Vacancy title:
Treasurer

Jobs at:
Camusat

Deadline of this Job:
10 September 2018

Duty Station:
Nairobi, Kenya

Summary
Date Posted: 29 August 2018 , Base Salary: Not Disclosed , Employment Type: Full-Time

Camusat is one of the market leaders in the implementation of telecom infrastructures and one of the most experienced network developers with a history starting back in the late 40’s.

JOB DETAILS:
Treasurer Cluster Africa and Indian Ocean

•    Job TypeFull Time
  
•  QualificationBA/BSc/HND
•  Location Nairobi
  
•  Job Field Finance / Accounting / Audit
  
  

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.