Monitoring & Control · Monitor and ensure daily the deposit of the sales proceeds. · Monitor the repayment of the borrowings. Monitor the interest of the borrowings, recording accruals for interest expense where required and perform reconciliation of interest from bank statement. · Review of bank signatories list and limit, internet banking users. And update the bank on change of signatories timely. · Manage external and internal auditor relationships with an eye towards increasing the efficiency and effectiveness of all controls. · Ensure to control and validate correctness of internet banking and electronic payments’ balance & process.
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Management & Cashflow planning · Managing day-to-day cash and treasury activities in line with the Delegation of Authority, treasury policy and manages appropriate procedures, processes and internal control environment around month-end and quarter-close activity. · Evaluate, develop and implement cash management systems to control cash and bank transactions movement on daily basis. · Understand and manage appropriate accounting procedures and processes. · Ensure 100% banks have online banking facilities and online payment facilities. · Collect bank statements from each operational bank with every 5 days interval where online banking facility is not available or in the process to convert to online banking. · Ensure bank advices (Credit & Debit) received from banks and booked on SAP system within the same transaction month. · Responsible for all foreign currency requests applications and getting approval for the same. Along with foreign currency loan requests to National Bank of Ethiopia. · Leading the preparation, control, generates and approval process of Vendor payments (Check, CPO, Bank Transfer, internet banking, petty cash) and submit with proper control over cheque books
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o BA 8 years or MBA/MA with 6 years or ACCA with 4 years of experience of which 2 years as Treasury Manager or equivalent capacities at manufacturing company or audit firm
o Hands-on experience on SAP and In-depth knowledge in International Financial Reporting Standards (IFRSs) and its application.
o Good knowledge of the Ethiopian Tax regulations.
o Fluency in English language.