Responsibilities:
Cash Management:
Monitor and manage the company's daily cash position, ensuring adequate liquidity to meet operational needs.
Develop and implement cash forecasting models to optimize cash flow and minimize borrowing costs.
Coordinate and execute cash movements, including transfers, payments, and funding requirements.
2.Bank Relationships:
Manage relationships with banks, financial institutions, and other external partners.
Negotiate banking services and fees, ensuring favorable terms for the company.
Stay updated on banking products, services, and industry practices to identify opportunities for improvement.
3.Investment Management:
Develop and execute investment strategies to optimize the company's excess cash.
Evaluate investment opportunities and make recommendations based on risk-return analysis.
Monitor investment performance and provide regular reports to management.
4.Risk Management:
Identify and assess financial risks, such as interest rate risk, foreign exchange risk, and credit risk.
Monitor market trends and regulatory changes to proactively manage risks and ensure compliance.