Treasury Manager

DUTIES AND RESPONSIBILITIES Cashiering Services Ensures that daily collections are deposited in the Bank the following day by checking and reviewing the deposit slips and transactions for the day; Reviews commissions, petty cash and postage transactions and ensures that transactions are valid and properly approved prior to fund replenishment. Provides quality cashiering services by ensuring payment applications are accurate and properly posted. Payments Ensures that disbursement requests are properly approved prior to payment processing and that transactions are duly recorded in the system and with complete supporting documents. Ensures prompt release of payments to Providers, Supplier, Agents and Clients on or before the due date to achieve customer satisfaction; Ensures prompt clearing of disbursement bank reconciliation items; Reviews and approves all JVs related to disbursements. Funds Management Ensures that operating funds are available at all times to meet the various obligations of the Company. Ensures that Fund Utilization and Replenishment Requests for release to Third Party Administration (TPA) accounts are correct and duly supported with documents aside from prompt submission of the report to the account; Ensures that TPA accounts Fund Balances are positive; Coordinates closely with Collection Department on fund replenishment of TPA accounts; Ensures prompt clearing of collection bank reconciliation items; Reviews and approves all Journal Vouchers (JVs) prepared relative to all transactions of the Department namely investments, TPA transactions, collection transactions. Investment Transactions Determines availability of funds for investment. Recommends best investment from among alternatives, coordinates with Banks in the placement of funds. Ensures that excess funds are promptly invested on high-yielding rates so as to maximize available funds through interest earnings. Cash Management Reviews and approves the Daily Collection Report of Head Office. Reviews and approves the Collection Report from all Collection Centers. Reviews and approves the Cash Position Report and Investment Report. Exercises the following responsibilities within the limit of authority: Approves accounts payable vouchers for various cash fund replenishments; Pre-approves fund transfers of excess funds from one account to the other; and Pre-approves request of Investment placements. Other Operational Activities Formulates, recommends and implements changes in policies and/or existing systems and procedures to address changing work/corporate requirements. Prepares the department’s annual budget, reviews and controls department activities/expenses to ensure that it is within the approved plans and budget. Plans and coordinates with the Junior Manager the activities of Payments Section Controls workflow to eliminate backlogs and bottlenecks and approves overtime requests if the need arises; Answers email queries coming from both internal and external Clients relative to the Department’s operations; Manages Office personnel as follows: implements all management policies relative to Human Resource Management; regularly assesses manpower requirements of the Section versus work volume and work targets; initiates requests and/or present recommendations for manpower and other resources in order to meet goals and work targets; determines qualifications of manpower needed and evaluates applicants based on set qualifications; selects applicants suited for the job at hand; orients new employees in the department on his duties and responsibilities; addresses employee queries on Company policies and benefits, resolves grievances, and employee conflicts, if any; evaluates the performance of all employees and determines the appropriate ranking for the performance appraisal period; monitors compliance of all employees to Company personnel policies and procedures; and enforces discipline in the work at all times; imposes disciplinary action whenever necessary in accordance with Company policies and procedures QUALIFICATIONS University degree in Accountancy or related field, Financial Management, Business Administration, Entrepreneurship At least 5 years experience in a managerial position preferably in Treasury operations · Experience in handling funds for investments in Bank high yielding funds or in the capital market Knowledge of MS Office applications · Exposure to investment transactions · Knowledge in basic Accounting and Tax Regulations WORKING ENVIRONMENT Office based Visits banks and clinics (once a week) Works beyond office hours to meet deadlines #J-18808-Ljbffr