CareerFinders, on behalf of our client, rapidly growing international transportation company, we are seeking to recruit a Treasury Manager to join their growing team based in Limassol. Reporting to the Group Finance Director, the successful applicant will primarily be responsible for building and managing an asset level treasury and payments team. Our client is seeking applicants who possess approximately 8 years of proven experience in treasury and payment operations, and holders of any relevant accounting qualifications/certifications are encouraged to apply. Excellent verbal and written communication skills in English are essential and any previous experience working in either the Shipping and/or Transportation industries will be considered an advantage.

Key Duties/Responsibilities:

• Building and managing an asset level treasury and payments team, initially 3 members in Malta and Cyprus.
• Management of the treasury operations and payment processes for the asset owning entities in the structure, including daily cash balances and transactions, call back process, payment templates, cash controls and segregation, and supporting management with workflow governance from initiation to the release of payments, additional control thresholds, user accesses, and limits.
• Track effective payment and workflow execution, remediating any issues, responsible for process resilience.
• Management of daily liquidity and funding requirements - planning and executing funding payments or withdrawals from various entities within the Group’s banks to maintain liquidity, minimize interest costs.
• Compliance with external or internal minimum liquidity requirements, in liaison with the Strategic Finance Centre’s (SFC) Controllers, and other internal or external stakeholders where required.
• Support FX management for entities in the group, planning, proposing and executing FX trades as required to enable efficient and effective business operations, minimizing costs.
• Design and propose effective and scalable treasury workflows with modern automations, including supporting future group sweep mechanisms, leveraging products & solutions agreed with management.
• Ownership over asset level cash management and utilization: management of monthly reporting on cash balances by account, type, including reporting on cash returns and trend analysis, alongside proposals for maintaining and maximising returns on cash.
• Partnering with functions within the organisation to maximize the effectiveness of treasury operations.
• Assist in the development and implementation of a treasury management system, driving the treasury and payments team’s feedback and input.
• Propose and draft internal policies and procedures as regards streamlining the settlement of liabilities.
• Project manage tasks or ad hoc business change initiatives as required, mapping processes, uncovering opportunities, and making proposals for continual improvement, including working on systems implementation and testing.
• Debt facilities management, maintaining up to date loan records supporting the wider team.
• Maintain effective relationships with key stakeholders, internal and external.
• Frequent communication with banking partners, covering among others the opening & closing bank accounts, handling of issues, fulfilling KYC requirements.
• Administration and management of the Group’s online banking portals, including periodic access recertifications, onboarding, offboarding.
• Support Controllers with independent input on cash flow forecasts, to further assist in improvements in asset level capital planning, debt management, and optimization of cash flow, budgeting and spending.
• Partner and consult with the group’s Global Treasurer where needed to confirm external requirements to enable the role to succeed in all of the above duties.
• Assisting with establishing and adherence to Company procedures, policies, controls, and filing structures.

Key Skills/Experience:

• An academic background relating to Accounting, Finance, Economics or a similar field.
• Approximately 8+ years of proven work experience in treasury and payments operations is essential.
• Any previous experience working in either the Shipping and/or Transportation industry will be considered an advantage.
• ACA, ACCA, CPA qualifications are desirable, but not essential.
• Understanding of finance, accounting rules etc…
• Previous experience managing a team with strict requirements and high standards.
• Proactive, diligent, reliable, driven and self-motivated, with willingness to adapt to changing priorities.
• Strong multi-tasking and organisational skills, delivering quality results within set deadlines.
• Willingness to develop professionally through ongoing feedback and quality improvement initiatives.
• Competent with new technologies (automation, new system rollouts).
• Rigorous, methodical, analytical.
• Project management: ability to independently manage tasks effectively, research, arrive at proposals.
• Demonstrable top performance record.
• Strong communication skills (verbal, written, presentation).
• Team collaborator that builds long term relationships.

To apply for this vacancy, please send your CV, along with any covering letter to jobs@careerfinders.com.cyquoting ERG7137. Please note that due to the high volumes of applications received only shortlisted applicants will be responded to. By sending us your CV you are giving CareerFinders your consent to be contacted for this and any other suitable vacancies that we believe match your skills and experience. To view our privacy policy, please click www.careerfinders.com.cy/privacy-policy.