Job Objective: Ensuring proper management of the assets in the organization as well as ensuring that the organization has adequate liquidity in the system to meet any obligation both internally with respect to disbursements of lease, loan transactions overhead cost of the company and externally.Job description:
To ensure disbursement of all payments company- wide and maintenance of disbursement records
Zero percent (0%) Rate on Returned Cheques due to unfunded account
To ensure accurate maintenance of finance lease disbursement records
Submit a weekly report showing that disbursements are in line with designated funding bank
To ensure there is adequate liquidity to guarantee the orderly funding of transactions and this will protect the organization against unforeseen obligations that may come even at the time liabilities are maturing
To ensure proper monitoring of all our receivables in order to identify the funding gap
Aggressively follow up on all the relevant groups for collection and generate a monthly report on all outstanding collections within the first week of every month
To ensure there is good and cordial banking relationship between the Bank and our company
Excellent banking relationship feedback and result and resolve all matters within 5 working days
Ensuring that excess fund is placed with a competitive rate, terms and conditions
Proper Monitoring of Bank credit/loan repayments ie Bank amortization schedules and lease rentals
Weekly analysis report of expected bank rental payment on every Friday of the week
Prompt response to any identified funding gap
Proper record keeping and filing of all department’s documents
Ninety Percent (90%)Turnaround time for retrival of documents
Matching of the returned cheques to the clients names and forwarding the analysis to Sales and Risk Mamagement groups
Submit weekly report to Head of Unit before the close of business
Job Requirements:
Having practical steps and knowledge on how to better manage the assets and liabilities of the company
Exhibit capacity for gap identification and quick solution in closing the gap
To understand what an excess liquidity management means as well as learn how to control financial-relationship risk
Exhibit effective and efficient use of liquidity management strategies
To develop basic treasury skills and eyes for details
Show ability to analyse and compute basic financial indices and mathematics
Being able to take decisions even on short notice
Willingness to commit oneself to a course of action in situations characterised by time or information limitations.
Independent initiation of action to influence events, processes, or practices based on a personal evaluation of conditions.
Must be thorough, with an excellent eye for details
Ability to distinguish between liquidity and profitability is very vital to treasury unit and the company
The regular provision of information to decision-makers within an organisation to support them in their work
Ability to disburse funds within 48 hours of receipt of disbursement approval for customers transactions
Above average understanding of the treasury management, asset finance industry and its economic drivers
Apply via :
www.resourceintermediaries.org
