Our client, a leading pharmaceutical company is looking for a Head of Treasury and Cash Management who will be responsible for smooth treasury and cash management operations as a whole, which includes but is not limited to: liquidity management, treasury investments, cash forecasting, risk mitigation or any other applicable business-related duties.
Main Responsibilities: - Performs daily corporate cash management and forecasting activities, including cash positioning and funding
- Report on cash operation activities and ensures adequate liquidity for operations
- Prepare and review short term cash flow projections and provide variance analysis and recommendations for improvement
- Monitor and control corporate exposure to financial and operational risks
- Build and maintain 'cost effective' banking / financial services providers relationships
- Implement and manage systems supporting cash management activities
- Business owner of SAP Treasury roles responsible for ensuring appropriate access and providing user training
- Oversees administration of on-line banking systems
- Responsible for establishing and maintaining policies governing all Cash Management activities
- Responsible for understanding and ensuring compliance with global banking practices, including country specific regulations
- Ensure compliance with controls and reporting requirements; Monitor Bank Compliance (KYC) for all bank accounts across the group
- Quarterly reporting on global cash balances and outstanding letters of credit
- Responsible for detailed 12-month forecast including partnering with various business leads to determine ways to improve forecast accuracy
- Executes funds movement transactions as required
- Resolves cash/settlement issues and client group inquiries in a timely manner
- Gather, analyze and interpret economic, cash flow and other financial data
REQUIREMENTS Requirements (Knowledge, Skills & Attributes)
- Corporate treasury cash management experience
- At least 10 years of experience in Treasury and Cash Management
- Financial Management or Accounting Education Background.
- Must have pharmaceutical industry exposure
- Certified Treasury Professional (CTP), highly preferred
- SAP experience
- Relevant professional qualifications
- Familiarity with on-line banking systems
- Strong negotiation & ability to communicate effectively
- Ability to mentor, motivate and empower team members
- Attention to detail and accuracy, able to self-evaluate work and create culture of continuous improvement as well as an ability to use initiative and be proactive in anticipating problems when they occur
- Able to work independently as well as comfortable working with colleagues of various levels and disciplines within a cross-functional organization
ABOUT THE COMPANY Black Pearl is a progressive, dynamic and well structured HR solution provider that offers permanent recruitment services, HR consultancy, psychometric assessments, coaching and also professional training services for clients from different corporate sectors in the Middle East.
Like a rare and unique black pearl, we consider our partnership with our clients and job seekers as a fine, precious and valuable encounter that needs to be affirmed, developed and supported with a strong commitment to deliver not only the right services but the best in the industry.
Our aim is to meet and exceed the expectations of our clients, strategically offering Black Pearl services that are customized to the unique requirements of our clients and job seekers alike, resulting in effectively achieving goals and all that is required in this ever evolving and competitive market.
