Bank & Cash control Supervisor ( Treasury Department)

DUTIES & RESPONSIBILITIES: Secure availability of funds to finance shortHedging Foreign Exchange Risk throughout forwards and SWAPS. Handling Insurance Policies over the company’s assets. Execute the foreign currency exchange with dealers jointly with treasurerEnsure that all treasury function system is developed and in line with the company procedures.Maintain & develop relationship with banks including negotiations and contracts review. Daily Cash Management. Periodical Reports including yearly and monthly Fx. and cash flow forecasts. Follow up the position of – LCs – IBCs – DCsDaily check on our bank position and related reports.Follow up supplier transfers.Make Actual Cash flow report.Help the cashier in recording all AR entities in emergency time.Support LG and cash insurance coordinators in solving problems with BU’s.Set the plan for the bank messenger and follow-up the receipts collected.Settlement of IBC in all banks on frequent basis, and submit a report to treasurer with the statusFollow up the supplier payment and make the suitable reports.Prepare all bank requirements to open new facilities.Coordinate with insurance contractor messenger about insurance issuesFollow up the demand loanHandling monthly aging reportFollow up customs release

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