Posted By
Posted in
Banking & Finance
Job Code
1416661
Job Objective and Overview:
- We are seeking a highly competent and experienced Manager - Treasury to oversee our treasury operations in Benin.
- The ideal candidate will have a strong background in finance, with specific expertise in treasury management, banking relationships, and compliance.
- The Manager - Treasury will be responsible for coordinating with banks, ensuring efficient disbursement of working capital and term loans and maintaining compliance with lender requirements.
Role: Manager Treasury
Industry: Textile
Department: Finance
Employment Type: Full Time, Permanent
Main Responsibilities:
Bank Coordination:
- Establish and maintain effective relationships with banks for working capital and term loan disbursement.
- Negotiate terms and conditions with banks to optimize financing arrangements.
- Coordinate with banks to address any issues related to treasury operations.
Working Capital and Term Loan Disbursement:
- Oversee the timely disbursement of working capital and term loans as per organizational requirements.
- Develop strategies to manage working capital efficiently while meeting operational needs.
- Ensure adherence to established disbursement processes and documentation requirements.
Lender Compliance:
- Monitor and ensure compliance with all terms and conditions outlined by lenders.
- Provide necessary documentation and reports to lenders as per agreements.
- Proactively address any compliance issues and implement corrective actions as needed.
Letter of Credit (LC) Compliance:
- Manage LC-related compliance with banks, including issuance, amendment, and retirement of LCs.
- Ensure accuracy and completeness of LC documentation and compliance with regulatory requirements.
Working Capital Funding Requirement Analysis:
- Analyze working capital funding requirements and recommend appropriate financing solutions.
- Optimize cash flow management strategies to minimize borrowing costs while meeting operational needs.
Job Description - Manager Treasury (Based in Benin)
Banking Compliance:
- Stay updated on regulatory changes and banking compliance requirements.
- Implement policies and procedures to ensure compliance with banking regulations.
- Conduct regular audits to assess adherence to compliance standards and address any gaps.
Skills and Qualifications:
- Chartered Accountant (CA), or Association of Chartered Certified Accountants (ACCA), or Master of Business Administration (MBA) in Finance
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Posted By
Posted in
Banking & Finance
Job Code
1416661
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