Job Description
Title: Senior Manager- Treasury
Company Name: A reputed group of companies
Vacancy: Not specific
Job Location: Dhaka
Employment Status: Full-time
Educational Requirements:
∎ Masters in Accounting/ Finance.
∎ Preferred Professional Certification: CMA, CPA, CA (Part Complete)
Experience Requirements:
∎ At least 8 year(s)
∎ The applicants should have experience in the following area(s):
Cash Flow Management, Money Market, Treasury Management, Treasury Operation
∎ The applicants should have experience in the following business area(s):
Garments, Manufacturing (FMCG)
Job Responsibilities:
∎ Manage effective and strong relationships with banks and financial institutions, including negotiation of banking services, credit facilities, and transactional arrangements.
∎ Monitor banking costs and fees, identify cost-saving opportunities, and make effective contributions for optimizing banking relationships.
∎ Monitor overdrafts, cash positions, perform cash flow analysis, projection, and propose recommendations for improving liquidity management.
∎ Manage all aspects of L/C operations, including issuing, amending, and negotiating letters of credit.
∎ Analyze variances between forecasted and actual cash flows, investigate discrepancies, and propose corrective actions.
∎ Implement and maintain strong internal controls to process payments and mitigate risks.
∎ Provide regular reports to management on cash flow projections, liquidity status, and financial risks.
∎ Effectively manage and oversee all functions and activities of the Treasury Department by deploying appropriate strategies.
∎ Ensure that the liquidity position is sound and optimally cost-effective as also requirements of funds are readily met for ongoing operational and capital investment requirements.
∎ Independently capable of conducting Treasury and Money Market deals on day-to-day basis.
∎ Capable of efficient cash flow and fund management.
∎ Forecast daily cash requirements and execute daily financing decisions.
∎ Responsible for money market operations & day to day activities.
∎ Maintain monthly CRR and SLR requirements by Bangladesh Bank.
∎ Capable of handling all Bangladesh Bank reporting related to Treasury operations.
∎ Prepare or monitor the company's various cash flow forecasts and perform financial modeling.
∎ Evaluate, develop, and implement cash flow management systems to optimize efficiencies.
∎ Evaluate alternative long-term borrowing strategies and make recommendations following the capital structure guidelines.
∎ Recommend, implement, and maintain process improvements.
∎ Lead the department's financial budgetary process to acquire funds.
∎ All other assignments assigned by the reporting superior and management
Additional Requirements:
∎ Age at least 30 years
∎ Both males and females are allowed to apply
Salary:
∎ Negotiable
∎ Attractive compensation package
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 19 Aug 2023
Company Information:
∎ 20 Jul 2023
∎ A reputed group of companies
Category: Accounting/Finance
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