Key Responsibilities:
1. Cash Flow Management: Monitor and manage the company's daily cash position, ensuring adequate liquidity for day-to-day operations.
2. Cash Forecasting: Prepare and maintain short-term and long-term cash flow forecasts, working closely with various departments to understand cash needs.
3. Working Capital Optimization: Identify opportunities to optimize working capital, including managing accounts receivable and accounts payable processes.
4. Cash Flow Reporting: Develop and present regular cash flow reports to senior management, highlighting potential cash shortfalls or surpluses.
5. Risk Management: Identify potential cash flow risks and recommend strategies to mitigate those risks, including the use of credit facilities or other financial instruments.
6. Collaboration with the Finance Team: Work closely with the accounting and finance teams to ensure accurate record-keeping and financial reporting.
7. Budgeting Support: Assist in the preparation of budgets and financial plans, providing insights into how cash flow can align with business objectives.
8. Strategic Planning: Contribute to financial decision-making by providing insights into how cash flow can support or limit strategic initiatives.
Qualifications:
1) Education: A Bachelor’s degree in Finance, Accounting, Economics, or related field. A Master's degree or professional certifications (e.g., CA, CFA) is a plus.
2) Experience: At least 6 years of experience in finance or accounting roles, with a focus on cash management or treasury functions.
3) Technical Skills: Proficiency in financial modeling, forecasting, and financial software (e.g., Excel, ERP systems, cash management tools).
4) Analytical Skills: Strong analytical abilities, with experience in interpreting financial data and making recommendations based on analysis.
5) Communication Skills: Excellent written and verbal communication skills, with the ability to present complex financial data in a clear and understandable way to non-financial stakeholders. 6) Attention to Detail: High attention to detail and accuracy, with a strong ability to spot discrepancies or issues in financial records.
Desired Skills:
I. Experience with cash flow forecasting and treasury management systems.
II. Ability to work independently and manage multiple priorities in a fast-paced environment.
III. Strong problem-solving skills and the ability to make data-driven decisions.
IV. Knowledge of financial regulations and compliance requirements.
V. Ability to work collaboratively with cross-functional teams.
