Job Title:
Treasury Specialist
Department:
Finance Department
Work Set Up:
Hybrid
Reports To:
Finance Manager
Job Summary
The Treasury Specialist is responsible for managing the organization's cash flow, banking transactions, liquidity monitoring, and short-term investments. The position ensures that funds are properly safeguarded, available for operational requirements, and managed in accordance with approved financial policies and internal controls. Responsibilities
KEY RESPONSIBILITIES:
1. Cash Management
- Monitor daily cash balances and ensure sufficient liquidity for operations.
- Prepare cash position reports and cash flow forecasts.
- Coordinate fund transfers between bank accounts as necessary.
- Ensure timely deposit of collections and proper recording of receipts.
2. Banking Transactions
- Process and monitor bank transactions, including payments, fund transfers, and check releases.
- Prepare bank reconciliation statements on a regular basis.
- Maintain updated records of bank accounts, signatories, and banking arrangements.
- Liaise with banks regarding account issues, documentation, and other treasury-related concerns.
3. Disbursement Support
- Review payment requests for completeness and proper authorization prior to release.
- Ensure compliance with internal policies for cash disbursements.
- Monitor post-dated checks and scheduled payments.
4. Investment and Fund Monitoring
- Assist in managing short-term investments in accordance with approved investment policies.
- Monitor maturities of time deposits and other financial instruments.
- Prepare reports on investment balances and earnings.
5. Compliance and Internal Control
- Ensure adherence to treasury policies, liquidity guidelines, and financial controls.
- Support internal and external audit requirements by providing treasury-related documents.
- Maintain confidentiality and safeguard financial information.
6. Reporting
- Prepare periodic treasury reports (cash flow, bank balances, investment summaries).
- Assist in financial planning and liquidity analysis.
- Provide data to the Accounting and Finance departments as needed
Qualification And Requirements
- Bachelor's degree in Accountancy, Finance, Business Administration, or related field.
- At least 1 year of experience in treasury, accounting, or finance.
- Strong knowledge of cash management and banking procedures.
- Proficient in MS Excel and accounting systems.
- High level of integrity, accuracy, and attention to detail
Skills & Competencies
Technical Skills:
- Analytical and problem-solving skills
- Strong organizational skills
- Attention to detail
- Good communication skills
- Ability to work under pressure and meet deadlines
GROWTH AND DEVELOPMENT OPPORTUNITIES
- Opportunity to grow into senior treasury roles such as Senior Treasury Analyst, Treasury Manager, or Treasury Director based on performance and experience.
WORK ENVIRONMENT
- Ability to work independently and as part of a team
- Eagerness to learn and develop in a fast-paced environment.
EQUAL OPPORTUNITY STATEMENT
- Dermorepubliq is an equal opportunity employer and is committed to fostering a diverse and inclusive work environment.
