Position: Back-Office Treasury Manager
Job Overview: We are excited to announce an opportunity for a Back-Office Treasury Manager in the Finance Department at BGI Company in Addis Ababa. To fulfill our current business requirements, we are seeking a qualified candidate who will report directly to the Group Treasury Manager. This role involves efficiently managing cash, investments, and financial risks across BGI Group entities, adhering to established policies. Responsibilities include ensuring the secure investment of cash resources, facilitating financial sourcing, overseeing treasury operations including foreign exchange, optimizing banking relationships, and ensuring compliance with payment regulations.
Key Responsibilities:
- Develop and execute effective cash management strategies.
- Optimize cash flow for operational needs and maximize returns on excess funds.
- Maintain relationships with banks and financial institutions.
- Negotiate banking services, rates, and terms.
- Develop and implement investment strategies for surplus funds.
- Monitor investment performance and evaluate risks.
- Prepare regular reports on cash positions, forecasts, and treasury activities.
- Supervise the implementation and utilization of the treasury management system.
- Coordinate with internal and external auditors.
- Develop and maintain accurate cash forecasting models.
- Manage foreign exchange exposure and devise risk management strategies.
- Collaborate internationally on foreign exchange challenges.
- Provide training on treasury best practices to team members and relevant staff.
- Foster a culture of continuous learning and professional development.
Requirements:
- Demonstrated experience in treasury, cash management, or related financial roles.
- Significant managerial or supervisory experience.
- Profound knowledge of financial markets, investment strategies, and cash flow management.
- Familiarity with principles of risk management.
- Strong analytical and quantitative skills.
- Excellent communication and interpersonal abilities.
- Proficiency in treasury management systems and financial software.
- Strong leadership and management skills.
- Compliance with legal and regulatory requirements.
- Exceptional negotiation skills.
Education:
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
- Professional certifications such as Certified Treasury Professional (CTP) are advantageous.
Experience:
- Minimum of 8 years’ experience in accounting, banking, or treasury, preferably in an international context.
- At least 3 years in a managerial capacity.
Language Skills:
- Proficiency in English and Amharic.
Job Details:
- Employment Type: Full-time
- Job Type: Permanent
- Location: Addis Ababa, Ethiopia
- Application Deadline: July 7, 2024
