Assistant Treasurer

• Handling day-to-day trade finance activities (such as Letters of credit review, and monitoring) of the company.

• Assisting Senior treasurer in monthly and Quarterly Reporting.

• Handling the day-to-day cash management activities of the company.

• Ensuring Treasury KPI are met

• Reconciliation with Group Treasury.

• Supporting the senior treasurer in the review of the LCs, bank guarantees or SBLCs.

• Supporting senior treasurer in the collection of data such as open LCs, and SBLCs for preparation of trade finance report.

• Daily monitoring of SBLC and credit limits consumption.

• Act as a back for the senior treasurer in case of his absence.

• Supporting the other departments in any trade finance-related query, following up with banks

• Support senior treasurer in coordinating with banks for the review of LCs terms and conditions, finding relevant banking schemes for confirmation, and advising of LCs/SBLCs.

• Follow up on bank fees related to LCs and SBLCs and ensure the charges are as per the agreement with the banks.

• Responsible for repatriation of funds promptly to group treasury.

• Ensuring minimum cash balance locally and at every month's end with explanations of any cash balance in the accounts.

• Petty cash / corporate cards/E-dirhams cars handling and reconciliation.

• Ensuring Global netting system uploads every month promptly.

• Daily integration of bank statements in Kyriba, correction of codification, and resolving any issues identified daily.

• Reconciliation of treasury forecast with actual in kyriba.

• Saving and circulation of daily bank statements with the accounting team and communication of receipts to the teams required internally.

• Preparation of payments to suppliers/ sending CFEs and payments in sign now.

• Assisting senior treasurer with the preparation of quarterly HFM reports required by consolidation.

• Updating interest rates such as Bank SOFR, JIBAR, etc for reporting and interest calculation purposes.

• Reconciliation of treasury current account balances and the relevant interest thereon with group treasury.

• Preparation of treasury KPIs report.

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