable terms for the organization.

3.1 Education

  • Bachelor’s degree in finance, Accounting, Business Administration, or a related field.
  • Professional certifications (e.g., Certified Treasury Professional – CTP) are advantageous.

3.2 Experience

  • 8 years of accounting, banking or treasury experience preferably in an international company
  • At least 3 years of management experience

3.3 General Competencies

  • Bachelor’s Degree in finance, Accounting, Business Administration, or a related field.
  • Professional certifications (e.g., Certified Treasury Professional – CTP) are advantageous.
    3.4 Language
  • English & Amharic

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Interested applicants can apply before the closing date of the application. For more information please read the full article

Deadline: July 7, 2024

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