Manager - Treasury

Job Description

Title: Manager - Treasury

Company Name: SQ Group

Vacancy: 1

Age: Na

Job Location: Dhaka (GULSHAN 2)

Salary: Negotiable

Experience:

• 5 to 7 years
• The applicants should have experience in the following business area(s): Banks, Manufacturing (FMCG), Garments, Dyeing Factory

• Bachelor of Business Administration (BBA) in Finance
• Master of Business Administration (MBA) in Finance

• Professional qualification with CMA, CFA certification will be preferred.

• 5 to 7 years
• The applicants should have experience in the following business area(s): Banks, Manufacturing (FMCG), Garments, Dyeing Factory

• This role requires knowledge and experience of cash management operations and FX exposure management, banking relationships and systems and other treasury management applications.

• The role requires strong operational and analytical skills and be a committed team player with the ability to communicate effectively at all levels within the organization.

• Review data received from businesses and prepare operating cash flows forecast report, finance cost forecast and cash budget.

• Provide early warning signals in terms of any shortfall in operating cash flow based on working capital changes during the period.

• Review receivables and payables on a periodic basis and recommend changes  to terms and conditions to stabilize cash flow, as required.

• Provide guidance to the operating teams for cascading payments and collections targets based on forecasts.

• Prepare bank reconciliation statement for all the bank accounts and share with supervisor for review.

• Track submission of all relevant export documents to bank for realization and closing invoices.

• Lead interactions with banks to ensure adherence to payment timelines; Co-ordinate with banks to obtain advices, balances, outstanding and receivable details.

• Jointly with supervisor negotiate with banks for  optimum interest rates for loan and tax credit purposes.

• Provide checklist of all pending issues with banks for redressal.

• Manage inter-company loans between the group and its subsidiaries plus between subsidiaries.

• Consolidate group liabilities, material liability statement, net debt status and circulate to the management.

• Roll out & implement digital projects, EFT, Online Banking to improve process quality and optimize resource allocation.

• Track team member performance at an individual level and provide support/ guidance wherever required to ensure achievement of yearly plans.