Treasurer

R squared Holding

The Treasury function ensures efficient management of the company s cash, liquidity, funding, and financial risk. In the construction sector, treasury plays a critical role in managing project-based cash flows, bank facilities, guarantees, and ensuring sufficient working capital to support ongoing and future projects.

Cash & Liquidity Management

Monitor and manage daily cash balances across multiple project and corporate accounts.

Forecast short- and long-term cash flow requirements based on project budgets, contract terms, and payment schedules.

Optimize working capital through efficient management of receivables, payables, and retention money.

Ensure timely availability of funds to meet payroll, supplier, subcontractor, and project financing needs.

Banking & Financing

Manage relationships with banks and financial institutions.

Negotiate and arrange credit facilities, overdrafts, project loans, and trade finance instruments.

Oversee issuance and management of bank guarantees, performance bonds, and letters of credit related to construction projects.

Monitor loan covenants and ensure compliance.

Treasury Operations & Controls

Implement treasury policies, procedures, and internal controls to safeguard company funds.

Approve and control bank payments, fund transfers, and cash disbursements.

Manage electronic banking platforms and ensure security of transactions.

Reconcile treasury transactions and coordinate with finance for accurate recording.

Risk Management

Identify and mitigate financial risks (e.g., foreign exchange, interest rate, liquidity risks).

Manage currency exposures on international projects.

Ensure insurance coverage for projects is in place in coordination with finance and risk teams.

Reporting & Analysis

Provide regular reports on cash position, liquidity, and debt.

Prepare treasury forecasts for management and project teams.

Support management with financial models for project bidding and feasibility studies.

Analyze treasury performance and recommend improvements in cash utilization and funding structure.