Treasury Associate

Roles and Responsibilities

• Prepare and consolidate short term cash flow forecasts on a bi-weekly basis and summarize in a succinct presentation format.
• Prepare long term business plan forecast and update on regular basis.
• Produce regular treasury management information reporting packs.
• Liaise with banks on daily ad hoc queries (lenders as well as operating account banks).
• Prepare regular information packs for sharing with lenders as required under the facility agreements.
• Transactional support (Payments, Hedging, LC facilities, Fixed Deposits etc).
• Reporting Requirements (Financials, Project cash flow templates, construction updates templates, compliance).
• Flowcharts (account structure, entity structure, ultimate guarantee).
• Preparing and maintaining detailed files and reports for each debt facility to include:
• Key details top sheet /Dashboard
• Project Details (IDC approvals, current status, approved/ revised feasibility)
• Preparing a complete set of facility docs in copy/ archiving
• Listing of all covenants (financial/ non-financial, positive/ negative)
• Listing of all Security details (Mortgage, DSRAs, guarantees, other collaterals)
• Assignments of receivables Listing of all Assignments (Insurance, APG, PBs etc.)
• Listing of other key items (Disposals, Dividends, cross defaults, EODs)
• Unique items (Building up of sinking funds, Cash/ Deposit under lien)

Any administrative or ad hoc duties as may reasonably be requested by management from time to time.

Assist in achievement of the following KPIs:

• 13-week CF is prepared on bi-weekly basis with forecast closing position.
• Business plan is regularly updated with the functionality to incorporate various cash flow scenarios.
• Monthly management pack, Liquidity Memo, Going Concern analysis etc. is presented in a timely manner.
• Lenders and operational bank’s queries are resolved in a timely manner.
• Timely submission of compliance and related information with lenders and security agent.
• Ensuring timely payments of Interest and hedging every quarter. Ensuring LC renewals and negotiating best Fixed Deposit rates with banks.
• Ensuring all Treasury documentation including bank mandates, Debt Covenants, security details, etc. are updated on a regular basis.
• Ensuring all ad hoc reporting requirements are met in a timely manner.
• All debt amendment documents execution version are saved on the shared drive.
• Treasury calendar is updated on a monthly basis and incorporates the debt and hedging payments in the 13-week forecast cashflows.
• Suggesting FD rollover and liquidation strategies to the management based on cashflow positions.
• Quarterly and annual compliance certificate submission to security agent for each facility.

Desired Candidate Profile

The preferred candidate for this role should possess the following experience and credentials:

• Finance based bachelor’s degree and/or accounting qualification (e.g., ACCA, ACA, CIMA).
• 3-4 years of relevant experience.
• Excellent attention to detail and project management skills.
• Proactive and forward thinking – able to challenge and question the status quo.
• Highly professional and excellent communicator at all levels of the organization.
• Understanding of key treasury & finance function deliverables.
• Ability to take ownership of tasks and operate in a results-driven environment.
• Strong analytical skills and ability to work with high volumes of data.
• Ability to deliver to deadlines.
• Strong interpersonal skills.
• Highly proficient with MS Excel.
• Previous exposure to debt financing.
• Excellent writing, communication, and presentation skills.
• Ability to use Oracle & banking portals.

This is a consultant role (11 months contract).