Duties and responsibilities: 

• Manage, among other things, cash flow, transfers, and payments, investments, and cash projections.

• Oversee the stock portfolio of an organization.

• Plan and carry out corporate strategies and risk management initiatives.

• Oversee all aspects of the company’s treasury management.

• Propose for banking and financing services to be elicited and evaluated.

• Give the current cash position, a projection, and an analysis.

• Keep estimate of the cash and CP amounts accurate.

• Monitor and handle all international cash balances effectively.

• Present accounting reports and monthly cash to the accounting team.

• Control business cards, ACH withdrawals, merchant credit cards, and lock boxes.

• Make sure to look into outsourcing and electronic payments.

• Manage company guarantees, letters of credit, and foreign credit lines.

• Help Tax plus law firms on banking and transactional matters related to the establishment or restructuring of international entities.

• Maintain each international bank account under your supervision and update the signatures.

• Serve as the bank software tools’ security administrator.

• Develop, oversee, and improve the budget for the Treasury Department.

• Create a weekly projection of both cash receipts and outgoings for your daily cash position report.

• Assist in managing short-term investment balances and recording interest.

• Examine financial markets to spot inflation, interest rate, and other patterns that may have an impact on the business’s profits or capital needs

• Make suggestions for modifications to the company’s treasury procedures, such as interest rate risk management or cash flow forecasting

• Maintain communication with banks and other financial organizations to make sure the company has enough cash on hand for emergencies.

• Prepare legal reports on the organization’s cash flows and liquidity conditions for senior management or regulators.

• Create and preserve connections with banks and other financial organizations to negotiate advantageous interest rates while issuing loans.

• Establish and maintain connections with outside financial experts to receive guidance on market trends or liquidity positions, such as investment banks.

• Assess investment possibilities to identify how they might affect the organization’s cash position.

• Reduce the company’s exposure to foreign exchange risk by hedging against currency volatility.

• Prepare financial reports, such as cash flow predictions, balance sheets, and income statements, to assess the effectiveness of the organization’s treasury function.

• Stabilize between integration and the liquidity providers.

• Develop and put into effect policies and practices for treasury operations.

• Carry out routine group financial management and forecasting tasks

• Organize and oversee the daily cash position of the organization.

• Manages the day-to-day liquidity, including making sure there is enough liquidity across all group entities.

• Offer daily, weekly, and monthly liquidity and cash reporting.

• Prepare & Manage  Bank Reconciliation of all Group Banks

Job Requirements

Qualifications

• Accounting, Business, Finance, or Management degree from a university (preferred).

• Certification in professional accounting, CPA Inter preferred

• Ten years of relevant experience as a Treasurer in FMCG & Agri Industry

• Cash management activities and cash flow forecasts.

• Knowledge of Treasury Management Systems and cash/bank management systems.

• Extensive familiarity with Microsoft Office.

• Written and vocal English proficiency.

• Knowledge of statistics and financial analysis.

• Expertise in internal controls, forecasting, and international cash management.

• The capability of working in a group setting.

• Capability to collaborate with and support a global matrix team.

• Organizational and interpersonal skills.

• The capacity to work autonomously, self-manage, and coordinate multiple deadlines.

• Attention to detail with a broad perspective

• Written and verbal communication abilities.

• Knowledge of Peachtree, Sage Pastel , SAP or Oracle Software preferred

Essential Skills

• Solving issues

• Communication

• Banking connections

• Management of Cash

• Leadership

• Forecasting

• Regulatory compliance

• Management of Investment Portfolios

• Flexibility

• Accounting

How to Apply

Submit your applications via email: tradingcompany@ethiojobs.net