Senior Cash Operation Officer – Jigjiga, Somali Regional State of Ethiopia

Manages and monitors daily cash management transactions, reports cash operation activities and executes borrowing/investment transactions.  Ensures liquidity and prepares cash flow projections.  Additional responsibilities include assisting in the development of bank relationships, determination of short-term cash to be invested, and anticipation of short-term borrowing needs.  Responsible for liquidity management, including in-house banking and providing payments factory support, as applicable.

Primary functions and responsibilities:

Performs daily corporate cash management and forecasting activities.

Monitors and manages the company’s daily cash position.

Forecasts daily cash requirements.

Handles daily liquidity management.

Determines daily cash balances available for investment.

Manages, maintains and administers bank relationships and reports bank information or scorecards.

Recommends and implements improvements to current cash management processes.

Perform transactions and resolve errors.

Anticipates short-term borrowing needs and communicates them to proper personnel.

Conducts borrowing and investing activities.

Manages working capital.

Gathers interprets and prepares cash flow projections.

Ensures adequate liquidity.

Executes funds movement and investment transactions.

Appropriately invests excess cash balances and administers short-term investments.

Resolves foreign exchange (FX) currency issues in terms of settlement of delivery.

Implements cash management systems and trains staff on those systems.

Coordinates collateral programs and risk management controls.

Posts and files cash receipts.

Tracks and resolves pay exceptions.

Maintains all collections-related schedules for forecasting.

Acts as an expert advisor on banking issues for the business units and other corporate functional areas.

Ensures compliance with NBE treasury-related directives, anti-money laundering regulations, and other rules governing cash transactions and banking.

Interfaces with accounting for bank general ledger upload, journal entry differences and general troubleshooting.