Prepare the daily treasury cash and debt Position Report.
Responsible for overseeing day to day treasury operation, dealing and settlement activities.
Ensure appropriate administration/execution of financial transactions with different banks according to the treasury processes.
Follow up on banks credit limits, manage and plan banks activities within the limit of each bank.
Handle Trade transactions, Documents for collection, Documentary Credit, Form 4 issuance and execution of Foreign currency payments.
FX trading to support company commercial activity.
Issue Letters of Credit and review all terms of L/Cs issued from counterparties to ensure best interest of the business.
Review & manage all incoming / issuing letters of Guarantee, terms, and expiries to secure the company rights.
Invest the surplus cash considering corporate liquidity requirements.
Oversees short and long-term debt portfolio and manage debt services, settlements and loan maturities and financial payments on timely basis.
Review all banks charges and fees deducted.
Estimate and validate interest expenses for each account.
Open new bank accounts when required and liaise with banks for necessary documentation.
Satisfy all bank requirements for facilities renewal and documentation on timely basis. Including all reporting and documentation requirements by the CBE.
Evaluate and implement treasury/cash/payments automated systems to meet the company?s needs and to optimize efficiencies.
