Role Description The Treasury Operations Analyst manages cash and financial risks by ensuring ample liquidity is available to meet the day-to-day business obligations of the portfolio businesses. Duties and Responsibilities Manage and oversee accounting functions related to Treasury Recording transactions on Enterprise Resource Planning (“ERP”) software systems Administrative Correspondence with vendors on payment related matters Effective communication with internal and external stakeholders Cash & Liquidity Management Oversee cash and bank collections from sales and accounts receivable Process payroll, reimbursements, and all other expenses in a timely manner. This includes the preparation, delivery and recording of cash or checks as well as the initiation of electronic payments Manage bank accounts as needed in order to deliver a seamless treasury service Ensure sufficient funds are available to cover all expenditures Corporate Governance Oversee the Treasury function and ensure all transactions are entered correctly Ensure compliance and all necessary information is accurate and timely While the above includes a description of the essential functions of the position, other duties may be assigned. This job description is subject to change at the discretion of management.
Budgeting & Planning Create, manage, and review the annual strategic plan, establishment of KPIs and budget development process based on a zero-based budget approach. Work with the various departments to develop a yearly budget ensuring a high level of detail, accuracy, and holistic coherence. Work with relevant stakeholders to set monthly, quarterly, and yearly targets. Review rolling forecasts monthly, or more frequently based on changes to the business, the market, and the operating environment to help management make better decisions to reach company goals. Review weekly and monthly cash flow planning and forecasts. Develop business case proposals and plans for expansion projects and new opportunities. Management Reporting Review a monthly management reporting package to be presented during the management meeting. Attend the management meeting and be prepared to answer questions related to financial performance. Oversee performance management by working with the divisional manager to track them throughout the year. Track performance through charts, graphs, and tables monthly or more frequently if the portfolio business requires. Review with divisional managers, on a monthly basis, to ensure targets are on-track and opportunities for improvement are identified. Track the variance of actual operations against the budgets and forecasts. Investigate large or unusual variances to improve future forecasting and to safeguard the business. Analyze the portfolio business’s revenue mix and profitability by center, channel, product, customer, segment, and function. Monitor trends over time and proactively investigate any areas that stand out. Decision Making Support Develop analytical reporting tools and optimize them for user ease and database accessibility. Analyze historical financials by reviewing key financial ratios and tracking trends over time and against industry averages. Analyze and advise on pricing and promotion decisions, compensation schemes, and other financially sensitive matters. Review purchase requests, project expenditures and other expenses, and approve or reject requests based on the budget. Examine and evaluate the cost-efficiency of each department. Track trends over time, identify outliers and work to improve the portfolio business’s operating efficiency. Coordinate with divisional managers to provide financial support and make recommendations to ensure stable and cost-effective functions. Maintain close oversight of financial expenditures throughout any projects. Leadership Demonstrate strong leadership to facilitate management decision making. Establish and maintain strong relationships with management team and all functions by driving consensus and analyzing results and assumptions. Continually monitor industry developments, develop contacts in the industry and identify opportunities and threats to the business.
Assist with day-to-day operation and prepare paperwork for tax payment, tax returns preparation and tax clearance. Prepare withholding tax compliance and payment procedure. Assist Tax Manager with preparation of tax returns which include quarterly and annual commercial tax returns as well as corporate income tax returns. Liaise with tax authorities and other related bodies. Keep track on tax updates and translate upon necessity. Undertake other duties as may be required and assigned by Tax Manager time to time.