Treasury Executive

Job Description

Role & responsibilities Daily cash flow: Check that all account statements have been received Analyse discrepancies (forecasts/actual figures) Forward items to accounting (factor transfers received/virtual cash flow monitoring) Forward position to Fosun Establish the cash position for the day Balance accounts 2. Weekly tasks: Produce A/P balances, forward to accounting, process OPEX/CAPEX, forward to purchasing (file used to build 6-week forecasts) Once customer payments have been recorded and reconciled, export customer balances for integration into the collection software (ASTON) and compile files of customer arrears and the file for direct payment forecasts Update the rolling six-week forecasts (with input from SAP download, forecasts from site controllers and annual budget) Calculate the envelop to pay and to communicate it to purchasing Submit financing requests to the factor At the end of the week: implement Aston comments and actions taken by the teams 3. Customer reminders (twice a month, this can be allocated to another function if needed) Follow up with all customers, follow up on internal disputes, then track all customer responses and internal responses, keep Aston up to date, resend duplicate missing invoices, etc. Monthly review: prepare report and follow up 4. Monthly closing tasks: Provide bank balances and current account balances to accountants Provide interest scales Check KYRIBA/SAP bank balances Download bank statements Update and distribute group loans: update rates, check interest charged, check SAP balances, distribute the internal table and the table for Fosun Preferred candidate profile B Com , MBA Exp in Pharma sector Exp in Treasury Operations Must Know French