Job Description :
The general objective of the job:
The Treasury and Collections Manager is
responsible for managing all activities related to the company’s cash,
financing, and collection, which includes managing bank facilities, cash flows,
bank loans, liquidity, financing sources, financial risks, and collection, in
addition to managing banking and insurance relations with the aim of
contributing to maintaining high liquidity ratios and a cash position that
allows the company Commitment to its short-, medium- and long-term cash
commitments. In addition, ensure that all payments have obtained the necessary
approvals according to the approved financial authority schedule.
Prepare the
necessary work plans and programs to carry out the tasks of the collection
department, supervise their implementation, and ensure that collection work is
carried out for all receivables owed by debtors through the implementation of
approved work programs and plans and collection programs.
Participate in developing the main
objectives and setting treasury management policies, directly supervising the
planning and organization of treasury management work and following up its
operations in accordance with the operational plans and operational programs
prepared, following up on all approved administrative processes, and ensuring
the availability of all technical and human resources that ensure the daily
operations run as efficiently and effectively as possible.
Essential
tasks and responsibilities:
-Leadership and administrative supervision:
- Administrative supervision of
administration employees and the work assigned to them.
- Setting goals related to management and
workers and monitoring performance.
- Participate in preparing and implementing
policies and procedures related to the treasury.
- Participate in developing the financial
management action plan.
- Preparing the annual budget for the
administration.
Processes :
- Monitoring reports on the company’s
current cash flow status and expectations of future cash flow development.
- Managing short-term investments.
- Supervising the list of authorized
signatories with banks and making changes according to the Board of Directors’
decisions to amend the financial table of powers
- Acting as a reference regarding reviewing
all payment orders and ensuring that all approvals have been obtained before
transferring funds.
- Collect, consolidate, and monitor reports
on the current financial situation and future expectations of the company’s
cash flow on a periodic basis.
- Follow up on the financial markets, and
notify the executive management regarding fluctuations in currency and interest
rates, and the latest developments that may affect the monetary situation.
- Managing cash flow and all bank credits,
and ensuring the availability of the financing required to achieve short-term
business goals.
- Controlling, supervising, and maintaining
the petty cash fund.
- Developing and supervising the
implementation of banking transaction policies and managing the company’s
banking relationships.
- Supervising the financing needs and
managing all the company’s facilities in coordination with the relevant
departments.
- Managing excess liquidity, and
recommending appropriate investment opportunities to achieve a balance between
profitability and liquidity.
- Communicating with banks and financial
institutions regarding direct borrowing.
- Reviewing the agreements concluded by the
company and determining and securing the required cash flow.
- Develop and implement the company’s
policies, procedures, and cash flow reporting models.
- Ensure implementation of department
policies and procedures.
- Any other tasks assigned to him that do
not conflict with his job.
Competencies
and skills:
-Technical competencies and skills (specialized).
-Extensive knowledge in the field of
payments and banking operations.
-Good knowledge of international accounting
and financial reporting standards.
-Extensive knowledge in the field of
applicable laws and regulations related to matters of payments, financial
settlements, and banking.
-Knowledge of computer programs and
specifications for payment tools and technologies, including automated and
online payments, automated clearing operations, and financial transfers between
banks.
Academic qualifications
and practical experience:
- Bachelor's degree in financial management
from an accredited university.
- Experience in working in a joint stock
company of no less than 7 years, including as a treasury manager.
- Banking experience in the field of
treasury and documentary credits.
- Training courses in specialization.
It is preferable to have professional
certificates such as Certified Public Accountant (CPA), CMA, and ACCA.
- Fluent in Arabic and English.
Skills
Behavioral competencies and skills:
- High ability to plan and organize.
- High ability to analyze and draw
conclusions.
- The ability to evaluate, motivate, and
develop the performance of his subordinates.
- The ability to think analytically and
solve problems.
- Efficiency and effectiveness in managing
various resources.
- The ability to manage the work team and
follow up on its achievements.
- Initiative and development of work
methods.
- Effective verbal and written
communication skills.
- Business management, effective planning
and time management, the ability to develop, innovate and improve work,
negotiation skills, and good behavior
- Proposing the necessary systems and
procedures to contribute to improving performance and developing work
-Constructing an advanced database related
to debtors and following up on its updating and development
- Follow up on the collection of accounts
receivable and debtors carried out through the department as well as through
other parties
- Submitting weekly, monthly, and annual
reports on work progress to the direct manager, including development proposals
-Contributing to developing plans to
develop and raise the efficiency of collection.
