Treasury Section Head

Business Line:

• Electrical Products

Location:

• 10th of Ramadan

Reporting Line:

Treasury Manager

Key Accountabilities:

• Monitor company liquidity and forecast future needs and submit recommendations accordingly
• Assist the Department Manager in managing investment and borrowings portfolios
• Receive payable requests, ensure sufficient liquidity, review payment procedures with banks, and provide feedback to the payables team
• Ensure that receivables are reflected in bank accounts and provide feedback to concerned parties on payments
• Review bank account reconciliations in light of conducted transactions
• Review treasury accounts and subaccounts and ensure proper accounting processing
• Participate in accounting quarterly closing according to accounting standards
• Review issuance of LG’s and LC’s with banks as per business needs and set process
• Regularly follow up on outstanding LG’s and LC’s until their return
• Investigate and expedite any irregularities/discrepancies at the banks to facilitate business needs
• Review treasury accounting journal entries according to accounting standards
• Develop various reports, forecasts, and metrics related to treasury activities to facilitate decision-making.

Qualifications & Education:

• Bachelor’s degree in Finance, Accounting, or Economics.
• 7- 10 years of experience in Treasury accounting with at least 2 years in a supervisory or leadership capacity.
• Experience in a manufacturing environment (preferred).
• Experience in ERP systems (SAP, Oracle)
• Strong analytical and problem-solving skills.
• Proficiency in financial modeling and analysis tools
• Excellent communication and presentation skills.