Cash Management: Oversee cash flow management, including cash forecasting and liquidity planning to ensure that funds are available for operational needs.
Treasury Operations: Manage banking relationships, negotiate credit facilities, and monitor bank fees and interest rates.
Investment Oversight: Develop and implement investment strategies, including short-term and long-term investments, to optimize returns while managing risk.
Financial Reporting: Prepare and analyze financial statements related to treasury activities, including cash flow statements and investment performance reports.
Risk Management: Identify financial risks (e.g., interest rate and foreign exchange risks) and develop strategies to mitigate these risks.
Compliance and Controls: Ensure compliance with internal controls, policies, and external regulations, including Sarbanes-Oxley (SOX) compliance if applicable.
Team Leadership: Supervise and mentor junior accounting staff, providing guidance on treasury and accounting best practices.
Collaboration: Work closely with other departments (e.g., finance, accounting, operations) to support financial planning and reporting efforts.
Key Skills:
Financial Expertise: Strong knowledge of treasury management, accounting principles, and financial regulations.
Analytical Skills: Ability to analyze complex financial data and trends to make informed decisions.
Technical Proficiency: Familiarity with treasury management systems, ERP software, and advanced Excel skills.
Attention to Detail: High accuracy in financial reporting and adherence to compliance requirements.
Communication Skills: Strong verbal and written communication skills for reporting to senior management and collaborating with stakeholders.
Leadership Abilities: Capability to lead and develop a team effectively.
Education and Qualifications:
A bachelor’s degree in finance, accounting, economics, or a related field is typically required; a master’s degree or MBA may be preferred.
Professional certifications, such as Certified Treasury Professional (CTP) or Certified Public Accountant (CPA), can enhance qualifications.
Several years of experience in treasury management, accounting, or finance roles, with progressive responsibility.