Treasury Officer

Job Description

Participate in setting departmental strategic goals and develop interdepartmental policies and procedures:

• Support treasury and accounts payable section head in planning section’s work program and determine auditing and reporting requirements of the department.
• Support treasury and accounts payable section head in ensuring departmental policies are aligned with departmental goals and plans.

Perform Operational Assignments:

• Perform all treasury and accounts payable initiatives, processes, and activities in conformance with the organization's established policies and objectives and take corrective actions when necessary.
• Maintain a reliable treasury and accounts payable data acquisition system in place.
• Generate and distribute treasury and accounts payable analysis reports.
• Prepare daily budget planning; apply for cash-in-hand and withdraw cash from banks in conformance with accounts balance and payment vouchers.
• Collect and log beneficiaries’ information of subcontractors and vendors and prepare bank instructions for telegraphic transfers in conformance with approved payment vouchers.
• Maintain a database of financial transactions including cash payments.
• Communicate with banks for any banking-related issues.
• Ensure proper flow of cash (including cash in hand and cash in banks) for operational activities.
• Ensure secure archiving of treasury and accounts payable documents.
• Ensure accounts payable reports are in a timely prepared and all data including accounts, budget codes, and analysis codes are registered accurately.
• Ensure the invoices for SAP cost recovery are adequately supported on a monthly basis.
• Keep the reconciliation with the bank periodically and maintain the balances in a clear and correct manner.
• Ensure that all the cash, bank checks, and documents are being issued and processed in a safe and secure manner.
• Maintain periodic reconciliation with creditors and debtors.
• Ensure full compliance of designated activities with HSE regulations and policies.
• Take part in responding to internal or external auditing practices.
• Control financial data:
• Support treasury and accounts payable section head in controlling the section’s activities in conformance with the approved budget and make certain cost recovery requirements are properly met.
• Process payable invoices and ensure timely payment to subcontractors and vendors as well as employee salaries.