Working Capital-Treasury & Banking

VACANCY – WORKING CAPITAL – treasury & banking
Position Title:	Working Capital-Treasury & Banking
Reporting To	Head of Working Capital
Duty Station:	Nairobi, Kenya
Job Purpose
To assess, monitor, plan and manage the efficient utilization of cash and financial services in a manner consistent with the Company objectives.
Main Responsibilities and Duties
· Support effective Debt and Capital Structure Management o Organize for effective capital structure management o Follow up on upstream and downstream process in line with the Company’s liquidity needs o Execute appropriate documentation for all shareholder loans · Implement effective Working Capital management techniques in order to ensure that efficient levels are maintained at all times o Monitor efficiency levels of both components of Working Capital, current assets and current liabilities, in respect to each other. · Ensure the existence of a proper Architecture –Policies and procedures for working capital o Assist in one time Set up of 'Cash Management Process /Structure (Zero balancing/Notional Pooling) o Help disseminate treasury policies on Banking, Investment and Hedging o Administer the Working Capital approval matrix o Periodical self certification from the Company on treasury related policies & procedures · Support implementation of proper and effective Technology for working capital in Africa o Evaluate and deploy relevant technology and systems for Working Capital o Development of Working Capital Manual setting out standard practices · Ensure effective implementation of Banking Management processes across Africa o Cash management & bank reconciliation o Meet with cash management banks to plan cash management vs. the Company’s needs. o Managing investment portfolio of the organization by appropriate application of funds with an objective to maintain the required liquidity and to ensure optimum returns at minimum risk o Arranging working capital limits from various banks for the group companies, and managing overall banking relationships
Education, Skills & Knowledge:
· Bachelor’s Degree in Accounting/Finance. · MBA desired. · At least 5 years experience in finance exposure to cash forecasts and cash flow analyses preferable. · Experience in building complex financial models to evaluate various financial plans. · Experience in presenting and preparing proposals to recommend new products/services · Knowledge of investment portfolio strategy, banking, and financial instruments. · General knowledge of GAAP and SEC reporting requirements for investments and other financial instruments. · Knowledge of treasury software expertise a plus. · Advanced analytical, organization, and interpersonal skills. · Advanced spreadsheet and modelling skills. · Excellent collaboration, verbal and written communication skills. · Ability to break down problems into meaningful parts and come to rational and well-thought out conclusions. · Demonstrated strong project management skills. · Attention to detail and accuracy. · Interested in process improvement. · Willing to adapt quickly to changes in direction. · Internally motivated to seek out answers, generate ideas, and develop new skills.
APPLICATION PROCESS Interested candidates are requested to submit their applications on e-mail, together with the latest copy of CV, day time telephone number and details of their current remuneration to: recruit@idp-ea.com so as to be received on or before Friday 4th March 2011. The interview process will commence immediately CVs are received. Only candidates who meet the minimum requirements will be contacted.
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