Position: Senior Cash Flow and Liquidity Management Officer

Job Time: Full-Time

Job Type: Permanent

Place of Work: Addis Ababa, Addis Abeba - Ethiopia

Posted date: 1 hour ago

Deadline: October, 27/2024 (4 days left)

Amhara Bank S.C is very young in Business life and it has been operating with an aggressive momentum since joined the financial sector with more than 5,000 energetic employees, and visionary leaders with more than 312 branches so as to achieve its vision “To be leading and game-changing Bank in Africa”. The Bank would like to invite qualified and competent applicants to apply for the following vacant post.

Essential Functions

Job Position: Senior Cash Flow and Liquidity Management Officer

Purpose of the Job: To ensure the bank has adequate cash to fulfill its financial obligations by analyzing, managing and forecasting daily cash flows.

Generic Functions

• Actively participate in developing, reviewing, and implementing policies & procedures, plan /budget of the division

• Provide services as per the service level agreement;

• Contribute to the Bank’s profitability as per the target set;

• Provide the concerned organ with timely, relevant, accurate, and complete reports on the plan performance;

• Implement timely corrective action on deficiencies and issues that have been raised or reported by different internal and external regulatory bodies.

Specific Functions

• Analyze, develop, and recommend effective strategies to improve cash flow practice and management of the bank;

• Compile and analyze daily cash flow transaction data to properly oversee the liquidity position of the bank;

• Analyze financial data and market trends to identify potential risks and opportunities;

• Address liquidity risks by assessing the cash flow status associated with the bank's ability to meet its short-term financial obligations

• Set control mechanisms to ensure that total cash allocation does not exceed approved budgets;

• Based on the liquidity position of the bank, recommendations investments, and debt management to ensure the financial health of the bank;

• Propose and follow up on the automation’s liquidity management-related reports;

• Prepare Asset-Liability Committee (ALCO) report;

• Handle other related duties as may be required.

Job Requirement

Qualification: BA in Accounting, Finance, Business Management, Economics, Business Administration/ or any other related fields.

Experience: 5 years of relevant Banking experience out of which 2 years as an Officer Experience on Temenos T24.

Note:

• Female applicants highly encouraged

• Only shortlisted candidates will be communicated

• Hard copy or physical applications will not be accepted

• The Bank has the right to cancel the post-advertised

How to Apply

Apply using THIS LINK