Treasury Analyst

Roles and responsibilities

We are looking for a detail-oriented Treasury Analyst to join our finance team. The Treasury Analyst will be responsible for managing the company's financial assets, monitoring cash flow, and executing financial transactions.

Job Responsibility

• Oversee daily cash position and ensure adequate liquidity for operational needs. Execute cash transfers and manage bank relationships.
• Prepare cash flow forecasts and assist in short-term and long-term liquidity planning.
• Manage all documentation related to trade finance activities, including various types of letters of credit, bonds, and loans.
• Monitor unfunded contingent liabilities due for amendment, renewal or cancellation.
• Manage corporate banking structure such as account opening, amendment of bank mandates, account closing, setup of online banking and KYC documentation.
• Implement and optimize automation processes to improve efficiency and accuracy in reporting and analysis.
• Identify opportunities for process enhancements within treasury operations.
  

Candidate Requirements

• MOFA Attested Bachelor's degree in Finance, Accounting, or related field.
• Proven experience in treasury or finance roles.
• Strong analytical and problem-solving skills.
• Excellent understanding of financial markets and instruments.
• Proficiency in financial software and Microsoft Excel.
• Excellent communication and interpersonal skills.
  

Skills

Skills:

• Strong analytical skills
• Proficiency in financial modeling and forecasting
• Knowledge of cash management and liquidity strategies
• Familiarity with financial instruments and risk management techniques
• Attention to detail and accuracy in financial reporting
• Ability to work with financial software and ERP systems
• Excellent communication and interpersonal skills
• Understanding of banking regulations and compliance requirements
• Strong organizational and time management skills
• Ability to work effectively in a fast-paced environment and meet deadlines

Desired candidate profile

1. Cash and Liquidity Management

• Cash Flow Forecasting: Monitor and forecast short-term and long-term cash requirements, ensuring the business maintains adequate liquidity to meet its obligations.
• Cash Management: Optimize cash balances by managing daily cash movements, ensuring that cash is efficiently allocated across accounts or subsidiaries.
• Bank Account Management: Establish and maintain relationships with banking partners, ensuring that banking operations (such as payments, collections, and transfers) are running smoothly.
• Payment Processing: Ensure timely payments to suppliers, creditors, and employees, and manage the inflows from customers.

2. Investment and Financing Activities

• Investment Analysis: Evaluate and recommend investment opportunities, ensuring that funds are deployed in accordance with the company’s risk tolerance and financial goals.
• Debt Management: Monitor and manage the company’s borrowing, including loans, bonds, and credit lines. This includes monitoring interest rates, repayment schedules, and refinancing opportunities.
• Capital Structure Optimization: Assist in managing the balance between debt and equity financing to ensure the company has an optimal cost of capital while maintaining a strong financial position.
• Working Capital Management: Analyze and optimize the working capital cycle, ensuring that the company’s cash is used efficiently across inventory, receivables, and payables.

3. Risk Management

• Currency Risk: Manage foreign exchange risk by monitoring currency exposures and executing hedging strategies when necessary.
• Interest Rate Risk: Assess the impact of interest rate fluctuations on the company’s debt portfolio and recommend strategies to mitigate risks (such as using swaps or fixed-rate debt).
• Commodity Risk: If applicable, help mitigate commodity price risks that could affect the company's cost structure (e.g., hedging against fluctuations in raw material prices).
• Credit Risk: Monitor the financial health of customers and suppliers to assess the risk of non-payment and bad debts.

4. Treasury Operations and Reporting

• Cash Position Reporting: Prepare daily, weekly, or monthly reports detailing the company’s cash position, liquidity status, and cash flow forecasts.
• Bank Reconciliation: Reconcile bank accounts to ensure that cash balances are accurately reported and all transactions are properly accounted for.
• Internal Controls and Compliance: Ensure that treasury operations are compliant with internal policies, regulatory requirements, and accounting standards.
• Treasury System Management: Maintain and update treasury management systems (TMS) for tracking cash positions, debt, and other financial instruments.

5. Collaboration and Strategic Planning

• Collaboration with Other Departments: Work closely with accounting, tax, and financial planning teams to coordinate and ensure smooth financial operations.
• Strategic Advisory: Support senior management with financial analysis and advice regarding treasury functions, cash flow improvements, and cost-effective financing solutions.
• Mergers and Acquisitions Support: Provide treasury expertise in any M&A activities, including financing considerations and cash flow assessments.