Savola is seeking to hire Treasury Assistant Manager
Location: Cairo ,Egypt
Responsibilities:
· Controlling the treasury function and day to day operations for Business Unit being the focal point of communication between the organization and banks to make sure smooth flow of operations.
· Support in managing the authorized lines of credit with banks and reviewing facilities contacts
· Maintain up-to-date reports for borrowings, bank facilities loans, overdraft accounts and control the Drawdowns and pay-off on its due dates to secure the cash and minimize the interest rate
· Establish and maintain a strong and competitive working relationship with all banks to ensure achievement of company’s goals related to growth
· Responsible on with all payments and following up with banks to ensure timely execution
· Coordinate the issuance and renewal process of letters of credit, letters of guarantee and ensure compliance with company’s policies and procedures
· Reviewing all incoming / issuing letter of Guarantee conditions / expiries to secure the company rights
· Reviewing all incoming / issuing letter of credit conditions / terms to secure the company rights.
· Ensure that transactions in the treasury management system on ERP are recorded and maintain it up to date
· Preparing the needed treasury reports like IFRS, Cash Flow projections & Daily Cash Position reports.
Requirements:
· Bachelor’s degree in Finance / Accounting
· 4-6 years relevant experience in multinational or big local companies
Submit your resume max by 14th October 2022 mentioning the job title in the subject to our recruitment team email: scareer@savola.com
