Treasury Officer

Treasury Officer

Job Summary

Job Responsibilities 1

• Conduct daily update of bank position report.
• Perform bank reconciliations against the GL and reconciliation of any assigned clearing accounts,
• Ensure completion of journal creation for bank account transactions.
• Prepare bank exposure /facility utilization report in a timely manner.
• Handle confidential documents and other sensitive data on a daily basis, including screening data, financial records, banking and compliance information and Know Your Client sensitive materials.
• Review all payments, transfers orders, cheques to ensure compliance on standard and processes.
• Prepare other various journal entries into the system.
• Ensure all screening record keeping is up to date and securely stored in accordance with data protection laws.
• Keep track of account schedules such as Prepayments, Loans and amortization.
• Pro-actively liaise with bank representative in all banking matters and provides guidance on solutions.
• Ensure all areas of work are documented and are in line with organizational due diligence processes.
• Support the implementation of HSE initiatives, participate in safety awareness activities, and contribute to incident reporting and resolution in alignment with company and IMS policies

Job Knowledge & Skills

• Ability to analyze financial data, including cash flows, liquidity positions, and investment opportunities, to support strategic decision-making and optimize treasury operations.
• Understanding of financial risks, such as interest rate risk, currency risk, and liquidity risk, and proficiency in implementing risk management strategies and hedging techniques to mitigate potential exposures.
• Knowledge of cash management principles and techniques, including cash forecasting, liquidity management, and cash positioning, to ensure optimal utilization of funds and maintain adequate liquidity levels.
• Familiarity with banking products and services, including treasury management systems, electronic banking platforms, and payment systems, to streamline banking operations and enhance efficiency in fund transfers and transactions.
• Awareness of regulatory requirements and industry standards governing treasury activities, including financial reporting standards, tax regulations, and compliance obligations, to ensure adherence to legal and regulatory requirements.
• ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.

Job Experience