Assistant Manager, Treasury IMKAN Properties

KEY ACCOUNTABILITIES:

Treasury Operations & Cash Management:

• Monitor and manage daily cash flow requirements to ensure adequate liquidity for operations and project financing.
• Optimize working capital by overseeing receivables and payables.
• Maintain cash forecasts and develop short-term and long-term cash flow projections.
• Ensure proper execution of payments, bank reconciliations, and treasury transactions.

Banking & Financial Relationships:

• Maintain strong relationships with banks and financial institutions to ensure efficient banking services.
• Assist in negotiating loan agreements, bank facilities, and credit lines to support real estate project financing.
• Monitor and ensure compliance with bank covenants and funding agreements.

Investment & Risk Management:

• Manage surplus funds by recommending short-term investment strategies aligned with company policies.
• Ensure compliance with treasury policies, financial regulations, and risk management protocols.

Debt & Financing Management:

• Support the evaluation, structuring, and execution of debt financing for real estate projects.
• Assist in preparing financial models and funding strategies to optimize capital structure.
• Monitor loan drawdowns, repayments, and interest costs to ensure effective debt management.

Escrow Account Management

• Oversee the management of escrow accounts, ensuring compliance with regulatory and contractual requirements.
• Monitor fund inflows and outflows from escrow accounts and coordinate with AR team for periodic reconcile reconciliation.
• Liaise with internal stakeholders (e.g., legal, Development, project management) and external parties (e.g., banks, clients) to ensure smooth escrow operations.
• Prepare and submit periodic reports on escrow account activities.

Reporting & Compliance:

• Prepare and analyse treasury reports, cash flow statements, and liquidity metrics for senior management.
• Ensure compliance with financial reporting requirements, regulatory guidelines, and internal policies.

Systems

• Assist in providing input to the development and enhancements of Treasury systems in coordination with other concerned department to meet the business objectives.