Job Purpose

Responsible for managing the organization’s cash flow and liquidity ensuring smooth execution of financial activities and foreign exchange transactions to mitigate currency risk while maintaining the company’s financial stability and optimizing cash flow.

Key Accountabilities

• Managing daily cash flows and bank balances to ensure the company can meet all financial obligations as they fall due (solvency and liquidity). This includes managing operational cash balances and investing surplus cash.
• Preparing and monitoring detailed, often 12-month rolling, cash flow forecasts to predict cash requirements and inform decision-making.
• Assisting in managing the corporate debt portfolio, monitoring compliance with banking facility covenants, and ensuring access to short- and long-term financing to support business strategy.
• Managing day-to-day relationships with banking partners and other financial institutions, negotiating terms for banking services, and ensuring all bank accounts and electronic banking systems are managed securely and efficiently.
• Initiate new limits and follow the approvals to cover our receivables.
• Negotiate new products with the existing banks to support our company cashflow.
• Follow with the bank for the delayed transactions.
• Any other duty assigned by your Supervisor.

HSE Responsibilities

Elsewedy Electric requires the active commitment to, and accountability for, QHSE from all employees and contractors. Line management has a leadership role in the communication and implementation of, and ensuring compliance with, QHSE policies and standards. We are committed to:

• Protect, and strive for improvement of, the health, safety and security of our people at all times;
• Eliminate Quality non-conformances and HSE accidents;
• Ensure consistent and continuous compliance by all employees and vendors with safety and regulatory requirements, standards and protocols
• Responsible for creating safe work environment, manage risks and reduce exposure to liability
• Support line Management in managing HSE Incidents, corrective/preventive actions

Communication and working relationship

Internal Logistics, Dispatching, Purchasing, Production, Finance, Material Planning

External Local Suppliers

Job Requirements

Years of experience: 4

Academic Qualifications: Bachelor’s degree in Finance /Commerce /Accounting or a relevant discipline

Language proficiency: English & Swahili

Computer skills: Microsoft Office

Disclaimer

This list of responsibilities, accountabilities and working relation is not exhaustive, and the employee may be required to perform other duties in line with business requirements and at the direction.

• Managing daily cash flows and bank balances to ensure the company can meet all financial obligations as they fall due (solvency and liquidity). This includes managing operational cash balances and investing surplus cash.
• Preparing and monitoring detailed, often 12-month rolling, cash flow forecasts to predict cash requirements and inform decision-making.
• Assisting in managing the corporate debt portfolio, monitoring compliance with banking facility covenants, and ensuring access to short- and long-term financing to support business strategy.
• Managing day-to-day relationships with banking partners and other financial institutions, negotiating terms for banking services, and ensuring all bank accounts and electronic banking systems are managed securely and efficiently.
• Initiate new limits and follow the approvals to cover our receivables.
• Negotiate new products with the existing banks to support our company cashflow.
• Follow with the bank for the delayed transactions.
• Any other duty assigned by your Supervisor.
• Responsible for creating safe work environment, manage risks and reduce exposure to liability
• Support line Management in managing HSE Incidents, corrective/preventive actions

• Microsoft Office
• English & Swahili proficiency

• Bachelor’s degree in Finance /Commerce /Accounting or a relevant discipline