Manager-Treasury

Select how often (in days) to receive an alert: Create AlertTo support the Director Treasury in handling overall treasury operations including relationship management with banks, cash management and forex hedgingWork in close coordination with Director Treasury and develop / maintain strong banking relationships outside UAEDevise mechanisms to handle long term loans for projects with huge CAPEX requirementEnsure timely mobilisation of working capital and term funds on optimum termsWork in close coordination with Director Treasury to devise innovative financing options, negotiate with banks and use funds effectively to ensure savings in financial costs and bank chargesSupport the Director Treasury in all related activities like consolidation, analysis and forecast of IFFCO’s cash flow, maintain relationship with banking and credit rating agenciesSupport the Director Treasury in evaluating and managing of interest risk of IFFCO. Provide support in the evaluation and monitoring of any investment decisionsSupport the Director Treasury in Working Capital Management including short, medium-and long-term cash flow forecasting framework, strategic and operational cash flow forecasting, cash flow forecast performance analysisAssist in planning, organizing and controlling all operations of Cash Management. Monitor overall cash position including reporting of cash balances on a daily basis, review of aggregate cash position, identification of short term cash requirements or surpluses, identification of petty cash reconciliationsManage short term cash requirements and surpluses including determination of cash deficits and surplusMonitor group term loans and working limit and negotiate with different banks for a surplus cash pooling facility whenever necessaryCalculate cost of funds for the group and devise mechanisms to reduce the working capital costsConduct benchmark studies of banks and their services to evaluate as per IFFCO’s requirementsPerform KYC to identify and verify the identity of the bankWork in close coordination with the Director Treasury and ensure that non-USD, non AED exposure is hedged in an effective and appropriate mannerDevelop relationships with new banks for trade financing and handle trade financing activities of the business unitsEnsure successful implementation of all new regulatory and statutory reporting requirements in respect of Treasury and ensure compliance with the credit policy for various banksEnsure all transactions related to cash and bank are posted in books of accounts and reconciled in a timely manner with a high degree of accuracyUnderstand leading practices and trends in terms of treasury management. Evaluate best practices and support the Director Treasury in implementation of the same across IFFCOKPIsCycle time for providing fundsRelationship building with banksDeviation from projected cash flowsAverage returns on investments compared to last yearCost of fundsWork experience requirement8+ years of related experience preferably within a large group with exposure of handling huge volumes of cashQualificationCA or Masters in Business Administration with specialisation in FinanceOwnership & Result OrientationCapital Markets AnalysisHedgingMicro and Macro Economic Indicator AnalysisFund RaisingNegotiation SkillsSelf and Team ManagementPlanning & Decision MakingStrategic ThinkingChange ManagementBusiness Unit: Corporate-Group Treasury (4204)#J-18808-Ljbffr