ئەفسەری خەزێنە

شرۆڤە

Job Summary The Treasury Specialist is responsible for managing the company’s daily cash operations, banking relationships, liquidity, cash flow forecasting, and payment processes. The role ensures sufficient funding for business operations while maintaining strong internal controls, compliance with company policies, and adherence to Iraqi banking regulations. Key Responsibilities Cash Management * Monitor daily cash balances across all bank accounts. * Prepare daily, weekly, and monthly cash position reports. * Optimize cash utilization and maintain adequate liquidity. * Coordinate fund transfers between company accounts when required. Banking Operations * Maintain relationships with local and international banks. * Process local and international wire transfers. * Prepare banking documentation for account opening, closing, and amendments. * Reconcile bank accounts and investigate discrepancies promptly. Cash Flow Forecasting * Prepare rolling weekly and monthly cash flow forecasts. * Analyze cash inflows and outflows. * Coordinate with Finance, Procurement, Sales, and Operations to forecast funding requirements. * Support management with liquidity planning. Payments * Review payment requests for completeness and supporting documentation. * Ensure supplier, payroll, tax, customs, and statutory payments are processed on time. * Verify payment approvals comply with the company’s Delegation of Authority (DOA). * Monitor outstanding payments and resolve payment issues. Foreign Exchange (FX) * Monitor foreign currency requirements. * Coordinate foreign exchange transactions. * Assist management in minimizing foreign exchange risks. * Maintain records of exchange rates and currency gains/losses. Treasury Controls * Ensure compliance with treasury policies and internal controls. * Safeguard company funds against fraud and unauthorized transactions. * Support internal and external audits. * Maintain proper treasury documentation. Financial Reporting * Prepare treasury reports for management. * Analyze cash trends and banking costs. * Monitor bank charges and recommend cost-saving opportunities. * Support month-end and year-end closing activities. Compliance * Ensure compliance with Iraqi banking regulations. * Maintain KYC documentation with banks. * Support AML (Anti-Money Laundering) and sanctions compliance requirements. * Ensure compliance with company financial policies. ERP & Systems * Record treasury transactions accurately in the ERP system (e.g., Odoo, SAP, Oracle). * Maintain accurate banking master data. * Support treasury process improvements and automation initiatives. Qualifications * Bachelor’s degree in Finance, Accounting, Economics, or Business Administration. * Professional qualification (ACCA, CMA, CPA, CTP, or equivalent) is an advantage. Experience * 3–5 years of treasury, banking, or finance experience. * Experience in Oil & Gas, Trading, EPC, or Construction is preferred. * Experience working with Iraqi banking systems is highly desirable. * Knowledge of ERP systems such as Odoo, SAP, Oracle, or Microsoft Dynamics. Technical Skills * Cash flow forecasting * Bank reconciliations * Treasury management * Foreign exchange transactions * Financial analysis * Advanced Microsoft Excel * ERP systems * Banking portals * Payment processing * Financial reporting Competencies * Strong analytical and problem-solving skills * High attention to detail and accuracy * Excellent organizational and time management skills * Integrity and confidentiality * Strong communication and interpersonal skills * Ability to work under pressure and meet deadlines * Risk awareness and sound judgment Key Performance Indicators (KPIs) * Daily cash position reports submitted accurately and on time. * Cash flow forecast accuracy of at least 95%. * 100% of approved supplier and payroll payments processed within due dates. * Zero unauthorized or fraudulent payment transactions. * Bank reconciliations completed within three working days after month-end. * Reduction in banking transaction costs where feasible. * No significant audit findings related to treasury operations. * Full compliance with company treasury policies and banking regulations. Location: Erbil, Iraq Department: Finance Reports To: Finance Manager / Treasury Manager / CFO