TREASURY MANAGER
INDUSTRY: MANUFACTURING
HR WORLD LTD on behalf of our reputable client, we are looking for a Treasury Manager who will be in charge of monitoring day-to-day operations while overseeing the company’s long-term financial strategy.

RESPONSIBILITIES;

• •Daily cash management.
• •Managing long-term and short-term loans within the organization.
• •Advising the Finance Controller on investment opportunities available.
• •Formulate policies and procedures that govern all Treasury operations
• •Forecast cash flow positions, related borrowing needs, and fund availability for investment.
• •Monitoring and managing the organization's bank relationship and liquidity management.
• •Managing foreign currency exposure and payments; Hedge and Minimize interest rate risk and foreign exchange risk.
• •To prepare, monitor and manage cash flow plans to ensure that financial obligations are timely met, any default risk is identified well in advance so e corrective actions are taken.
• •To focus on the working capital management to ensure that Company’s liquidity ratio remains within the policy, any deviations are brought to notice in time and corrective action is taken.
• •To ensure that necessary funds are arranged well within time to meet all the financial needs of the business in time.
• •To ensure that all the available banking facilities are used in such a way so that overall costs are not only kept in control but constant savings are achieved.
• •To keep track of the development in the Forex Markets.
• •To keep track of the various he available to cover the forex risks.
• •To keep track of the forex exposure and the due dates for the payment of commitments.
• •To ensure maintenance of proper records of vendor obligations say, register for movement of vendor invoices once processed by Supply Chain and accounted for by the Accounts payable team.
• •To keep track of due dates for vendor obligations and ensure settlement as per due dates.
• •Assist other departments with respect to customer collections, accounts payable, etc.
• •To maintain cross-functional relationships with other departments in order to improve the efficiency of Treasury processes and customer satisfaction (both internal and external).
  
  

QUALIFICATION;

• •Bachelor’s Degree in B. Com, Accounting or equivalent with CPA
• •Qualifications as an added advantage: Degree / Diploma / Certifications in Treasury Management
• •Professional registration: Registered with NBAA
• •General 6 years of working experience in Manufacturing and or Banking Industries.
• •Excellent communication skills.
• •IT literate with experience in using databases, Microsoft Office (Word, Outlook, Excel)h and SAP systems.
• •Strong ethics and a high level of personal and professional integrity.
• •Excellent personal organizational skills with the ability to multitask, and meet tight deadlines.
  
  

Interested candidates may send their CVs to recruitment@hrworld.co.tz before 29th May 2023