bayt.com
Job Description
Deputy Manager Treasury – Finance | AGTL | Lahore, Pakistan
KEY ROLE SPECIFIC ACCOUNTABILITIES:
- Forecasting of medium and long- term funding and hedging requirements (if applicable)
- Reviewing funding needs, monthly reporting of all treasury activities to senior management
- Debt facilities management
- Interest rate risk management and development of risk mitigation strategies
- Foreign exchange risk management and development of foreign exchange risk mitigation strategies
- Ensuring that supplier payment letters / cheques are prepared and uploaded in the online cash management system on timely basis and with 100% accuracy.
- Ensuring that PF and other payroll related cheques / payments are prepared as per the given approvals and get it signed with the authorized signatories in timely manner.
- Ensure that the travelling reimbursement requests are as per the company policy with the proper approvals and preparing payment for the same.
- Follow-up with banks to ensure processing of the payments
- To resolve any discrepancy with the bank with respect to supplier payment
- To prepare bank payment vouchers at the time of transaction and maintaining filing of the same
- Arrange / prepare pay orders as requested by imports section and recording thereof in GL.
- Letter of Credit Management
- Arrange / prepare tax payments as requested by imports section and recording thereof in GL.
- Driving treasury specific projects/initiatives across the region
- Managing treasury operations and controls (cash pooling/sweeping, forex hedging etc.)
- Handling end-to-end process of Bank Account Opening and Closing including but not limited to arranging required Bank forms and co-ordinating for signatures and delivery of documents
- Handling documentation regarding any updation in bank authorized signatories
- Submission / deposit of demand drafts via sale through Bank and posting of the same in GL
- Ensure proper compliance of treasury policy in accordance with the DoA
- Ensure SOP’s relevant to the treasury function have been properly followed
Skills
Education:
- Bachelor’s degree
Minimum Experience:
- 5+ years’ experience in treasury
- 3+ Banking Sector Experience will be a big plus