ARISE IIP - Manager - Treasury

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