The Company:

Our client is the largest domestic multinational expanding their presence in principal international markets. They are currently looking for a Treasury officer to be based in their Bahrain Branch.

Duties & Responsibilities:

• Prepares cash positions on a daily basis. Prepares and reviews periodic cash forecasts and allocate cash to be transferred at the beginning of each period to cover operational needs
• Continuously monitors the liquidity position and its profit centers and highlights the projected funds positions on a regular basis
• Responsible for direct bank relationship management. Maintains database of global bank account details and facilitate documentation requirements
• Analyzes bank fees as related to cash and investments and make necessary recommendations to control costs
• Assists the Treasury Manager in maintaining the appropriate level of foreign currencies as per the needs
• Negotiates financial terms with banks and Finds appropriate work flows to reduce bank charges
• Prepares report that presents excess cash investments position and management fees earned on a periodic basis
• Prepares variance cash flow analysis report and highlight major variances
• Ensures treasury management reports, agreements and all other required documentations are reviewed and stored for record keeping
• Supports the Treasury Manager to administrate inter-company loans and related transactions
• Provides recommendation to enhance treasury policies and procedures
• Liaises regularly with treasury management and divisions in order to understand ongoing changes in business activities and developments
• Provides the Treasury Manager with adequate information to carry out his/her responsibilities
• Undertakes other related tasks and duties as assigned by Treasury Manager