Assistant Treasury Manager

This role involves managing daily cash and bank positions while maintaining strong relationships with banking partners to ensure smooth treasury operations. The candidate will be responsible for recording bank profits and charges in the ERP system, preparing bank reconciliations, and summarizing direct deposits to ensure timely recording within the same month. Coordination with the disbursement team is essential to ensure all payment entries are posted before month-end closing. The role also includes facilitating both internal and external audits related to bank reconciliations and arranging bank confirmations during external audits.

The position requires close coordination with banks regarding donations, grants, or reversals received in accounts, as well as monthly recording of foreign currency exchange gains or losses. Compliance management for bank accounts is critical, including updating authorized signatories, Board members, and Directors. The candidate will also handle inward and outward foreign currency remittances, maintaining a detailed tracker with all settlement information. Reviewing treasury procedures and internal controls to ensure compliance with financial policies and delegated authorities is a key part of the job. Additional tasks may be assigned by the line manager as needed.

Key Responsibilities

- Prepare daily cash and bank position reports.
- Maintain and strengthen banking relationships to support treasury operations and resolve issues.
- Record bank profits and charges in the ERP system for all bank accounts.
- Prepare accurate bank reconciliations on a regular basis.
- Summarize direct deposits and ensure all are recorded within the same month.
- Coordinate with the disbursement team to ensure timely posting of payment entries before closing.
- Facilitate internal and external audits related to bank reconciliations.
- Arrange and coordinate bank confirmations during external audits.
- Liaise with banks to confirm donations, grants, or reversals received.
- Record monthly foreign currency exchange gains and losses.
- Ensure compliance updates for bank accounts, including authorized signatories and Board members.
- Manage inward and outward foreign currency remittances and maintain a comprehensive remittance tracker.
- Review treasury procedures and internal controls to ensure adherence to financial policies and delegated authorities.
- Perform any additional tasks assigned by the line manager.

Required Qualifications

- Bachelor’s or Master’s degree in Business Administration with a focus on Finance (BBA/MBA Finance) or ACCA Part qualified.
- 1 to 3 years of relevant experience in treasury, accounting, or finance roles.
- Strong understanding of basic accounting principles.
- Proficiency in Microsoft Excel with strong analytical and numerical skills.
- Hands-on experience working with ERP systems.
- Excellent time management and communication skills.

This position offers the opportunity to work in a dynamic financial environment where attention to detail and compliance are paramount. The ideal candidate will be proactive, organized, and capable of managing multiple responsibilities efficiently while maintaining strong professional relationships with banking partners.