Description:
Manager Corporate Finance & Treasury will be responsible for analyzing and reviewing historical financial performance of investee companies, building financial models, overseeing due diligence reports and ensuring efficient day-to-day treasury operations.
Job Responsibilities
- Conduct thorough due diligence on potential investment targets by analyzing their viability and assessing associated risks through agreement reviews
- Assess financial health, operational efficiency, and risk factors of potential investments.
- Provide insights into financial performance of existing investment portfolios, identifying areas for improvement and efficiency.
- Develop and implement treasury strategies to manage daily cash position ensuring optimal fund utilization
- Explore investment opportunities including but not limited to, term deposits, placements of funds in government securities (T-bills, PIBs etc.) to ensure maximization of financial returns and contribute towards sustainability of the organization.
- Assist the CFO in establishment of Escrow Accounts including review of escrow agreements, negotiations on escrow fee and deposit rates etc.
- Ensure timely presentations to the Treasury Committee in compliance with the Treasury Policy.
- Ensure strict compliance of the Treasury Policy approved by the Board of Directors of the Company.
- Manage banking relationships, negotiate terms, and ensure SBP regulatory compliances.
- Liaison with authorized dealer (intermediate bank) and the regulator (SBP) to ensure smooth handling and processing of all international remittances.
- Ensure bank report is updated daily and shared with the CFO to enable them in making informed decisions
- Conduct monthly reconciliation of bank accounts and further ensure all discrepancies are reported to the banks in time
- Prepare profitability reports on monthly basis to ensure profits credited by the banks are aligned with agreed deposit rates
- Assist the management in digitalization of end-to-end payment process
- Any other task necessary to ensure the optimum performance of the Finance department at Karandaaz
Eligibility
Education & Experience
- Masters’ Degree in Finance or equivalent qualification such as CA/CFA/ACCA.
- 5-7 years of experience in the field of Corporate Finance and Treasury Management. Specific experience in carrying out due diligence of investment transactions, preparing business plans and developing financial models.
Knowledge, Skills & Abilities
- Understanding of the financial sector and an appetite to learn more
- Awareness and understanding of the wider business, economic and market environment in which Karandaaz Pakistan operates.
- Knowledge of reputable financial MIS such as SAP, Oracle, Dynamics.
- Well-versed with the updates in foreign exchange and Operations Manual released by the State Bank of Pakistan (SBP)
- Intermediate level skill in Microsoft Office (Excel, Word, PowerPoint) and Google Workspace
- Time management skills
- Planning and organization skills
- Relationship management
- Attention to detail
- Ability to handle high-pressure situations
- Ability to meet deadlines while handling multiple tasks at the same time
- Ability to work with a diverse team of people