Head of Treasury
6 days ago
**Job Purpose**
The role of a Head of Treasury is to oversee the management of all financial matters within the group, including banks relations, investments, cash flow, and risk management. He/She will be responsible for managing the organization's treasury function, protecting the business against currency movements, and managing the firm's Cash Flow budget in accordance with its financial objectives.
**Key Responsibilities**
- Establish organization’s cash management strategies including plans to ensure efficient use of organization’s cash and ability to raise liquidity.
- Review and validate the payment requests, check supportive documents, and process the needed approvals to ensure compliance with corporate regulations are followed.
- Execute LC’s in addition to other trade finance and banks facilities instruments.
- Lead the department's cash flow budgeting processes to acquire funds.
- Ensure that a company's cash flow is adequate to allow it to operate effectively.
- Maintain relationship building with financial institutions to support financing needs and other treasury operations.
- Frequent supervision and follow up to ensure allocating daily banking works, documents and cash transmittal.
- Negotiate bank and service fees, loan or overdraft terms with company bankers.
- Assess & analyze any new finance offers.
- Plan and report estimated cash flow on a weekly, bimonthly, monthly and quarterly basis by reviewing the funding needs, and report all the treasury activities to senior management.
- Review bank statements and bank balances, check accounts balance to ensure submission of issued PDC and follow up bank loan repayment schedule and reporting.
- Manage monthly regular payments and emergency payments and follow up to ensure formalities and compliance with polices and guidelines.
- Prepare or monitor company’s various cash flow forecasts and perform financial modeling.
- Evaluate the financial impact of new business ventures.
**Qualifications**
- Bachelor degree in Accounting/ Finance
- Certified Treasury Professional (CTP) - preferrable.
- 10 to 15 years of Treasury experience preferably in a listed manufacturing corporation.
**Salary**: From QAR1.00 per month
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