Cash Manager

Purpose

• As Cash Manager, you coordinate the team members who forecast and manage liquidity to optimize treasury cash efficiency and returns. Your role is crucial to ensure that the organization has enough liquidity to fulfill its financial obligations and execute the bi-weekly payment campaigns. You are the main contact for third party institutions and banks that provide cash management activities and you coordinate them efficiently to manage overall costs. You champion compliance within your team.

Responsibilities

• 1. Supervising Cash Management department activities, such as:
• Reconciling bank account balances
• Executing fund transfers and payment processes via ebanking systems and bank connectivity
• Codifying movements in the Treasury System with accurate ledger entries
• Generating weekly cash, foreign currency, and interest rate reports
• Handling bank account openings and closures
• Forecasting cash flow and managing short-term investments
• 2.Developing Treasury Procedures:
• Designing and implementing cash management procedures
• Establishing key performance indicators (KPIs) and monitoring their effectiveness
• 3.Ensuring Compliance:
• Adhering to Bank Facility Agreements, internal policies, and procedures
• Managing bank account structures and signatories in collaboration with Data Administration department
• 4.Business Solutions and Process optimization:
• Develop pragmatic solutions for challenges related to cash management.
• Negotiate biand multi-lateral credit lines (e.g. money market lines, overdraft facility, etc.)
• Develop and optimize cash management instruments to maximize return and minimize risk/cost
• Continuously improve cash management practices based on industry trends and best practices.
• 5. Stakeholder Interaction:
• Engage proactively with internal stakeholders (finance teams, executives) to align cash management strategies with organizational goals.
• Foster strong relationships with external stakeholders (banks, financial institutions) to optimize services.
• -Communicate effectively to ensure seamless coordination across departments and locations.
• 6.System Development and Coordination:
• Contributing to ongoing treasury system enhancements
• Coordinating with remote locations for efficient group-wide cash management

Education

• Bachelor’s degree (University or "Haute Ecole Spécialisée" (HES)) in Finance, Accounting, Business Administration, or a related field.

Experience

• Minimum 5 years of relevant experience in cash management, treasury operations, or financial management.
• Proven track record of supervising cash management activities, including bank account reconciliations, fund transfers, and reporting.
• Experience with e-banking systems, bank connectivity, and ledger entries.
• Familiarity with short-term investment strategies and cash flow forecasting.
• Strong understanding of compliance with Bank Facility Agreements and internal policies.
• Previous exposure to negotiating credit lines and optimizing cash management practices.
• Effective stakeholder management skills, both internally (with finance teams and executives) and externally (with banks and financial institutions).
• Proficiency in coordinating system enhancements and collaborating across remote locations.
• Knowledge of Oil & Gas industry best practices and trends in cash management.
• Excellent communication and problem-solving abilities.
• Proficient knowledge of Excel is a must. VBA / PowerBI / SQL knowledge a plus.

Functional Competencies