Hamilton Lloyd and Associates Is Recruiting

Role summary:
The Treasurer has overall responsibility of managing financial assets and liabilities of the group with a view to optimizing margins. The job holder will oversee cash/ bank accounts management, liquidity management, procurement of finance from bankers, corporate finance, relationships with banks and rating agencies and financial risk management. The key objectives are to minimize idle balances, minimize interest expense and maximize yield on financial assets.

Responsibilities:

•     Managing the liquidity of the organisation and ensuring that yield on financial assets is maximized
•     Managing bank accounts, cash flow monitoring, planning, pooling and netting
•     Procurement of finance for working capital or tied to specific projects
•     Maintaining Relationship with banks and rating agencies
•     Managing financial risks within the group especially interest rate risk and foreign exchange risk to reduce volatility and ensure stability and predictability of earnings
•     Analysing the impact of financial markets on the performance of the company s financial assets and liabilities
•     Ensure availability and access to funding at the right time, price and conditions
•     Provides financial advice to the management on the group s short, medium and long term cash/funding / risk situation
•     Forecasting cash payments and withdrawals and anticipating challenges arising from cash concentration or limited cash flow
•     Responsibility for securing medium/long term finance from Investment bankers and fund managers
•     Monitors funding requirements to meet current or long term corporate objectives and negotiates with financial service providers to obtain the most cost effective source of funds Making decisions on the funding of the company s operations
•     Prepares periodic reports for submission to the Management

Key Skills and competencies

•     Excellent skills in money market dealing
•     Excellent Treasury management skills
•     Proficiency in the use of relevant computer applications for treasury management and reporting.
•     Good knowledge of financial policies and procedures
•     Good knowledge of accounting systems and practices.

Education:

•     Degree in Finance, Accounting, Business Administration or in a numerate discipline
•     Master s in Business Administration

Professional Qualification:

•     Membership of Financial Markets Dealers association
•     CFA/ICAN

Experience:

•     8- 10 years  experience in the corporate Treasury management functions of a similar organization/ in the banking industry with at least 5 years in a senior managerial role.