Job Description: Treasury Manager – Bank Relations
Job Title: Treasury Manager – Bank Relations
Job Summary
We are looking for an experienced and strategic Treasury Manager – Bank Relations to manage the company's banking relationships, liquidity, cash flow, financing arrangements, and treasury operations. The candidate will be responsible for maintaining strong relationships with banks and financial institutions, optimizing banking facilities, monitoring cash positions, managing working capital requirements, and ensuring compliance with banking agreements and financial policies.
Key Responsibilities
1. Banking Relationship Management
- Develop and maintain strong relationships with banks, financial institutions, and other financial service providers.
- Act as the primary point of contact for banking-related matters.
- Negotiate banking facilities, interest rates, transaction charges, and service terms.
- Manage working capital facilities, cash credit limits, overdrafts, term loans, and other banking arrangements.
- Coordinate with banks regarding renewals, enhancements, documentation, and compliance requirements.
- Evaluate banking products and services to identify cost-saving and operational improvement opportunities.
- Coordinate bank meetings, financial reviews, and periodic relationship discussions.
- Resolve banking issues related to transactions, facilities, documentation, and account operations.
2. Treasury and Cash Flow Management
- Monitor daily cash positions and ensure sufficient liquidity to meet business obligations.
- Prepare and maintain short-term and long-term cash flow forecasts.
- Manage cash inflows and outflows to optimize working capital.
- Plan fund requirements based on business operations, supplier payments, payroll, and other commitments.
- Monitor bank balances and coordinate fund transfers between company accounts.
- Identify surplus funds and recommend suitable investment options in line with company policies.
- Monitor borrowing costs, interest expenses, and treasury-related charges.
- Ensure efficient utilization of available banking limits and financial resources.
3. Financing and Credit Facilities
- Manage the company's borrowing arrangements and banking credit facilities.
- Coordinate the preparation of financial statements, cash flow projections, and other documents required by banks.
- Support negotiations for loans, credit facilities, bank guarantees, and letters of credit.
- Monitor repayment schedules, interest payments, loan covenants, and facility utilization.
- Evaluate financing proposals and recommend cost-effective funding solutions.
- Coordinate with banks for facility renewals, limit enhancements, and new financing requirements.
- Maintain records of loan agreements, security documents, and banking correspondence.
4. Bank Operations and Compliance
- Oversee banking transactions, payment processes, bank reconciliations, and account administration.
- Ensure timely submission of banking documents and compliance reports.
- Monitor compliance with loan covenants, banking terms, and internal financial controls.
- Coordinate with internal and external auditors on treasury and banking matters.
- Maintain accurate records of bank accounts, facilities, guarantees, and treasury transactions.
- Support compliance with applicable financial regulations and statutory requirements.
- Ensure proper authorization and control of banking transactions.
- Monitor banking risks and implement appropriate controls to safeguard company funds.
5. Reporting and Financial Analysis
- Prepare regular treasury reports covering cash balances, borrowings, liquidity, and banking facilities.
- Provide management with cash flow forecasts and funding requirement updates.
- Analyze borrowing costs, interest rates, bank charges, and financing alternatives.
- Monitor key treasury performance indicators and identify opportunities for improvement.
- Support budgeting, financial planning, and working capital management.
- Provide recommendations to senior management regarding banking strategy and liquidity management.
Qualifications
- Bachelor's degree in Finance, Accounting, Commerce, Economics, or a related field.
- MBA in Finance, CA, CMA, or an equivalent professional qualification is preferred.
- Significant experience in treasury management, corporate finance, banking operations, or bank relationship management.
- Strong understanding of banking products, credit facilities, working capital finance, and cash management.
- Experience managing corporate banking relationships and negotiating financing arrangements.
Required Skills
- Strong financial analysis and cash flow forecasting skills.
- Excellent relationship management and negotiation abilities.
- Good understanding of corporate banking and treasury operations.
- Knowledge of loan documentation, bank guarantees, letters of credit, and credit facilities.
- Strong analytical, planning, and problem-solving skills.
- Proficiency in MS Excel, financial reporting tools, and ERP systems.
- High standards of integrity, accuracy, and confidentiality.
- Excellent communication and stakeholder management skills.
- Ability to manage multiple banking relationships and financial priorities.
Key Performance Indicators (KPIs)
- Effective management of liquidity and cash flow.
- Reduction in borrowing costs and banking charges.
- Efficient utilization of banking and credit facilities.
- Timely renewal of banking limits and submission of compliance documents.
- Accuracy of cash flow forecasts and treasury reports.
- Compliance with banking agreements and financial policies.
- Strength and effectiveness of banking relationships.
- Improved working capital efficiency.
