Treasury Manager

The Treasury Manager is responsible for managing the company's liquidity, financing activities, cash forecasting, bank relationships, and financial risk exposures. The role ensures that adequate funding is available for operations, raw material procurement, importation, capital expenditures, and project development.

Key Responsibilities

1. Cash Management & Liquidity Planning

2. Oversee daily cash positioning and ensure sufficient liquidity for plant operations, terminal activities, and supply chain requirements.

3. Monitor cash inflows/outflows related to cement sales, clinker imports, packaging materials, spare parts, and logistics expenses.
4. Optimize cash cycles, collections, and payment scheduling to maintain healthy working capital.

5. Prepare and update weekly, monthly, and annual cash flow forecasts.

6. Banking & Financing Management

7. Manage relationships with banks, financial institutions, and credit providers.

8. Oversee loan facilities (term loans, trade finance, revolving credit lines, LC/TR/DA, trust receipts).
9. Ensure compliance with covenants, reporting requirements, and loan agreements
10. Evaluate and arrange financing for plant expansion, equipment purchases, and terminal projects.

11. Coordinate with banks for FX hedging, letters of guarantee, and project finance requirements.

12. Trade Finance & Importation Support

13. Manage Letters of Credit (LC), Telegraphic Transfers (TT), and other trade financing instruments for clinker, gypsum, coal, and equipment imports.

14. Monitor shipment documents, payment schedules, and supplier financing arrangements.

15. Coordinate with procurement, logistics, and shipping to ensure timely release of goods.

16. Risk Management

17. Identify and manage financial risks, including FX exposure, interest rate risks, and counterparty risks.

18. Implement hedging strategies when required (FX forward contracts, natural hedging, etc.).

19. Ensure compliance with internal controls and corporate treasury policies.

20. Treasury Operations & Internal Controls

21. Oversee daily treasury operations, including bank payments, cash transfers, and fund allocations.

22. Ensure segregation of duties, approval workflows, and compliance with audit standards.
23. Maintain treasury systems and improve automation of treasury processes.

24. Conduct treasury-related reconciliations and support month-end closing.

25. Working Capital Optimization

26. Monitor AR collections, credit terms, and aging of receivables from distributors and bulk customers.

27. Coordinate with Sales and Credit teams to improve collection efficiency.
28. Manage AP aging to maintain supplier relationships while optimizing cash usage.

29. Oversee inventory funding strategies (warehouse receipts, supplier credit).

30. Treasury Reporting

31. Prepare and present treasury dashboards, cash flow reports, loan schedules, and FX exposure summaries.

32. Provide management with insights and recommendations to support decision-making.

33. Ensure accurate treasury records for internal and external audits.

34. Support for Projects & Strategic Planning

35. Assist in evaluating CAPEX projects (e.g., mill upgrades, terminal expansions, conveyors).

36. Support fundraising efforts, project finance negotiations, and lender due diligence.
37. Review contracts (EPC, supply contracts, service agreements) for treasury-related provisions.

Qualifications:

• Bachelor's degree in Finance, Accounting, Economics, or related field.
• Professional certifications (CPA, CTP, CFA) are an advantage.
• Minimum 5–8 years of experience in treasury, banking, project finance, or corporate finance.
• Experience in heavy industries (cement, mining, manufacturing, construction) strongly preferred.
• Strong knowledge of banking instruments, trade finance, FX management, and cash forecasting.
• Excellent analytical, communication, and negotiation skills.
• Proficiency in ERP systems Oracle and treasury management tools.

Competencies:

• Strategic financial planning
• Strong risk assessment skills
• High integrity and accountability
• Ability to work under pressure and manage multiple deadlines