BEAEKA General Business PLC New Vacancy 2023

BEAEKA General Business PLC

BEAEKA General Business PLC New Vacancy Announcement March 2023

Position : Director, Treasurer

Job Description:

Job summary

A director of treasury typically has a wide range of responsibilities, which can include: Oversee the financial affairs of the organization and ensure they are legal and within accepted accounting practices. Work with Finance dep’t toensure that accounting records are accurately maintained and that all financial transactions are properly recorded. Ensure proper records are kept and that effective financial procedures are in place.Monitor and report on the financial health of the organization.Oversee the preparation of necessary financial reports/returns, accounts and audits. Moreover, he/she is responsible to undertake detail financial analysis and give clear picture and financial interpretation of the organization to the management.

Roles and Responsibilities

Assessing, reviewing and protecting company financial well-being

handling daily cash balances and cash flow is adequate

Undertaking project feasibility and interpret to the management for final decision

Assessing the likely impact of problems such as late loan payment and limited cash flow

making decisions about company funding options, insurance contracts and other financial issues

Reviewing financial statements and reports for accuracy, including analyzing trends in revenue sources and expenses over time

Carrying out risk management activities

liaising with the company management, bankers , insurance companies and other investors

Preparing, Reviewing and approving loan applications from seeking loans from banks or other lending institutions

Negotiating and evaluatingall credit facilities and term loans with bankers.

Monitoring cash flow forecasts to ensure that adequate cash reserves are maintained to meet company obligations, such as monthly payroll, bank loan repayment, and other payables

Monitoring interest rate risks by reviewing interest rate contracts with banks to ensure that the company will be able to meet future payment obligations

Preparing budgets for operating departments within the organization, including capital expenditures and operating costs, based on expected revenue generated from each business units

Coordinating with outside investments made by the company to determine the investment share, possible returns, risk factors, industry analysis etc..

Making strategic decisions regarding how much cash should be held in reserve to meet unexpected expenses ( contingencies) or fluctuations in income

Developing and implementing treasury policies and procedures to ensure that all fin

ancial activities are conducted in accordance with company standards

Preparing proper documentation and file system of all loan and insurance related documents

Perform other related tasks as directed by the CEO/D/Managing Director

Job Requirements:

Academic requirement: MA/MSC/BA in Accounting and Finance, Management and Business administration or related fields.

Work experience: 10/12years of experience, with at least 5/7 years of experience in managerial positions. Experience in banking industry preferably on areas of credit management, International trade and Finance area.

Desirable training: strategic resource management tools like ERP, strategic leadership, loan review and financial analysis etc.

Employment: Full time

Salary: Negotiable

Location: Addis Ababa, Addis Ababa

Application Deadline: March 27.2023

How To Apply:

Interested applicants shall submit their Curriculum Vitae, application letter, non-returnable copies of relevant document in person to our office Addis Ababa Gulele Sub city on the road from Piazza to Addisu Gebeya near to Sheger Park BEAEKA Building 1st floor. For further information you can call us through phone number 0111-264351

Or you can send us via email within 7 consecutive days from the date of this announcement.

Please mention the position for which you are going to apply in the subject of your mail.