Banking Relations and Liquidity Manager at Wakanow

Details:

You will be responsible for directly managing Group-wide banking relationships, Bank accounts architecture and in ensuring that there is adequate liquidity to meet the day to day obligations of the Group. Where appropriate, ensure that the excess cash of the Group is optimally invested in financial instruments according to the SLY principle of cash management.
Responsibility:
Liquidity and Cash Management

• Foreign exchange sourcing 
• Closure of hedge contracts from financial institutions and other counterparties 
• Development and enforcement of a Banking Services Level Agreement
• Monthly validation of Bank Charges, Interest charges etc.
• Development of a tactical plan for cash management 
• Petty cash management 
• Responsible for the daily preparation of a multi-currency cash position and cash forecast
• Development and implementation of a cash provisioning process
• Automation of cash collection processes and review of settlement risk that may exist
• Automation of liquidity planning and petty cash management processes
• Ensure immediate cash and liquidity visibility of Group-wide operations 

Banking Relationship Management

• Development of an optimal Bank accounts architecture
• Responsible for Bank accounts opening and closure; interbank and intrabank transfers, cash pooling etc.
• Management of Banking Relationships
• Engagement of Switching companies and other online payment platform partners 
• Development, enforcement and negotiation of the Price Book
• Provide Banking advisory to other business units across the Group operations.
• Provide supervisory support to the Treasury analysts
• Provide advisory support to the Head, Treasury from time to time.Experience and Professional Qualifications

Experience and Professional Qualification:

• First degree in Accounting/Finance/Economics or any other business-related subject from a reputable university 
• Master degree in Accounting/Finance or preferably an MBA from a reputable university
• Professional qualification (ICAN, ACCA, CFA, CIMA etc.)
• Minimum of 10 years related work experience 
• Experience in a multinational firm
• At least 3 years in a supervisory/management capacity 
• Experience in a Group Treasury function