Summary
Date Posted: Saturday, December 28 2024, Base Salary: Not Disclosed

JOB DETAILS:
Job Purpose
A Treasury & Forex Manager plays a critical role in managing a company's financial operations, focusing on treasury functions and foreign exchange (forex) management

Key Responsibilities
• Treasury Management:
• Manage the company’s liquidity to ensure smooth operations and financial stability.
• Oversee cash flow planning, forecasting, and management.
• Preparation & Presentation of Daily, Weekly, Monthly and Yearly Cash Flow Projections and comparison with actuals
• Maintain relationships with banks and financial institutions for financing and operational needs.
• Optimize the company's capital structure and funding costs.
• Co-ordination with Collateral Manager
2.Foreign Exchange Management:
• Monitor and manage forex risks arising from currency fluctuations.
• Implement hedging strategies using instruments like forward contracts, options, and swaps.
• Analyze and forecast exchange rate trends and their impact on the business.
3.Process Improvement:
• Identify and implement process improvements to enhance efficiency and accuracy within the Treasury department.
• Streamline financial procedures and systems to reduce errors and increase productivity.
• Stay updated with industry best practices and technological advancements.
4.Reporting & Compliance:
• Prepare financial reports on treasury and forex operations for management and stakeholders.
• Ensure compliance with regulatory requirements and internal policies.
• Assist in audits and liaise with regulatory authorities when required.
5.Stakeholder Communication:
• Communicate effectively with internal departments and external partners regarding financial matters.
• Address and resolve financial queries and issues raised by other departments or external parties.
• Provide support and financial advice to various departments as needed.
6.Risk Management:
• Identify and mitigate financial risks, including market, credit, and liquidity risks.
• Develop and implement risk management frameworks and policies.
7.Team Management:
• Supervise and mentor a team of treasury accountants
• Conduct performance reviews, provide training and development opportunities, and address any personnel issues.
• Delegate tasks and ensure the timely completion of accounting processes and reports

Education and Professional Qualifications
CA / ACCA and CPA would be an added advantage.
Work Experience
8 to 10 years
Desired profile
· Strong understanding of treasury functions and financial instruments.
· Expertise in forex markets, hedging, and risk management.
· Cash & working capital Management
· Knowledge of accounting standards
· Communication skills: Written & Oral
· SAP ECC6 or SAP S4 HANA knowledge is an added advantage

Competency Segment “Personal”
· Assertiveness
· Problem solving
· Managing stress & work life balance
· Interpersonal Communication

Competency Segment “Business”
· Business process improvement
· Knowledge management
· Analytical Thinking

Competency Segment “Leadership”
· Conflict & negotiation
· Developing people
· Managing team collaboration & delegation

Job Experience: No Requirements

Work Hours: 8

Experience in Months:

Level of Education: Professional Certificate

Job application procedure
Interested in applying for this job? Click here to submit your application now.
• Applicants should submit their application letter and Curriculum Vitae
• Deadline: 11th -Jan-2025

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