Summary
Date Posted: Friday, November 08, 2019 , Base Salary: Not Disclosed

JOB DETAILS:
Manager – Treasury and Capital Manager
Category: Finance
Job Description
In general, the Treasurer’s responsibility is to plan, manage the Liquidity, the Assets and Liabilities of FINCA Zambia so that the maturities are matched to ensure availability of cash at all times to meet the requirements of our Clients, and to structure the balance sheet to that which optimizes returns on Investments. .

  Job Responsibilities:
1. Cash
a. Manage FINCA’s Cash and Bank balances effectively to maximize the returns on cash and bank balances
b. Set proper cash limits for the HO and various branches so that lowest possible cash is kept with them and set procedures when the cash goes below/up the limits
c. Set up proper Inter Bank Transfer procedures and the limits
d. Set authentication and authorization procedures for Cash and Bank transactions
e. Monitor the Bank Reconciliation on a monthly basis and guide the accounting team.
f. Ensure smooth running of treasury operations at H/O and Branches and take necessary actions
g. Prepare Projected Cash Flows and compare with Actual Cash Flows and do a Variance Analysis and advise Management of the necessary actions to be taken
h. Alert the management of any serious situations of Cash and Bank balances (low or high) in order to take decision on the targeted disbursements, recurrent /capital expenditures or investments.
2. Savings
a. Participate in the Asset Liability Management committee to set interest rates on savings products.
b. Monitor impact of large savings depositors on the liquidity Reserves and the branches liquidity.
c. Ensure that the withdrawal requirements of savings depositors are met at all times
3. Funds
a. Manage FINCA’s funds efficiently so that funds are optimally utilized
b. Evaluate the existing funds from donors and project the fund requirements
c. Help determine the appropriate time to request for funds from Donors
d. Prepare the Projected Fund Flow and compare with the Actual Fund Flow, prepare Variance Analysis, reasons for variances and take necessary steps for the future
e. Monitor and evaluate the funds in HO and Branches so that management may take informed decisions
f. Help in preparation of budgets more accurately
g. Analyze the currency fluctuations and the possible effect of donor fund availability and advise management of necessary decisions
h. Advise the Management on the Fund Management and decisions on loans from Finance Institutions for supporting FINCA operations

Job Skills: Not Specified

Job Qualifications: Not Specified

Job Education Requirements: Minimum Bachelors Degree

Job Experience Requirements:
• At least 2 years experience in Treasury Operations experience in a reputed commercial bank or financial institutions

{module 312}

Job application procedure
Click here to apply.

All Jobs

QUICK ALERT SUBSCRIPTION

{module 316}