JOB OFFER: Treasury Manager – ARNO Group

EXTERNAL RECRUITMENT
The ARNO Group is recruiting for its company ARNO SA 01 a Treasury Manager based in Douala

MISSIONS

The Treasury Manager offers sound management of company funds under the responsibility of the DAF: he is responsible for monitoring financial flows , payment of suppliers on time, monitoring of recovery and the operational relationship with the banks. It guarantees the exchange risk of all import operations and ensures the best exchange rate during supplier payment. It transmits all information concerning cash flows to company directors and guarantees the relevance of customer and supplier accounts. In addition, it ensures, supervises and controls the accounting processes of companies with a view to guaranteeing reliable accounting and financial information within prescribed deadlines.

ACTIVITIES

General information regarding cash management

Manage cash flows: receipts and disbursements
Ensure that the company can meet its deadlines at any time (suppliers, taxes, etc.)
Ensure flow control by ensuring regular monitoring entries and exits and the stability of bank accounts
Manage information, particularly that concerning the circulation of data between banks and the company
Develop cash flow forecasts
Make a daily, weekly then monthly summary of actual cash flows and analyze deviations from forecasts
Seek to optimize financial profitability and identify operating risks while avoiding jeopardizing the general balance of the company
Carry out the analysis of financial costs transmitted to the group’s management
Establish the position daily cash flow
Forecast and anticipate events having an impact on cash flow
Special information regarding cash management

Provide managers with the cash flow situation by bank every day.
Ensure that customer, customer and supplier advance accounts are correctly documented and up to date.
Establish the status of supplier due dates (ECF) each week to prepare payments to be sent to the banks one week before the due date
Give the list of foreign supplier payments to prepare
Give the list of local supplier payments to prepare
Work on forecasts of the treasury in order to warn the Financial Director of any risks of insufficient resources and allow him to negotiate them with the banks.
Cover all import operations against all exchange risks.
Negotiate with banks the best exchange rate for each supplier payment.
Update the table of lines granted by the banks each year with the Group DAF and send them to them.
Monitor deposits and send the situation to each director every month.
Update the summary of guarantees given each year
Check the interest scales and commissions on foreign financing (LCSB, guarantees, LC, etc.)
Accounting

Every day: Edit bank account statements via the Internet.
Every day Make cash entries (Bank)
Every day Make bank reconciliations
Apply third-party accounts (customers “with regard to transfers”, suppliers “with regard to checks”)
Control bank fees and commissions
Monitor Credoc file deadlines (weekly)
Every day: Monitor discount deadlines
Attend periodic closings (monthly and annual)
Ensure compliance with internal procedures.
Banking relationship

Ensure daily communication with those responsible for our bank accounts in our agencies
Negotiate our pricing conditions as fairly as possible and in the best interests of the Arno Group
Prepare the renewals of our lines by anticipating the renewal date
Check the banking contracts upon receipt of these
Monitoring of administrative files of all banks
Monitoring of guarantees with request for release when due
PROFILE

Graduate of training in accounting or finance (Bac+3 minimum); you have significant experience and solid knowledge in cash management with several years of experience in this position.
REQUIRED SKILLS

Absence of late supplier payment
Compliance with information transmission deadlines
Quality of information on supplier accounts
Loss of exchange when paying in USD
Compliance with accounting closing deadlines
Quality of entry and compliance with accounting and analytical imputations
Mastery perfect knowledge of Sage 1000
Mastery of general and analytical accounting
Perfect mastery of Excel (expert level)
QUALITIES REQUIRED FOR THE POSITION

Rigor and precision, particularly in figures, because any error in analysis or transcription can result in a loss of money for the company.
Ability to analyze situations and provide solutions quickly.
Relational skills in order to integrate into a financial team and communicate with financial institutions.
Responsiveness because the treasurer works on a short-term basis, the time allocated to reporting is increasingly short.
Ability to resist stress because it is a job with high responsibility.
Be a source of proposals in order to improve existing processes.
This job description is not exhaustive, and the incumbent may be required to carry out other missions depending on the evolving needs of the company.

APPLICATION FILE:

CV and cover letter to be sent to the email address rh@groupearno.com with the subject: “TREASURY MANAGER (M/F)”

Deadline for admissibility of application files: 01/28/2024 .

Only pre-selected candidates will be invited.

NB: Female applications are strongly encouraged.