Job Description
Title: Manager, Treasury
Company Name: Rahimafrooz Storage Power Business
Vacancy: 1
Age: at least 25 years
Location: Dhaka
Maximum Salary: Negotiable
Experience:
∎ At least 6 years
∎ The applicants should have experience in the following business area(s):Group of Companies, Battery, Storage cell, Dry cell (Battery), Super store, Power, CNG Conversion
Published: 2 Sep 2024
Education:
∎ Master of Commerce (MCom) in Accounting, Master of Business Administration (MBA)
Requirements:
Additional Requirements:
∎ Age at least 25 years
Responsibilities & Context:
∎ Arrangement, negotiation and monitoring of credit facilities with Banks/FI’s.
∎ Preparation of weekly and monthly cash flows, bank reconciliation, repayment schedule and overall loan statement.
∎ Assist Finance & Accounts with implementation of transaction procedures and system for effective cash flow management, banking operation, leasing and safe guarding of company interest.
∎ Maintain banking/leasing regulatory requirement like insurance, stock statement, submission of financial statement.
∎ Ensure all collections and repayment with follow-up of concerned departments for smooth operation of the company.
∎ Preparing all loan rescheduling and restructuring, syndication proposals and support documents for Bank and NBFIs according to guidelines.
∎ Preparing various reply/response letters for Bank and NBFIs to maintain close co-ordination.
∎ Closely monitor the CIB issues of the bank and get update to CFO.
∎ Ensure interest rate negotiation with banks and minimize charges with different banks time to time.
∎ Review bank statement daily and provide all necessary vouchers from bank to GL team for required entries in GL on time.
∎ Intervention with bank for L/C requirement & export collection.
∎ Maintain and update loan files regularly, provide all the necessary advice to GL team for regular posting of new loans & loan repayments.
∎ Ensure daily export collection as per collection advice/sheet, provide collection letter accordingly with all the relevant documents to the bank, negotiate exchange exchange rate to ensure exchange gain on export collection against each transactions and keeping all the export proceed collection documents accordingly.
∎ Ensure proper documentation of all banking transaction in coordination with procurement and accounting/finance department.
∎ L/C schedule maintain with bank fund availability through communication with procurement demand on monthly basis.
∎ Close monitoring with bank regarding duty payment, LC retirement payment, offshore banking acceptance & maturity etc.
∎ Maintain relationship with external financial partners, interest rate negotiation, keep track of corporate payments.
∎ PRINCIPAL ACCOUNTABILITIES:
∎ Arrangement, negotiation and monitoring of credit facilities with Banks/FI’s.
∎ Preparation of weekly and monthly cash flows, bank reconciliation, repayment schedule and overall loan statement.
∎ Assist Finance & Accounts with implementation of transaction procedures and system for effective cash flow management, banking operation, leasing and safe guarding of company interest.
∎ Maintain banking/leasing regulatory requirement like insurance, stock statement, submission of financial statement.
∎ Ensure all collections and repayment with follow-up of concerned departments for smooth operation of the company.
∎ Preparing all loan rescheduling and restructuring, syndication proposals and support documents for Bank and NBFIs according to guidelines.
∎ Preparing various reply/response letters for Bank and NBFIs to maintain close co-ordination.
∎ Closely monitor the CIB issues of the bank and get update to CFO.
∎ Ensure interest rate negotiation with banks and minimize charges with different banks time to time.
∎ Review bank statement daily and provide all necessary vouchers from bank to GL team for required entries in GL on time.
∎ Intervention with bank for L/C requirement & export collection.
∎ Maintain and update loan files regularly, provide all the necessary advice to GL team for regular posting of new loans & loan repayments.
∎ Ensure daily export collection as per collection advice/sheet, provide collection letter accordingly with all the relevant documents to the bank, negotiate exchange exchange rate to ensure exchange gain on export collection against each transactions and keeping all the export proceed collection documents accordingly.
∎ Ensure proper documentation of all banking transaction in coordination with procurement and accounting/finance department.
∎ L/C schedule maintain with bank fund availability through communication with procurement demand on monthly basis.
∎ Close monitoring with bank regarding duty payment, LC retirement payment, offshore banking acceptance & maturity etc.
∎ Maintain relationship with external financial partners, interest rate negotiation, keep track of corporate payments.
Skills & Expertise:
Compensation & Other Benefits:
∎ Performance bonus, Profit share, Provident fund, Insurance, Gratuity
∎ Salary Review: Yearly
∎ Festival Bonus: 2
Employment Status: Full Time
Job Location: Dhaka
Company Information:
∎ Rahimafrooz Storage Power Business
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 15 Sep 2024
Category: Accounting/Finance
