Cash Operations Officer

For a trading company we are looking for Cash Operation Officer:

Structural subdivision: Treasury and Cash Management

Immediate supervisor’s position: Head of Treasury

Job Purpose Summary

Cash Operations Officer is a multitasking role with key responsibilities within the cash operations and treasury teams. Cash operations duties include preparation of the cash forecast reporting, initiating and monitoring the payments, clearing the payments in SAP, maintain efficient banking cooperation and relation, treasury reporting in accordance with the Company’s policies and procedures.

Primary Accountabilitie:

Cash operations

• Monitoring of the Cash Flow Forecast D+5/D+10 days in ETRM, communication with the Cash Operations team in the Central Treasury on timely basis (discounting flows, amounts to be paid/received, etc.);
• Preparation and monitoring of daily payment orders according to the instructions provided by Finance Director
• Manual input of relevant cash flows (invoices, transfers) forecasts in the SAP SEM Module and Excel Files
• Checking the execution by banks of transfer instructions
• Ensure the right currency on the payment order related to the Invoices or internal rules (Forex)
• Bank clearing on day-to-day basis and daily posting of bank statements in SAP R3 (CITIDIRECT, Citibank, FIDES, “feban” transaction code);
• Cash optimization by arranging internal payments and managing short term investments (deposits)
• Trouble-shooting with regards to in and out cash flows (bank investigations, etc)
• Securing a proper collection of receivables by obtaining confirmation of payment and pre advising funds to banks; Monitoring in time issuance of receivable invoices
• Opening/maintenance/closure of bank accounts
• Co-operate closely with other department heads in order to clarify and agree upon efficient and reliable interdepartmental workflows, procedures and processes
• Monitoring the issuance of Corporate Credit Card and follow

Banks relations

• Opening/maintenance/closure of bank accounts
• Co-operate closely with other department heads in order to clarify and agree upon efficient and reliable interdepartmental workflows, procedures and processes
• Monitoring the issuance of Corporate Credit Card and follow up
• Check remittance
• Trouble-shooting with regards to in and out cash flows
• Securing a proper collection of receivables by obtaining confirmation of payment and pre advising funds to banks
• Monitoring in time issuance of receivable invoices

Other areas:

• Assist and back up the finance desk team members;

Assist the team in various additional ad hoc tasks tender preparation, contracts review, etc

Competency requirement:

Experience: Previous experience min 3 years in a treasury department involved in cash operations, money market foreign exchange, middle or back office and wire transfer department.

Knowledge:

- Excellent knowledge of the Banking Flows, Payment factory;

- Good knowledge of Finance, mathematics, accounting, and payment rooting, flows;

- Good knowledge of SAP required;

- Excellent knowledge of Window’s environment (especially Excel, Power point).

Key Behaviors & Skills:

- Highly detail oriented and organized in work;

- Ability to meet assigned deadlines and work under pressure;

- Excellent communication and interpersonal skills with a customer service focus;

- Analytical thinking: approach problem solving systematically, anticipation of obstacles, make logical conclusions and see implications/consequences of solutions; at ease with numbers

- Ability to act and operate independently with minimal daily direction from manager to accomplish objectives;

- Ability to work cooperatively and collaboratively with all levels of employees, management, and external agencies to maximize performance, creativity, problem solving, and results.

- Team player and flexible;

Education:

- Bachelor’s or higher degree in Accounting or Finance;

- Professional certification is a plus

Languages:

Excellent written and verbal English communication skills + Turkish / Arabic or Russian is an advantage

Turkish language is the must

Please send your CV + photo