Oversee forecast cash flow positions, related borrowing needs and funds available for investment
Ensure sufficient funds are available to meet ongoing operational and capital investment requirements
Advise management on the liquidity aspects of its short- and long-range planning
Oversee daily cash positioning activities including managing daily liquidity, cash position reconciliation and bank reporting
Develop cash targets to support efficient liquidity management.
Monthly cash flow comparison report with Actual vs Budget.
Rollover cash budget for 12 months
Credit Facilities and Finance Cost Preparation
Knowledge of type of credit facilities (ST/MT/TL) available from Bank, additional Islamic finance products for facilities.
Negotiation skills on bank spread rate and other charges.
To develop facilities tracker to maintain and record all loan and their calculations as per bank and loan facilities.
To monitor financial covenants
To Review Facility contract and renewal process
Risk management
Develop and lead hedging procedures to mitigate risk from currency and interest rate fluctuation by applying advanced hedging strategies.
Maintain broker database for trade clearance and counterparty risk
Develop and enforce strong internal controls and financial management policies
Managing counterparty risk by creating careful and considered policies regarding investments and deposits.
Direct the FX exposure management through cash flow, balance sheet and net investment hedging programs
Manage FX and interest-rate risk
Detail knowledge of hedging program and implementation with company policy
Trade Finance (Letter of Credit and Bank Guarantees)
Monitoring and managing bank relationships and liquidity management, Co-ordinate, and liaising with bank on the company?s trade facilities.
Manage the financial instruments (cash and derivative)
Manage large number of L/C transactions, including the issuance, amendment, and acceptance of L/C.
LC documentation through online i.e. Bank portal for same functions (Issuance/ Amendment/ Acceptance)
Liaise closely with colleagues on the LC issuance and financing (i.e. preparing Letter of Credit format for their issuance).
Ensure all work, transaction and process procedures, practices and service delivery standards are following regulatory and internal requirements
Knowledge of Bank Guarantees and to know different types of guarantees which support to business operation. Finance Guarantees including Corporate Guarantees.
SAP ERP SYSTEM and TMS (Treasury Management System) Kyriba/FIS
The automation of important financial operations using systems which facilitates communication between treasury departments and their banking partners.
SAP treasury module implementation (LC flow through the system, cash flow, live cash flow position, payments process and bank reconciliation)
The TMS knowledge and implementation of Treasury functions into the system I.e., Bank Account Management, Signatory Matrix, Debt Management and Cash Management.
Technical information related to Bank swift i.e. (MT940/MT942). To integrate the system with bank and TMS.
To prepare SOPs for each module as per implementation.
