Assistant Manager Treasury

1 week ago


Manama, Manama, Bahrain Red Castle Full time
Job Title: AM - Treasury

Join our team as a highly skilled and detail-oriented AM - Treasury professional. As a key member of our finance department, you will play a critical role in managing our company's financial operations.

Job Summary

We are seeking a talented and experienced professional to fill this exciting opportunity. The ideal candidate will have a strong background in finance, excellent analytical skills, and the ability to work effectively in a fast-paced environment.

Key Responsibilities:
  • Financial Reporting: Prepare detailed monthly reports on investment, borrowing, and foreign exchange exposure for our International Business Division (IBD).
  • Banking Operations: Liaise with banks to obtain LC discounting quotes and complete necessary documentation.
  • Account Monitoring: Monitor daily balances for all bank accounts and provide regular updates on circulating bank balances.
  • Cash Flow Management: Prepare consolidated cash flow reports for IBD and project cash flow for the next three months, identifying and explaining any deviations.
  • Banking Charges: Closely monitor bank charges and banking transactions to ensure optimal financial management.
  • Hedge Effectiveness: Prepare monthly reports on hedge effectiveness for IBD.
  • Foreign Currency Management: Prepare monthly reports on foreign currency conversion rates for payments made by all IBD subsidiaries.
  • FX Forward Contracts: Complete necessary documentation for FX Forward contracts and respond to day-to-day queries from banks regarding banking limits.

We offer a dynamic and supportive work environment, opportunities for professional growth and development, and a competitive compensation package.



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