Treasurer Cluster Africa and Indian Ocean at Camusat

Job description

JOB PURPOSE

• Under the authority of Africa and Indian Ocean CAFO, the Treasurer of the Cluster:
• Guarantees the cluster's day-to-day liquidity,
• Manages, anticipates and secures cash flow by covering the financial needs,
• Ensures the financial profitability of the company by actively controlling the inflow and outflow of financial flows.

POSITION DUTIES AND RESPONSIBILITIES

• Management of flows and balances
• Participate in the management of the BFR: optimization of the Customer (DSO) and Suppliers (DPO),
• Management and follow-up of the Cluster's delinquencies,
• Daily analyze the accounts' banking positions in the different banks,
• Balance the books and invest any cash surpluses,
• Provide financing needs,
• Determine the banking position in value date.
• Budget and cash flow forecasts
• Consolidate the monthly cash budget of the subsidiaries on the basis of the knowledge of the activity and its history,
  so, assess exactly the year-end net cash flow position and net indebtedness in order to better define the external financing needs to request the banks or the head office.
• Monthly and weekly reporting
• Develop and communicate a weekly summary of the consolidated cash position, analyzing the main outflows and inflows of the week and forecasts for the coming week,
• Analyze and explain the differences between the budget and actual flows,
• Draw conclusions in terms of fees or financial products,
• Compare the accounting position and the banking position; control the correct cash transactions accounting,
• Draw conclusions in terms of 3-month forecasts and short-term financing needs.
• Investment financing
• Participate in the financing package of business acquisitions or major assets,
• Offer subsidiaries refinancing solutions by setting up loans, guarantees or recapitalization.
• Bank Relationships Management
• Set up the necessary credit lines, defined with financing plans and cash flow forecasts, in accordance with the Group's guidelines and strategy,
• Negotiate and control the banking conditions applied,
• Set up currency hedging tools suitable to the currencies used and the activity specific flows
• Manage banking powers by listing all bank signatories and updating them as soon as a signatory leaves.
• Support and internal control
• Provide technical support and expertise to subsidiaries,
• Set up, harmonize and control compliance with procedures in subsidiaries,
• Ensure the consistency of cash management procedures: accounts centralization, automatic rise of surpluses, interest-rate risk and currency hedging...
• Optimization of costs and financial products
• Control the interest statements given by the banks and check the financial interests charged by them,
• Manage the bank flows according to the specific advantages of each financial institution.
• Risk management
• Identify and quantify the risks impacting the company (interest rate, exchange, raw materials, counterparty risk, etc.),
• Evaluate the impact for the company,
• Set up hedging tools,
• Define monitoring indicators,
• Set up control procedures.
• QUALITY SECURITY ENVIRONMENT MISSION
• Respect the rules established in the framework of the Environmental Management System,
• Report any environmental non-conformity.

INITIAL TRAINING AND REQUIRED EXPERIENCE

• Business schools, finance option or equivalent acquired through experience (minimum 5 years experience on the same position),
• Master's degree in Finance, Treasury: Master's degree in Corporate Cash management or equivalent acquired by experience,
• Knowledge of the offer, specificities and regulations of the geographical area.

REQUIREMENT

• Experience the management of international multi-currency flows,
• Control of the banking transactions,
• Knowledge and exploiting of accounting data,
• Thorough knowledge of micro-computing including database tools and spreadsheets, office software (power point and word) and new information and communication technologies (NICT),
• Knowledge of cash management software,
• Knowledge of the report skills,
• Fluency in English and French.

REQUIRED QUALITIES

Very good communication / Reliability / Discretion and confidentiality / Dynamism / Pro-activity and anticipation / Availability / Leadership / Ability to persuade / Skilled negotiator / Tenacity / Ability to analyze and summarize/ Curiosity / Critical sense.