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SSC HR Solutions

Banking Section Head - Corporate Treasury

TreasuryConfirmed live in the last 24 hours
Full-timeCairo, Cairo Governorate, EgyptNo salary listed

About the Job

Requirements

  • Requires 8–9 years of experience in corporate treasury or banking operations, with hands-on exposure to both onshore and offshore banking.
  • Ideally, the candidate will have handled a portfolio of $150 million or more.
  • Experience working with Direct Foreign Institutions or foreign banks is an advantage.
  • Requires working knowledge of trade finance instruments (letters of credit and letters of guarantee), forex transactions, cash and liquidity management, and Egyptian/CBE banking and exchange control regulations.
  • Requires practical understanding of banking and financing documentation, with exposure to term sheets and credit facility agreements.
  • Requires strong analytical and numerical skills, attention to detail, and control.
  • Requires excellent communication skills and a track record of building effective relationships with banks and internal stakeholders.
  • Requires flexibility and adaptability, and comfort operating in a multicultural, fast-paced team environment.
  • Requires a Bachelor's degree in Finance, Accounting, or Business.
  • Requires proficiency in MS Office.
  • Requires SAP tax/finance modules.
  • Requires proficiency with banking portals, ERP/treasury systems, and advanced MS Excel.
  • Requires fluency in English.

Responsibilities

  • Manage day-to-day operations of all onshore and offshore bank accounts, including account opening and closing, signatory updates, and online banking platform administration.
  • Execute and monitor domestic and cross-border payments and transfers, ensuring accuracy, timeliness, and compliance with applicable regulations, including CBE and exchange control requirements.
  • Maintain the bank facility register covering limits, utilization, and renewal dates across onshore and offshore banks, and flag renewal or covenant requirements in advance.
  • Coordinate KYC, account documentation, and periodic compliance submissions requested by banks.
  • Prepare and maintain short- and medium-term cash flow forecasts across onshore and offshore entities, identifying surplus or deficit positions.
  • Recommend and execute fund transfers, intercompany funding, cash pooling and sweeping, and short-term placement or borrowing to optimize liquidity and banking costs.
  • Monitor working capital facility utilization and coordinate drawdowns and repayments with banks.
  • Process and follow up on trade finance instruments, including letters of credit, letters of guarantee, bill discounting, and supplier financing, including issuance, amendments, and bank coordination.
  • Execute spot and forward forex transactions within approved limits and the Group's hedging policy, and track forex exposures and rate movements.
  • Support maintenance and reporting of interest rate and forex risk positions.
  • Serve as the primary day-to-day contact for onshore and offshore banking partners, resolving queries and requirements promptly.
  • Coordinate with accounting, legal, and commercial departments to gather documentation required by banks.
  • Monitor and comply with anti-fraud controls, treasury policies, and internal and external audit recommendations relating to banking operations.
  • Prepare periodic MIS, treasury dashboards, and debt and facility utilization reports for the CFO and senior management.
  • Maintain accurate records supporting bank reconciliations, treasury controls, and audit requirements.
  • Support the CFO in structuring, reviewing, and negotiating credit facilities, term sheets, and legal and banking agreements with banks and lawyers.
  • Assist in sourcing working capital and trade finance facilities from commercial banks, and provide supporting analysis for engagement with multilateral institutions where relevant.
  • Contribute treasury data and analysis to financing proposals, board papers, and debt reviews prepared by senior management.

Desired Qualifications

  • Experience working with Direct Foreign Institutions or foreign banks is an advantage.
  • Prior exposure to multilateral institutions (IFC, DEG, EBRD, or FMO) is an advantage but not required.
  • A professional qualification such as CA, CFA, CTP, or equivalent is preferred.
  • Financial modelling skills are an advantage.
  • Arabic is an advantage.

About the Company

SSC HR Solutions

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