Senior Treasury Specialist

Job Description

POSITION SNAPSHOT Location: Tehran, IRAN Company: Nestlé IRAN Full-time POSITION SUMMARY Preserving business operation continuity through maximizing foreign currency purchases to reduce company debt balance with suppliers and Ensuring compliance are embedded in all operations internally and externally with banking parties A DAY IN THE LIFE … ● Preserving business operation continuity through maximizing foreign currency purchases to reduce company debt balance with suppliers. ● Ensuring compliance is embedded in all operations internally and externally with banking parties. ● Maintaining and supervising end to end of funding foreign currencies ● Regularly reviewing treasury policies and procedures, ensuring that they are implemented through tight operational practices and systems of work. ● Responsible for the accuracy, completeness, and reconciliation of all financial information processed within the Treasury team. ● Partnering with the finance accounting team to make full visibility on the status of money transferring. ● Developing and providing reports to leadership team on status of company currency status and risks. ● Monitoring and managing the organization’s bank relationships. ● Analyzing various scenarios and risks in payment channels and reporting to senior management. ● Maintaining and developing treasury systems. ● Collaborating with cross-function teams like supply chain, regulatory, scientific affairs, and import/export team to support business requirements. ● Cooperating with Nestle Middle East (Sister Company) Treasury Centre team to provide oversight of local and foreign Banking relationships. ● Foreign exchange risk management and development of foreign exchange risk mitigation strategies. ● Manage banking activities for the company and ensure enough liquidity is in place to cover the company's financial obligations. ● Forecast daily cash requirements and execute daily financing decisions. ● Monitor bank service fees and address quality issues. ● Monitoring, supervising, investigating cash accountant activities. ● Manage, direct, and develop cash management staff.