Overview: Responsibilities:

• Coordinates cash pick up activities for both beverage and snacks business; communicate with service providers, banks and business to ensure efficient cash collection process.
• Conduct annual review of collection process to ensure best pricing and value date.
• In charge of the day-to-day communication with banks to solve daily issues and support in resolving un-reconciled items (Dealing with four banks).
• In charge of preparing monthly cashflow forecast for each business unit.
• In charge of maintaining Treasury data base, contracts, guarantees, intr exp calculation, bank charges, ….).
• Review advance payment guarantees.
• Review import Letters of Credit.
• Support export business for Egypt; review export Letters of Credit and coordinate with Treasury Manager bank approvals.
• Coordinates FX transaction execution after obtaining the necessary approvals (annual FX volume of around $200Million).
• Generate daily/weekly/monthly Treasury reports of key indicators as per MU/BU, region and Corporate Treasury requirements.
• Give support to MU Controllers with respect to long un-reconciled items at banks to be resolved on timely basis (Dealing with four banks and 24 account)..
• Negotiate with banks commission and fees
• Request bank confirmations based on PI policy and external audit requirements

Qualifications:

• 2-4 Years of experience.
• Good understanding of the finance markets particularly how the interest and FX function.
• Good understanding of the banking environment and knowledge of key financial applications including, Hyperion, Treasury Management System, Treasury Vision.
• Good understanding of PEP operations to ensure Treasury can add value to enhance the daily operations in the area of cash management, supplier financing, …..etc.
• Good accounting background and knowledge of SAP application.
• Language Skills: Fluent in English and Arabic.