Manager, Cash Management
6 months ago
Manages the overall activites and functions of the Cash Mangement Section under the direction of the Head, Treasury Management, to achive the hospital’s mission, goals and objectives.
**Essential Responsibilities and Duties**:
1. Establishes the function including developing policies, processes, KPIs, objectives, resources planning, and monitoring.
2. Develops/set-up tools and/or systems to monitor the cash requirements, cash use, time horizons, and deployment.
3. Develops policies to govern the liquidity requirements, emergency funding, optimization of surplus cash, and financing risk management framework.
4. Supervises cash forecasting & cash flow reports preparations, identify, and evaluate variances.
5. Ensures efficient cash management by coordinating with collections, disbursements and budgeting departments to optimize cash cycle.
6. Monitors entity sources of funds, and transfer surplus to investment portfolio.
7. Monitors variances of budgeted vs actual spending, report on variances, and develop agile processes to ensure immediate availability of financing.
8. Develops capital structuring models and update as necessary.
9. Develops sustainable relations with lenders, monitor compliance with financial institutions and lenders requirements/convents and constantly ensure repayment ability.
10. Monitors all financial risks related to financing including credit risk, liquidity risk, market risk, inflations risk, etc.
11. Oversees the financing process including arranging/preparing required documents (Financial Statements, BOD approvals, Business Plans, Fund uses, Acceptable Covenants, etc.), Oversee Bank Due diligence process, review financing agreements, open credit lines, arrange loans, ensure key ratios (e.g., Debt/equity) are within acceptable ranges.
12. Oversees the different cash portfolios under Treasury.
13. Develops Financing Strategies and arrange organization credit rating.
14. Chairs and/or serves on committees as assigned.
15. Provides continuous guidance to staff, assess their skills gaps and help design the personalized training needs and calendars.
16. Follows all Hospital’s related Policies and Procedures.
17. Participates in self and others' education, training and development, as applicable
18. Performs other related duties as assigned.
**Education**:
Bachelors or Masters Degree in Accounting, Finance, or any other related discipline.
**Experience Required**:
Grade 11:
Five (5) years of related experience with Master’s, or seven (7) years with Bachelor's Degree, including two (2) years in a seniority position is required.
Grade12: Seven (7) years of related experience with Master's, or nine (9) years with Bachelor's Degree, including four (4) years of (Grade 11) experience is required.
**Other Requirements(Certificates)**:
CFA, CMA, CPA, or any other internationally recongized and related certfications are prefered.
Computer and English profecincy is required.
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