Treasury Accountant

Aayan Developments

Treasury Operations and Daily Cash Management
Plan, organize, and oversee daily treasury activities, including cash management, credit monitoring, data entry, reporting, settlements, reconciliations, and supporting documentation.
Update the daily cash position across all bank accounts to ensure accurate tracking of available liquidity.
Monitor daily cash balances, process bank transactions, and ensure sufficient liquidity to meet operational and financial obligations.

Cash Flow Planning and Forecasting
Review and assess short-term and long-term cash flow and funding requirements to support business continuity and financial efficiency.
Develop and maintain cash flow forecasting models to ensure adequate funds availability at minimal financing costs and risks.
Analyze treasury-related data and prepare reports, including cash forecasts, debt positions, and contingency reports for internal use and shareholder reporting.

Bank Relations and Credit Facilities
Maintain regular communication with financial institutions to manage and optimize banking relationships.
Ensure the timely execution of cash transactions and adherence to credit line conditions to secure and stabilize financing arrangements.
Update and maintain Know Your Customer (KYC) documentation with financial institutions to ensure uninterrupted access to banking facilities.

Reconciliations and Financial Accuracy
Perform daily bank reconciliations and review interest calculations on credit and debit transactions to detect and resolve discrepancies.
Investigate and correct errors or inconsistencies in financial transactions and reports, ensuring accurate and timely financial records.

Foreign Currency Management and Risk Mitigation
Manage and report on the organization's foreign currency exposures to reduce volatility and protect margins.
Process foreign currency payments and conduct scenario and risk analyses to evaluate potential impacts on cash flow.
Develop and implement risk mitigation strategies, particularly for foreign exchange risk.

Controls, Compliance, and Audit Support
Ensure that treasury activities comply with internal policies, procedures, and relevant regulatory requirements.
Liaise with internal departments, statutory bodies, and auditors by providing timely and accurate treasury-related documentation and support.
Identify financial risks related to treasury operations and contribute to the development of appropriate control measures.

Strategic Cash Management
Drive improvements in cash management practices, including the enhancement of cash pooling structures and optimization of cash positioning.
Ensure that financial obligations are met on time in alignment with company policies and strategic goals.

Additional Responsibilities
Perform other related duties as assigned, aligned with the scope of the treasury function and overall financial objectives.