Role Description
This position is responsible for managing cash management operations with a focus on minimizing the organization's financial exposures related to credit, interest rates, and foreign currency fluctuations. Key responsibilities include:
- Overseeing cash flow forecasting and reporting activities.
- Implementing strategies for hedging interest rate, currency, and commodity risks, including assessment of counterparty risk.
- Managing corporate finance structure and funding activities, such as identifying funding sources and instruments, capital structure planning, dividend policy administration, investment evaluation, and portfolio management.
- Managing relationships with external funding stakeholders.
Responsibilities
- Performing cost-benefit analyses and financial evaluations of cash management tools, services, and initiatives.
- Developing and maintaining financial models.
- Generating periodic reports on the utilization of financial services across various financial institutions.
- Administering the corporate card program, including setting up new merchant IDs and user access to online portals, and processing bank account modifications.
- Preparing intercompany interest and internal banking reports for international subsidiaries.
- Tracking, maintaining, and initiating letters of credit and processing related fee payments.
- Drafting correspondence and supporting documentation for bank service updates.
- Gathering, validating, and analyzing cash forecast data to produce accurate daily, weekly, and monthly updates.
- Managing multiple concurrent projects focused on risk reduction, cost optimization, vendor management, and efficiency improvements.
- Providing backup support for Cash Analysts and Senior Analysts as needed.
- Undertaking other projects as assigned.
Key Competencies
- Strong organizational skills and attention to detail.
- Analytical capabilities with financial and technological understanding.
- A proactive and inquisitive approach.
- A collaborative work style with a broad organizational perspective.
- Excellent written and verbal communication abilities.
Experience
- Bachelor's degree in accounting, business administration, management, finance, or a related field is required.
- Experience with technology platforms is beneficial.
- 5 - 10 years of experience in finance or accounting, with specific experience in Treasury functions.
- Experience with treasury management systems and banking software. Familiarity with Kyriba-like platforms is advantageous.
- Advanced understanding of internal banking operations.
- Project management experience.
- Knowledge of key accounting and financial software applications, ERP systems, cash management solutions, and treasury technologies.
- Experience with international banking procedures and regulations.
- Familiarity with programming languages (eg, Python, R), data visualization tools (for building dashboards), or other specified technical skills is a plus.