Our Client – in the FMCG & Manufacturing sector is urgently looking for a Treasury Assistant. Applications are invited from suitably qualified and experienced candidates to fill the position.
Purpose:
- To assist in assessing, monitoring, plan and managing the efficient utilization of cash and financial services in a manner consistent with the objectives of the Company.
Duties:
- Manage all aspects of cash flow.
- Manages and monitors daily cash management transactions
- Ensures liquidity and prepares cash flow projections.
- Forecast daily cash requirements and execute daily financing decisions.
- Responsible for liquidity management, including in-house banking and providing payments factory support, as applicable.
- Perform transactions and resolve errors.
- Manages working capital.
- Acts as an expert advisor on banking issues for the business units and other corporate functional areas.
- Manage all aspects of In-house investment portfolios.
- Review and recommend changes to the investment policies based on the market conditions.
- Understand and manage appropriate accounting procedures and processes.
- Manage relationships with financial service providers.
- Monitor bank service fees and address quality issues.
- Evaluate alternative long-term borrowing strategies and make recommendations in accordance with the capital structure guidelines.
- Liase with all departments to determine their funding requirements.
- Recommend, implement and maintain process improvements.
- Support and participate in Entity’s Strategic Plan activities.
- Additional duties as directed by the Group Treasurer
Required Knowledge:
- Solid understanding of financial analysis and statistics
- Familiarity with cash/bank management systems, Treasury Management Systems (TMS)
- Knowledge of MS Office including Excel and Word
- Knowledge of appropriate accounting and financial software programs specially ERP
- Knowledge of receivables and cash processes
- Knowledge of international cash management, forecasting, and internal controls.
Qualifications & Experience
- Bachelor Degree in Banking, Finance, Investments and Accounting.
- Professional Qualification such as IOBZ, CIMA, ACCA.
- Banking Experience would be an added advantage.
- 6-8 years of relevant experience in Treasury, Corporate Finance and Strong knowledge of Treasury Operations.
- Accounting or financial analysis.
- Supervisory experience.
- Experience with Treasury Workstations preferred.
Email CV in word format with indication of current salary and benefits details to:
Mirriam Dzapasi – mirriam@valcol.co.zw