Treasury Head - Repi Soap & Detergent PLC, Addis-Abeba

About the Position

The Treasury Head is responsible for assessing, planning, monitoring, managing, and controlling the efficient utilization of cash and bank activities in accordance with the Company's objectives. This role involves creating a continuous improvement environment for policies and procedures to ensure maximum accuracy, efficiency, and internal control.

Management & Cash Flow Planning

• Manage day-to-day cash and treasury activities in line with the Delegation of Authority, treasury policy, and appropriate procedures
• Maintain internal control environment around month-end and quarter-close activities
• Manage treasury operations and controls, including cash pooling and sweeping
• Provide advice to management on all areas of cash management and investments
• Review cash flow requirements reports to ensure funds availability for operational needs

Cash Management Systems & Operations

• Evaluate, develop, and implement cash management systems to control cash and bank transaction movements on a daily basis
• Understand and manage appropriate accounting procedures and processes
• Collect bank statements from each operational bank at regular intervals where online banking is not yet available
• Ensure bank advices (credit and debit) received from banks are booked on the SAP system within the same transaction month

Vendor & Payment Management

• Lead the preparation, control, generation, and approval process of vendor payments (check, CPO, bank transfer, internet banking, petty cash)
• Maintain proper control over cheque books and payment submissions
• Manage relationships with Supply Chain to ensure payments are made on schedule and on time

Financial Reporting & Analysis

• Develop daily cash position reports comprising weekly cash receipts and disbursements forecasting
• Allocate cash for cheque payments in collaboration with Supply Chain, Sales, and HR teams
• Ensure long-term cash flow and working capital requirements are met
• Provide responses, reports, and analytical information as requested by management, external auditors, and internal auditors

Location

Addis Ababa, Ethiopia