Treasury Accountant
Sameer Africa Limited, a leading manufacturer and provider of tyres solutions with offices in Nairobi and with operations within the COMESA Region has an exciting opportunity for a highly skilled & resourceful, candidate to fill the above position:-
Main purpose of the jobSameer Africa Limited, a leading manufacturer and provider of tyres solutions with offices in Nairobi and with operations within the COMESA Region has an exciting opportunity for a highly skilled & resourceful, candidate to fill the above position:-
Develop plans and strategies to ensure availability, security and utilisation of funds to meet current and future obligations at minimum risk and maximum yield.
Among others, key accountabilities will include:-
- Issuing
and updating cash flow forecasts to allow strategic and tactical decisions
within the parameters of available cash resources.
- Reviewing
cash balances and preparing consolidated cash position reports.
- Developing
and maintaining hedging strategies in multi-currency transactions and
analysing foreign exchange regulations for compliance and to minimize
financial risks.
- Performing
foreign exchange risk hedging and hedge accounting for derivatives.
- Evaluating
requests from internal clients and issuing bank guarantee's & letters
of credit to suppliers to ensure that payments to the provider are
secured.
- Negotiating
treasury transactions involving foreign currency sales/buying, foreign
exchange hedging with banks and other players in the market.
- Investing
surplus funds at competitive rates locally and / or internationally to
ensure maximum returns are generated from cash resources available.
- Ensuring
timely reconciliations of bank accounts and other facilities and prompt
follow up and resolution of reconciling items.
- Preparing
exchange rate forecast for use in budgeting and accounting for multi
currency transactions.
- Reviewing
bank balances and initiating repatriation of surplus funds from
subsidiaries and branches as per set thresholds.
- Leading,
guiding and developing staff to ensure a competent and motivated team.
Knowledge, Skills and Experience
- A
Bachelors Degree in Accounting/ Finance or a related business field.
- A
Certified Public Accountant ( CPA(K), / ACCA or equivalent) and be a
member of ICPAK
- At
least 3 years relevant working experience in a manufacturing environment
preferably in a comparable role
- Experience
in a busy Treasury environment in a bank will be an added advantage.
- Good
working knowledge of ERP systems – working knowledge of SAP Version 6.0
will be an added advantage
- Sound
Knowledge and experience in Banking/Financial Institutions relations and
Risk management
- A team
player with excellent communication skills, attention to detail, problem
solving, analytical and interpersonal skills
- High
standards of ethics and values
Interested candidates should forward applications and detailed
CV's to the following Address
The Head of Human Resources
Sameer Africa Limited
P.O. BOX 30429- 00100, NAIROBI,
Or through e-mail: vacancies@sameerafrica.com
Kindly indicate your telephone contacts, names and contacts of three referees, one of which should be current or a previous employer.
Kindly indicate your telephone contacts, names and contacts of three referees, one of which should be current or a previous employer.
Interested candidates
will also be required to indicate their current and expected
remuneration.
The position should be
clearly indicated as the subject of the application.
Only shortlisted
candidates will be contacted
Closing date for
applications is 29th June 2012