Treasury accountant at Schneider Electric
Experience: More than 5 years of Treasury and/or Banking experience.
Location: Egypt
Job type: Full-time
Job description:
-Assist in Monitoring/building regular cash flow forecasting for all legal entities in NEAL cluster and with a special oversight/control on the information for Levant
-Prepare monthly cash reports for entities in NEAL cluster on a monthly basis for the zone cash reporting
-Work on developing financing strategy on an annual basis with Cluster Treasury Manager and discuss with Zone Treasury for financing plan
-Review financing plan and cash flow forecasting quarterly
-Comfortable engaging with banks on a weekly basis and negotiating better terms in the interest of the Group
-Ensure the entities have cash to operate on a daily basis
-Ensure the security of bank transactions
-Follow Group Treasury KPIs on a monthly basis for the overall cluster (such as expired bank guarantee %, cash generation, cash conversion, number of bank accounts, FX exposure, other financial income and expenses)
-Manage the bank accounts (oversee the opening, closing, change of signatures, RFP)
-Mitigate Financial risks (in particular FX)
-Control bonds and bank guarantees, ensuring the wording used/proposed by counterparties are in line with Schneider Group requirements
-Assist/Coordinate implementation of Treasury tools, as planned by MEA and Group Treasury
-Contribute to digitisation efforts of Treasury operations for the cluster, including use of online banking, SWIFT connectivity, host to host solutions
-Maintain basic knowledge of compliance and regulatory requirements for multinational corporates in Egypt, Lebanon, Iraq and Jordan
-Support sales financing initiative in the Cluster
-Follow banking sector devleopments regularly that can benefit Schneider Electric
Contribute positively to the Global Treasury & Trade community within Schneider Electric through sharing lessons learned, knowledge on a regular basis,
Job requirements:
-University degree in Business Administration and Economics, or another university degree with an MBA degree.
-More than 5 years of Treasury and/or Banking experience.
-Strong analytical ability, budgeting and cash forecasting
-Very good command of written and spoken English
-High proficiency in MS Office programs
Good understanding of basic accounting principles
-Team player with very good communication skills including effective writing abilities
Self starter working style, without depending much on others
-Ability to work in matrix type organisations
Business orientation and high sense of ethics & responsibility