Reported successfully

Job Purpose

The Head of Liquidity Solutions and Bank Relationship role is responsible for managing the company’s liquidity strategy and optimizing cash management across the organization. This role involves developing and implementing liquidity management strategies, managing relationships with banks and financial institutions, and ensuring the efficient allocation of the company’s cash resources. The Head of Liquidity Solutions and Bank Relationship role will also oversee treasury operations related to cash flow forecasting, financing arrangements, and working capital management to ensure that the company has adequate liquidity for operational and strategic needs.

Key Responsibilities

Liquidity Management

• Develop and execute the company’s liquidity strategy, ensuring sufficient cash flow to meet operational and strategic business requirements.

• Optimize cash positions across business units, ensuring efficient cash utilization while maintaining sufficient liquidity buffers.
• Oversee daily cash management operations, ensuring timely fund transfers, liquidity forecasting, and short-term investment strategies.

Bank Relationship Management

• Lead and manage relationships with banking partners, including negotiations for banking services, fees, and credit facilities.
• Oversee the Cash Management Contracts with Banks and ensuring the related technical and commercial alienation according to contract.
• Manage the selection and performance of financial institutions, ensuring competitive terms for services such as cash management, payments, loans, and foreign exchange.
• Oversee the opening and closing of bank accounts, ensuring alignment with the company’s liquidity management strategy.
• Act as the primary point of contact for all banking and financial institution matters.

Cash Flow and Working Capital Optimization

• Develop and maintain cash flow forecasts and reports, collaborating with internal stakeholders to ensure accurate and timely data.
• Monitor and optimize working capital cycles to improve cash flow, reduce financing costs, and support business growth.
• Implement strategies to minimize idle cash balances and maximize returns on cash reserves while balancing risk.

Treasury Operations and Financing

• Oversee short-term and long-term financing arrangements, including credit facilities, working capital lines, and other funding solutions.
• Ensure that financing arrangements align with company strategy and optimize the cost of capital.
• Oversee the management of short-term debt instruments, ensuring compliance with covenants and regulatory requirements.
• Bank Reconciliation ERP system //Bank statement.
• Other ad hoc require activities as per organization needed.

Risk Management and Compliance

• Identify, assess, and manage risks related to liquidity, such as interest rate fluctuations, market liquidity risk, and counterparty risks.
• Ensure compliance with all banking, financial, and regulatory standards related to liquidity management.
• Implement and monitor internal controls to safeguard company funds and ensure operational compliance with financial regulations.

Team Leadership and Development

• Lead and mentor the treasury team in the areas of liquidity management, cash forecasting, and banking relationships.
• Conduct performance reviews, set development goals, and provide coaching and training to team members.
• Ensure the team is well-equipped to meet departmental goals and objectives, fostering a collaborative, results-driven culture.

Education

• Bachelor’s degree in accounting, Management, Finance or ACCA/CPA

Experience

• Minimum of 10-12 years of experience in Liquidity and Cash Management with strong understanding of liquidity management strategies, cash flow forecasting, and working capital optimization.
• Bank Relationship Management with proven experience.
• Ability to identify inefficiencies and implement process improvements, leveraging technology to optimize treasury functions.

Key Skillsets

• Strategic Financial Leadership: Ability to develop and implement strategies that optimize the company’s financial liquidity and reduce funding costs
• Analytical Skills: Strong ability to analyze financial data, develop liquidity strategies, and make informed recommendations to senior management.
• Risk Management: Knowledge of financial risks, such as interest rate and counterparty risks, and the ability to implement strategies to mitigate those risks.
• Communication and Negotiation Skills: Excellent communication skills, with the ability to negotiate effectively with banks and communicate complex financial concepts to senior management.
• Leadership and Team Management: Proven leadership experience, with the ability to motivate, mentor, and develop high-performing teams.