Monitors the daily positioning of the company’s cash, including managing, forecasting and reporting cash balances and movements in all bank accounts globally. The duties include, but is not limited to, executing electronic payments, performing various disbursements and cash accounting activities, cash forecasting and modeling, monitor the currency and interest rate exposures’ risk mitigation activities, supporting credit agreement compliance and performing other core treasury functions.
- Monitors all bank accounts ensuring there is adequate cash to clear daily transactions
- Provides cash information timely and supports the Accounting department with cash entries
- Ensure all ACH and check disbursement files are cleared accurately and timely
- Manages in the validation of bank account information
- Responds to audit inquiries and SOX requests in a timely manner
- Monitors the journal entry creation for bank account transactions
- Executes spot purchases of foreign currencies
- May assist in currency an interest rate hedging and swap transactions
- Provides credit agreement covenant calculations and compliance
- Use various cash management programs (including Cash Pro, Business Net Banking)
- In cooperation with local legal advisors produce quarterly and annual income tax reports
- Supports draw up annual declaration to Tax administration, Central bank requirements, Chamber of Commerce
- Coordinates with external tax service provider(s).
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REQUIRED QUALIFICATION and PROVEN REQUIRED EXPERIENCE
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- Master’s degree in Finance, Accounting or Business required
- Minumum of 5 years of experience in similar positions
- Minimum of 3 years of experience working in Cash Management or another Treasury role
- Minimum of 3 years of experience in tax related tasks
- Fluent English
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