11.09.2024
Treasury controller
Kisamos Shipping
Dubai, UAE
Please send your CV's: ***
Responsibilities:
Cash Flow Management:
• Monitor and manage the company’s daily cash inflows and outflows to ensure sufficient liquidity for ongoing operations.
• Forecast future cash needs and proactively secure additional funding if necessary.
• Analyze cash flow trends to identify potential shortfalls and take corrective actions.
• Minimize excess idle cash by investing surplus funds in short-term, low-risk instruments to maximize returns.
Risk Management:
• Identify and assess potential financial risks, including currency, interest rate, and credit risks, that could impact the company’s cash flow or financial stability.
• Monitor market conditions, including interest rates and currency exchange rates, and adjust hedging strategies as needed.
• Regularly review risk management practices and update them in response to changing market conditions.
Bank Relationship Management:
• Serve as the primary point of contact with banks and financial institutions, maintaining strong relationships to ensure smooth transactions.
• Resolve any issues that arise with banking services, ensuring that all transactions are processed efficiently.
• Regularly communicate with banking partners to maintain positive relationships and stay informed of any changes in services or terms.
Cash Concentration and Pooling:
• Implement and manage cash concentration systems to centralize cash from different accounts or business units, optimizing the use of cash across the organization.
• Coordinate with different departments to ensure efficient cash transfers and manage intercompany loans or transfers as needed.
• Monitor and adjust cash pooling arrangements to ensure they align with the company’s overall liquidity strategy.
• Regularly review and optimize the company’s cash pooling processes to adapt to changing business needs and financial conditions.
Financial Reporting:
• Prepare accurate and timely financial reports related to treasury activities, ensuring they provide a clear and comprehensive overview of the company’s financial position.
• Compile and analyze cash flow statements, ensuring they accurately reflect the company’s cash movements and liquidity position
Responsibilities:
Cash Flow Management:
• Monitor and manage the company’s daily cash inflows and outflows to ensure sufficient liquidity for ongoing operations.
• Forecast future cash needs and proactively secure additional funding if necessary.
• Analyze cash flow trends to identify potential shortfalls and take corrective actions.
• Minimize excess idle cash by investing surplus funds in short-term, low-risk instruments to maximize returns.
Risk Management:
• Identify and assess potential financial risks, including currency, interest rate, and credit risks, that could impact the company’s cash flow or financial stability.
• Monitor market conditions, including interest rates and currency exchange rates, and adjust hedging strategies as needed.
• Regularly review risk management practices and update them in response to changing market conditions.
Bank Relationship Management:
• Serve as the primary point of contact with banks and financial institutions, maintaining strong relationships to ensure smooth transactions.
• Resolve any issues that arise with banking services, ensuring that all transactions are processed efficiently.
• Regularly communicate with banking partners to maintain positive relationships and stay informed of any changes in services or terms.
Cash Concentration and Pooling:
• Implement and manage cash concentration systems to centralize cash from different accounts or business units, optimizing the use of cash across the organization.
• Coordinate with different departments to ensure efficient cash transfers and manage intercompany loans or transfers as needed.
• Monitor and adjust cash pooling arrangements to ensure they align with the company’s overall liquidity strategy.
• Regularly review and optimize the company’s cash pooling processes to adapt to changing business needs and financial conditions.
Financial Reporting:
• Prepare accurate and timely financial reports related to treasury activities, ensuring they provide a clear and comprehensive overview of the company’s financial position.
• Compile and analyze cash flow statements, ensuring they accurately reflect the company’s cash movements and liquidity position