The Treasury Manager is responsible for managing and overseeing the treasury functions of BRAC International Holdings B.V. (BIHBV) and its subsidiaries. This role ensures effective cash and liquidity management, monitors and mitigates financial risks, and facilitates the execution of shareholder loans and equity investments in alignment with Group policies.
Key Responsibilities:
Cash and Liquidity Management
- Monitor cash flow forecasts to ensure liquidity across the Group.
- Optimize fund utilization by managing cash surpluses and planning for shortfalls through debt or equity funding.
- Execute payments, manage bank accounts, and ensure compliance with the Delegation of Authority (DoA).
- Oversee pooling, netting, and other treasury operations to enhance cash efficiency.
- Monitor and ensure on-time collection of invoices raised by BIHBV
Shareholder Loan and Equity Investment Management
- Manage intercompany loans, including setting interest rates and terms in line with arm’s length policies.
- Collaborate with subsidiaries on shareholder loan budgeting and fund requests.
- Process and execute equity investments, ensuring alignment with strategic objectives and regulatory requirements.
- Monitor repayment schedules, interest collection, and dividend distributions.
Transfer Pricing
- Work closely with the finance team to ensure on-time invoicing to the subsidiaries relating to management fees
- Monitor collection and support the entities in case of
- Ensure compliance with Group policies, including AML/CFT and sanctions policies.
Risk Management
- Identify and mitigate currency, liquidity, and interest rate risks.
- Develop and implement hedging strategies as required.
- Ensure compliance with Group policies, including AML/CFT and sanctions policies.
Bank Relationship Management
- Maintain strong relationships with banks and financial institutions at both Group and subsidiary levels.
- Negotiate banking terms, including interest rates, transaction costs, and service agreements.
- Evaluate and select partner banks following the safe bank policy criteria.
Policy Compliance and Reporting
- Ensure adherence to treasury policies, procedures, and the Delegation of Authority.
- Maintain accurate records of bank accounts, fund transfers, and treasury transactions.
- Prepare and present periodic reports on treasury activities to senior management and the Board.
Team Collaboration and Support
- Work closely with Group Finance, subsidiary CFOs, and Heads of Finance to align treasury operations with organizational goals.
- Provide guidance and training to subsidiary teams on treasury processes and compliance requirements.
Safeguarding job responsibilities
- Ensure the safety of team members from any harm, abuse, neglect, harassment and exploitation to achieve the institution’s goals on safeguarding implementation. Act as a key source of support, guidance and expertise on safeguarding for establishing a safe working environment.
- Practice, promote and endorse the safeguarding policy among team members and ensure the implementation of safeguarding standards in every course of action.
- Follow the safeguarding reporting procedure in case any reportable incident takes place and encourage others to do the same.
Educational & Experience Reuirements:
- Education: Bachelor’s degree or Master’s degree in Finance, Accounting, Economics, or a related field.
- Experience: Minimum 5–7 years of experience in treasury or financial management, in an investment bank, consultancy/ advisory firm, financial institution, investment organization, commercial organization. Experience of microfinance will be an added advantage.
Required Knowledge, Skills & Competencies:
Technical Skills:
- Proficiency in financial modelling and cash flow forecasting.
- Strong understanding of intercompany loans, equity investments, and risk management strategies.
- Knowledge of banking systems, treasury management systems, and financial instruments.
Soft Skills:
- Excellent analytical and problem-solving abilities.
- Strong communication and negotiation skills.
- Ability to work collaboratively across diverse teams and geographies.
- Greater sensitivity to varied cultural norms and values.
Job Location: Nairobi or The Hague
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