Manager Cash Management Job 2024- U Microfinance Bank Pakistan

A Manager of Cash Management, also known as a Cash Management Manager, is a professional responsible for overseeing the cash management activities of an organization. Cash management involves the efficient and effective management of a company’s cash flows, including monitoring, controlling, and optimizing the cash position to meet operational needs and financial objectives. Manager Cash Management

Responsibilities

1. Cash Forecasting: Developing and maintaining accurate cash flow forecasts to determine the organization’s cash needs and ensure sufficient liquidity.
2. Cash Position Management: Monitoring and analyzing the organization’s daily cash position, including cash inflows, outflows, and account balances.
3. Cash Flow Optimization: Implementing strategies and practices to optimize cash flow, minimize idle cash, and maximize returns on surplus funds.
4. Cash Reporting and Analysis: Generating regular reports on cash positions, variances, and trends, and providing analysis to management for decision-making purposes.
5. Working Capital Management:
6. Banking Relationship Management:
7. Cash Handling Policies and Procedures: Developing and implementing policies, procedures, and controls to ensure the secure and efficient handling of cash, including cash collection, cash disbursement, and reconciliation processes.

Skills

1. Analytical Skills: Proficiency in financial analysis, forecasting techniques, and data interpretation to assess cash flow patterns and make informed decisions.
2. Risk Management: Knowledge of risk identification, assessment, and mitigation techniques to manage cash flow risks, such as liquidity risk and interest rate risk.
3. Banking and Treasury Services: Familiarity with various cash management products, services, and banking platforms offered by financial institutions.
4. Communication and Collaboration: Excellent interpersonal and communication skills to collaborate with internal stakeholders, banks, and other external parties.
5. Attention to Detail: Strong attention to detail to ensure accuracy in cash management activities, reconcile accounts, and identify discrepancies.
6. Problem-Solving: Ability to identify and address cash management issues, implement solutions, and handle unexpected cash flow challenges.

Qualification

• Bachelor’s Degree
•  3 – 4 years of Experience

Job Details

Preferred Candidate

• Residence Location: Pakistan