Job description :
Perform all necessary payment to suppliers / other creditors (through bank transfer / SWIFT)
Cooperates and informs the Accounting department concerning all transactions, in order to ensure accurate execution of payments
Supports in the development of the daily and monthly cash reports and collects all the necessary data from banks concerning all legal entities of the company
Support cash forecasting process
Evaluate new banking products and services Bank Account Cost & Pricing Analysis
Ensure accurate maintenance of bank account, balance, bank/Treasury systems
Support Standby Letters of Credit, CAD, etc.
Prepares the monthly bank revenue, reconciliation and expenses analysis and follows-up on the bank statement, advances, bank commissions and the charged monthly interest.
Secures that all letters of guarantee (LGs) from clients are valid and renewed on time with the correct amount (according to the agreements), in order to protect the company from potential financial losses, informing Treasury Manager for any issue of consideration
Supports Insurance function of the BU
Supports the revision of all treasury journal entries in order to ensure that all transactions are properly uploaded to the accounting system
Participates or leads ad-hoc projects that may go beyond his/hers formal account abilities, so as to satisfy and respond accordingly to business needs.
The acquisition and application of the knowledge necessary for doing the job. The breadth and depth of existing knowledge and the degree to which the employee actively seeks and acquires new knowledge are evaluated.
Has an understanding of basic concepts related to one’s area of expertise (e.g., product knowledge), sufficient to operate effectively and without frequent supervision
Applies this knowledge to key situations encountered on the job
The ability to design, plan and organize own work as well as the work of her/his subordinates (if any), and to assign priorities aiming for the timely and successful completion of the assigned projects.
Prioritizes daily activities.
Determines priorities and takes responsibility for organizing own time in order to meet goals in a timely fashion
Monitors the progress of projects which include multiple components, predetermined milestones and deadlines
The commitment to pursuit the expected end result without needing continuous supervision. Self disciplined, assumes responsibility for her/his actions and their results.
Puts in the required effort to achieve expectations at an acceptable level even when he/she feels frustration at waste or inefficiency
Expresses enthusiasm, pride in work, and demonstrates good work ethics
Puts a plan into place in order to achieve the desired result, to understand what is working and what isn’t, and to understand why problems occurred.
BSc degree in Commercial or Financial discipline from reputable university.
Courses relevant to Treasury will be considered an asset
3-5 years of experience in accounting or cash management and payments
Good knowledge of cash management and payments execution
Familiarity with banking payment system, e.g. SWIFTS or cheques
Very good communication skills
Team work and cooperation
Ability to learn and excel
Excellent command of English
Experience with Enterprise Asset Management (SAP) is an asset