The Treasury Accountant shall take ownership across areas of cash management plus the payment processes, banking facilities and obligations across the business entity. The Treasury Accountant shall be heavily focused towards the management of any financing and loan documentation and/or administration points whilst also overseeing all activities linked to Trade Finance, any LC issuance, Bank Guarantees and all subsequent payment cycles. The role shall also be geared towards all liquidity management controls coupled with overseeing the foreign exchange hedging and exposures across the organization. Finally, this Accountant shall also interact to oversee, as the correspondent, to manage daily relationship with any banking and/or financing partners.
Duties/Responsibilities:
- Processing of payments for the region and its subsidiaries
- Processing bank reconciliation monthly and reporting as part of the standalone closing process
- Updating weekly cash position report showing the existing balance for all bank accounts and presenting the expected cash inflow and outflows over a period of time
- Issuing monthly cash flow report and updating the cashflow forecast
- Issuing all kinds of guarantees and bonds for Egis projects, dealing directly with business development, project finance, project development, and the operations teams for any request related to guarantees
- Following up on the renewal, termination, and amendments in bank guarantees
- Archiving all guarantees documentation
- Handling all relevant communication with banks
- Preparing a monthly bank guarantees status report showing all guarantees related to Egis’ projects, their values, type, purpose, term, and forecast
- Handling debt facility arrangements with the group treasury team and banks
- Maintaining reports for the region debt facilities
- Maintaining the Working capital report, monitor the monthly DSO by country
- Following the Cash pooling operations
- Supporting the month-end closing process where needed