Treasury Manager
Job Purpose Lead and govern the Treasury function across the Industrial Sector by overseeing liquidity management, cash flow planning, working capital optimization, trade finance operations, banking relationships, financing arrangements, debt obligations, and treasury-related financial risks. Ensure the establishment of effective treasury governance, funding visibility, and cash management practices across entities and business units while aligning with Corporate Treasury policies and strategic financial objectives. Partner with Finance leaders, Procurement, Supply Chain, and Commercial teams to strengthen financial discipline, optimize the Cash Conversion Cycle (CCC), enhance cash flow forecasting accuracy, safeguard foreign exchange (FX) exposure, and support informed decision-making that drives the Sector’s financial stability, liquidity position, and sustainable growth. Accountabilities & Key Responsibilities
- Treasury Governance & Cash Management
Establish and oversee the implementation of Sector treasury governance, policies, internal controls, and standards across all business units and manufacturing plants in alignment with Corporate Treasury requirements.
Consolidate and review short-, medium-, and long-term cash flow forecasts across entities to ensure adequate liquidity planning and funding visibility for operational and capital expenditures (CapEx).
Monitor Sector-wide liquidity positions, funding requirements, and cash utilization trends, providing actionable recommendations to management on treasury optimization.
Review and challenge treasury assumptions, funding plans, and cash forecasts submitted by business units to ensure alignment with Sector financial goals.
- Banking & Trade Finance Oversight
Oversee banking relationship management across financial institutions and ensure alignment with approved treasury governance frameworks.
Manage and optimize Trade Finance facilities, including Letters of Credit (LCs), Letters of Guarantee (LGs), import/export financing structures, and supplier/buyer credits to support raw material purchasing and equipment procurement.
Review, validate, and support strategic financing initiatives, including working capital lines and debt facilities, in coordination with Corporate Treasury.
Monitor compliance with banking covenants, debt obligations, and treasury-related commitments across all industrial entities.
- Working Capital & Cash Optimization
Monitor Sector working capital performance across all operating units and drive initiatives to optimize the Cash Conversion Cycle (CCC).
Collaborate closely with Procurement, Supply Chain, and Sales teams to align payables, inventory holding strategies, and receivables collection processes.
Analyze and present working capital performance indicators (KPIs) and cash flow metrics to Sector leadership.
Drive automated cash management and payment batching solutions to streamline treasury processes.
- Treasury Risk Management
Monitor and assess Foreign Exchange (FX), interest rate, liquidity, and funding risks impacting manufacturing operations, imported raw materials, and CapEx projects.
Coordinate with Corporate Treasury on the development and implementation of FX risk mitigation and hedging strategies where applicable.
Analyze market developments, FX volatility, and treasury risk scenarios, delivering timely insights and risk management reports to senior executive management.
- Joint Ventures & Compliance
Oversee treasury governance and funding visibility across Sector Joint Ventures, foreign entities, and affiliated operating companies.
Ensure treasury activities within JVs comply with approved governance frameworks, reporting standards, and financial controls.
Support alignment of treasury-related JV activities with Sector and Corporate strategic objectives.
- Reporting & Stakeholder Management
Consolidate Sector treasury reports, cash flow forecasts, trade finance utilization, debt schedules, and risk assessments for executive management.
Maintain effective coordination with Corporate Treasury, Corporate Finance, Plant Controllers, and Business Unit Finance teams.
Provide treasury insights and strategic recommendations to the Sector CFO to support capital allocation, funding strategy, and corporate growth.
Minimum of 5 years of progressive experience in treasury, finance, or related fields.
Proven track record in managing corporate treasury functions within a medium to large organization, Manufacturing Background is a MUST .
Strong understanding of cash management, liquidity planning, and banking operations.
Demonstrated ability to develop and implement treasury policies and procedures.
Experience in negotiating with banks and managing financial instruments.
Excellent analytical, problem-solving, and decision-making skills.
Advanced proficiency in treasury management systems and financial software.
Exceptional communication and interpersonal skills, with the ability to influence stakeholders at all levels.
Strong leadership abilities with experience managing and developing teams.
Ability to work on-site and collaborate effectively in a dynamic office environment.