Cash Flow Specialist
5 days ago
20Cube Logistics is seeking a skilled Cash Flow Specialist - CA to join our team. As a key member of our finance department, you will play a crucial role in managing our cash flow and implementing effective financial strategies.
We offer a salary of $130,000 per year, along with additional benefits such as health insurance and retirement savings plan.
Job Description:
The Cash Flow Specialist - CA will be responsible for developing and maintaining controlled cash flow forecasts, utilizing AP data to prepare country-specific cash plans, and collaborating with regional teams to gather insights and improve forecasting accuracy.
Key Responsibilities:
- Cash Flow Forecasting:
- Develop and maintain controlled cash flow forecasts covering daily, weekly, monthly, quarterly, and yearly plans.
- Utilize AP data to prepare country-specific cash plans and consolidate information at the holding company level.
- Collaborate with regional teams to gather insights and improve forecasting accuracy.
- Settlement Management:
- Establish planned settlement dates for agent payments and inter-company transactions to stabilize cash outflows.
- Implement a global netting process for inter-company settlements to optimize cash management.
- Define, implement, and standardize AP business rules to streamline operations and ensure compliance.
- Risk Management and Working Capital Optimization:
- Formulate and execute FX hedging strategies to mitigate risks related to currency fluctuations and monitor foreign exchange positions and provide recommendations to senior management.
- Regularly review working capital limits to ensure efficient cash rotation and monitor cash usage and develop strategies to optimize working capital.
Required Skills and Qualifications:
A Chartered Accountant (CA) with more than 6-9 years of post-qualification experience preferably in a Treasury team having knowledge of working capital management and cash forecasting/planning.
Benefits:
We offer a competitive salary, health insurance, and retirement savings plan as part of our comprehensive benefits package.
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