Job Description
- Manage the day-to-day transactions that include assurance of proper documentation flow and that proper accounting treatments are in place.
- Ensure accounting and transaction approvals are in line with the company policies.
- Responsible for managing and building the relationship of company with the banks.
- Manage the facilities and credit levels of the company and handle all the processes of facilities renewal with all banks.
- Responsible for reviewing the contracts and agreements with the banks to make sure they meet the company’s goals.
- Reconcile bank balances with statements of accounts received from all banks.
- Submit regular reports of the present financial situation, such as cash flow reports and overdraft positions on a weekly basis.
- Responsible for checking and analyzing credit interest, bank charges, in complying with the rates and fees agreed upon with banks.
- Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements (cash flow management) every month.
- Ensure that all bank transactions are recorded and maintained in the ERP system.
- Assist in the closing of accounts during the month-end at the company and divisional level within stipulated timelines.
- Handle cash management of operations by handling the daily cash transactions.
- Forecast of medium and long-term funding and hedging requirements if needed.
- Responsible for interest and debt analysis, with the provision of relevant information and reports.
- Ensure that the bank’s accounting practices, classifications, and reporting adhere to compliance and regulatory standards.
- Handle all bank transactions, & official correspondence, memos, & letters.
- Perform other financial responsibilities as and when required.
Job Requirements
- Bachelor’s Degree in Accounting- preferred English section.
- +10 years of experience in treasury accounting/cash management is needed.
- Minimum 4 years’ experience in the Import field is a MUST.
- Deep experience in bank credit facilities.
- Familiar with different rules & regulations of CBE and other financial institutions.
- Familiar with different types of bank forms, contracts, trade finance, and bank guarantees of credit.
- Advanced knowledge of treasury risks, hedging strategies, cash management, and payment methods.
- Experience in dealing with ERP accounting systems is preferable.
- Proficient in Microsoft Office applications.
- Excellent command of English, written and spoken.
- Perfect communication skills, strong presentation skills, and Analytical skills.
- Strong negotiation skills.
- Time management skills.
- Strong organizational and documentation skills