Cash Manager

Responsibilities:

• Cash Flow Forecasting: Develop and maintain accurate cash flow forecasts to ensure the availability of funds for daily operations, debt obligations, and strategic investments.
• Liquidity Management: Monitor daily cash positions, optimise cash balances, and invest surplus funds to maximise returns while maintaining liquidity. Minimise idle cash and reduce borrowing costs.
• Bank Relationship Management: Manage relationships with financial institutions, negotiate banking terms and fees, and stay informed about banking services that can benefit the company.
• Financial Analysis: Conduct financial analysis to assess the impact of various financial decisions on cash flow, working capital, and overall financial stability. Provide insights to senior management for informed decision-making.
• Cash Flow Reporting: Prepare regular cash flow reports, including variance analysis, and present findings to senior management. Ensure transparency in cash management activities.
• Cash Handling Policies: Develop and enforce cash handling policies and procedures to safeguard company assets and maintain compliance with internal controls and regulations.
• Risk Management: Identify and mitigate cash-related risks, including currency exchange rate fluctuations and interest rate risk. Develop risk management strategies to protect company finances.
• Cash Forecasting Tools: Implement and maintain cash forecasting tools and software to improve the accuracy and efficiency of cash flow forecasting processes.
• Ad Hoc Projects: Participate in special projects related to cash management, treasury, or finance, as needed.

Skills needed:

• Financial Expertise: Strong understanding of financial principles, cash management, and treasury operations.
• Analytical Skills: Excellent quantitative and analytical abilities to interpret financial data and make data-driven decisions.
• Cash Flow Forecasting: Proficiency in cash flow forecasting techniques and tools.
• Liquidity Management: Experience in optimising liquidity, managing working capital, and investing surplus funds.
• Bank Relationship Management: Ability to build and maintain positive relationships with banks and financial institutions.
• Financial Analysis: Skilled in conducting financial analysis and providing strategic insights.
• Risk Management: Knowledge of cash-related risks and experience in developing risk mitigation strategies.
• Communication: Strong verbal and written communication skills to report and present financial information effectively.
• Technology Proficiency: Familiarity with financial software and cash forecasting tools.
• Attention to Detail: A high level of attention to detail and accuracy in financial calculations and reporting.