A director of treasury typically has a wide range of responsibilities, which can include: Oversee the financial affairs of the organization and ensure they are legal and within accepted accounting practices. Work with Finance dep’t toensure that accounting records are accurately maintained and that all financial transactions are properly recorded. Ensure proper records are kept and that effective financial procedures are in place.Monitor and report on the financial health of the organization.Oversee the preparation of necessary financial reports/returns, accounts and audits. Moreover, he/she is responsible to undertake detail financial analysis and give clear picture and financial interpretation of the organization to the management.
Roles and Responsibilities
Assessing, reviewing and protecting company financial well-being
handling daily cash balances and cash flow is adequate
Undertaking project feasibility and interpret to the management for final decision
Assessing the likely impact of problems such as late loan payment and limited cash flow
making decisions about company funding options, insurance contracts and other financial issues
Reviewing financial statements and reports for accuracy, including analyzing trends in revenue sources and expenses over time
Carrying out risk management activities
liaising with the company management, bankers , insurance companies and other investors
Preparing, Reviewing and approving loan applications from seeking loans from banks or other lending institutions
Negotiating and evaluatingall credit facilities and term loans with bankers.
Monitoring cash flow forecasts to ensure that adequate cash reserves are maintained to meet company obligations, such as monthly payroll, bank loan repayment, and other payables
Monitoring interest rate risks by reviewing interest rate contracts with banks to ensure that the company will be able to meet future payment obligations
Preparing budgets for operating departments within the organization, including capital expenditures and operating costs, based on expected revenue generated from each business units
Coordinating with outside investments made by the company to determine the investment share, possible returns, risk factors, industry analysis etc..
Making strategic decisions regarding how much cash should be held in reserve to meet unexpected expenses ( contingencies) or fluctuations in income
Developing and implementing treasury policies and procedures to ensure that all fin
ancial activities are conducted in accordance with company standards
Preparing proper documentation and file system of all loan and insurance related documents
Perform other related tasks as directed by the CEO/D/Managing Director
Academic requirement: MA/MSC/BA in Accounting and Finance, Management and Business administration or related fields.
Work experience: 10/12years of experience, with at least 5/7 years of experience in managerial positions. Experience in banking industry preferably on areas of credit management, International trade and Finance area.
Desirable training: strategic resource management tools like ERP, strategic leadership, loan review and financial analysis etc.
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Job Category:Business and Administration, Management
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