Treasury Management Specialist

4 days ago


Manama, Manama, Bahrain AVANA Capital Full time
Job Description

As a key member of the AVANA Capital team, you will play a crucial role in overseeing and managing the financial activities of the organization. Your mission is to ensure accuracy, compliance, and transparency in all financial operations.

Cash Management and Treasury
The ideal candidate will be responsible for monitoring daily cash positions, forecasting short-term and long-term cash requirements, and executing cash management strategies to optimize liquidity while minimizing idle cash balances. You will also coordinate with internal departments to ensure timely funding for operational needs and evaluate investment opportunities to maximize returns while managing risks.

Banking Relationships
You will manage relationships with banks and financial institutions, negotiating banking services, fees, and terms to optimize banking relationships. Additionally, you will evaluate and recommend changes in banking partners as necessary.

Cash Flow Forecasting
Develop accurate cash flow forecasts to support operational and strategic decision-making by collaborating with people across the organization. Analyze variances between forecasted and actual cash flows and provide explanations and recommendations. Identify, assess, and mitigate financial risks, including interest rate risk, foreign exchange risk, and credit risk.

Financial Reporting and Analysis
Prepare accurate and timely reports on treasury activities, including cash balances, investments, and debt. Reconcile cash and book journal entries to support month-end closing. Develop dashboards to provide in-depth financial analysis to support strategic decision-making and identify opportunities for cost reduction, revenue enhancement, or process improvement.

Qualifications
A bachelor's degree in accounting, finance, or a related field is required. A master's degree or professional certification such as CPA (Certified Public Accountant), ACCA (Association of Chartered Certified Accountants), or CMA (Certified Management Accountant) may be preferred. Three or more years of relevant experience in accounting, finance, or auditing are necessary. Knowledge of Islamic finance or Shariah-compliant lending is a plus.

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