Job Status: open

Position Title: General Manager Treasury

Position Based In: Karachi & Islamabad Pakistan  

Employer / Client’s Detail: Oil & Gas Sector

Gender: Equal Opportunity Employer

Professional Qualification / Experience

Professional Qualification

CA or Equivalent

 

Professional Experience

At least 14-16 years working experience in Treasury in well reputable Organizations.

 

Job Responsibilities

• Monitors cash deficit and surplus to provide accurate projections for effective cash flows.
• Assures cash collection and cash receipt reconciliation with each other to avoid any major scarcity of cash.
• Forecast cash requirements to be used in different activities like accounts payable.
• Supervise day-to-day treasury function activities including but not limited to approval of ceiling requests, initiation of short-term investment proposals, maintaining effective & professional relationship with banks/financial institutions and accurate & timely recording/accounting of treasury related financial transactions.
• Ensure removal of any extra charge created on company’s assets against any of the present or previous credit facility from banks/financial institution.
• Formulate and implement processes for ensuring timely issuance of bank guarantees as per the approved policies & procedures of the company.
• Develop and implement strategies for ensuring adequate liquidity for working capital needs and invest short term excess cash.
• Maintain funded & non-funded limits with banks as per business requirement.
• Ensure compliance with internal controls, policies and procedures.
• Suggest improvements and monitor existing treasury operational polices.
• Supervise timely reconciliation of all main collection, disbursement and investment bank accounts.
• Formulate processes for keeping treasury wing abreast of changes or developments in relevant legislations & regulations & their implication on the company.
• Formulate the processes for ensuring accurate & timely data, analysis and information required by senior management for making informed decisions on critical issues.