Role Description
To assess, monitor, plan and manage the efficient utilization of cash and financial services in a manner consistent with the objectives of the Company.
Understand, manage, and supervise all aspects of cash flow.
Forecast daily cash requirements and execute daily financing decisions.
Manage longterm and shortterm investment strategies.
Determine the Company's goals and risk tolerance and undertake risk management activities to protect the Company's financial wellbeing;
Determine the Company's tax position and the applicability of taxable/nontaxable instruments.
Assess performance benchmarks and recommend changes when warranted.
Review and recommend changes to the investment policies based on the market conditions.
Maintain a system of policies and procedures that impose an adequate level of control over treasury activities.
Prepare or monitor company's various cash flow forecasts and perform financial modelling.
Evaluate, develop and implement cash management systems to optimize efficiencies.
Understand and manage appropriate accounting procedures and processes.
Manage relationships with financial service providers and maintain positive working relationships;
Monitor bank service fees and address quality issues.
Conduct benchmark studies of banks and their services to evaluate whether it fits Smile's requirements and keep up to date with financial and industry developments;
Meet with cash management banks to plan cash management vs. Smile's needs.
Evaluate alternative longterm borrowing strategies and make recommendations in accordance with the capital structure guidelines.
Recommend, implement and maintain process improvements.
Evaluating the financial impact of new business ventures;
Negotiating loan and overdraft terms with Company bankers;
Providing advice on financial matters impacting the Company as a whole;
Deliver a full range of tax services in compliance with laws and regulations within timeframe
Build relationships and interact with clients to provide excellent planning, consulting and expertise
Preparations of monthly VAT, income tax, withholding tax and review complex tax returns
Identify tax and business risks and mitigate these timely
Manage and coordinate tax audits and determine the Company's tax position and the applicability of taxable/nontaxable instruments
Managing and supervising all aspects of cash flow, including optimizing all working capital and commercial cash flow.
Manage day to day treasury operations for OpCo
Manage the OpCo bank accounts, cash management and short term investments
Develop and implement treasury systems project including reporting metrics and processes
Develop and maintain policies and procedures within the department
Evaluate, develop and implement cash management systems to optimize efficiencies
Manage relationships with financial service providers and monitor bank service fees on all transactions.
Review daily bank reconciliation against bank statement and general ledger
Essential Skills
Extensive experience in preparing cash forecasts and cash flow analyses.
Experience in building complex financial models to evaluate various financial plans.
Experience in presenting and preparing proposals to recommend new products/services.
Knowledge of investment portfolio strategy, banking, and financial instruments
Personal Qualities & Behavioural Traits
Advanced spreadsheet and modeling skills.
Advanced analytical, organization, and interpersonal skills
Excellent collaboration, verbal and written communication skills.
Able to break down problems into meaningful parts and come to rational and wellthought out conclusions.
Attention to detail and accuracy.
Interested in process improvement.
Willing to adapt quickly to quick changes in direction.
Internally motivated to seek out answers, generate ideas, and develop new skills