Senior Treasury Officer

Client of hirelebanese

Key Responsibilities

• Cash & Liquidity Management
• Monitor daily cash balances and ensure sufficient liquidity for operational and strategic needs to maintain a clear picture of overall cash requirements.
• Manage cash forecasting and variance analysis for multiple ongoing projects
• Coordinate with departments to anticipate cash requirements.
• Ensure adequate funds are available for operations, project payments
• Banking Operation & Relationship
• Manage relationships with local and international banks.
• Negotiate favorable banking terms, facility limits, and service fees.
• Ensure all banking operations comply with internal policies and contractual obligations.
• Manage company-wide funding activities including loans, credit facilities, and overdrafts.
• Coordinate with banks for new financing arrangements and renewal of existing facilities.
• Monitor interest costs, loan repayments, and covenant compliance.
• Project Funding
• Liaise with project teams & Accounts receivables to plan funding requirements and payment schedules.
• Manage bank guarantees, letters of credit (LCs) advance payment guarantees, and performance bonds for company projects.
• Handle supplier and subcontractor payments while maintaining compliance with project budgets and financial policies.
• Treasury Operations & Controls
• Oversee the processing and approval of all treasury transactions, including payments and transfers
• Process payments requested by the Accounting Manager, ensuring accuracy, completeness of documentation, and compliance with company approval procedures.
• Implement and maintain treasury policies, procedures, and internal controls.
• Supervise bank reconciliations and ensure timely resolution of discrepancies.
• Ensure proper recording of treasury transactions within the ERP or accounting system.
• Analysis & Reporting
• Prepare and present periodic treasury and cash flow reports for management.
• Analyze variances between forecasted and actual cash flows and provide explanations or corrective actions.
• Monitor and mitigate financial risks related to cashflow and recommend preventive actions when possible.