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Treasury Assistant Manager
Nana Direct, Saudi Arabia
Experience
1 Year
Salary
Job Type
Job Shift
Job Category
Traveling
No
Career Level
Telecommute
No
Qualification
As mentioned in job details
Total Vacancies
1 Job
Posted on
Dec 27, 2023
Last Date
Jan 27, 2024
Location(s)
Job Description
Cash Management:
- Monitor daily cash positions and forecast cash flow requirements.
- Execute cash management activities, including cash pooling, cash concentration, and electronic fund transfers.
- Prepare and review cash flow reports to ensure adequate liquidity for business operations.
- Identify opportunities to optimize cash management processes and enhance efficiency.
Treasury Operations:
- Assist in managing bank relationships and coordinating banking activities.
- Support the implementation and maintenance of treasury systems and technology.
- Oversee the processing of financial transactions, including wire transfers, payments, and funding operations.
- Review and reconcile bank statements, ensuring accuracy and timely resolution of discrepancies.
Risk Management:
- Assist in identifying and assessing financial risks, such as interest rate risk, foreign exchange risk, and liquidity risk.
- Support the implementation of risk mitigation strategies, including hedging instruments and financial derivatives.
- Monitor and report on key risk indicators, providing timely updates to management.
- Collaborate with internal stakeholders to ensure compliance with treasury policies and procedures.
Financial Analysis:
- Conduct financial analysis to support decision-making and optimize treasury operations.
- Prepare financial reports, presentations, and forecasts for senior management.
- Analyze market trends, interest rates, and economic indicators to evaluate investment opportunities.
- Assist in evaluating and implementing investment strategies to optimize returns on surplus funds.
Compliance and Reporting:
- Ensure compliance with regulatory requirements, accounting standards, and internal controls. - Prepare and submit regulatory reports related to treasury activities.
- Support internal and external audits by providing requested documentation and information.
- Maintain accurate and up-to-date records of treasury transactions and documentation.
Job Specification
Nana Direct
Information Technology and Services - Riyadh, Saudi Arabia