Manager Centralized Treasury - Trade, Insurance & Treasury Ops

1. Job Purpose         

(Summarize why this job exists)

Treasury Operations:

The purpose of this position is to serve as one point of contact at a managerial level for treasury operations across all the Engro subsidiaries. This position provides critical support in daily treasury operations to ensure smoother and quicker operations. This position also acts as an epitome of relationship management with internal and external stakeholders which fosters a healthy working environment in the treasury.

Insurance:

The purpose of this position is to supervise and manage appropriate financial risk mitigation through comprehensive insurance coverages for all identifiable business assets including business continuity coverage as well as management of insurance operations to ensure timely renewals and payments, manage and supervise all the insurance claims processing and stakeholders’ management.

2. Key Accountabilities & Performance Indicators

(Maximum 12/14 accountability statements in the form of verb/noun/result area). This section should answer the question “What are the main areas in which this job must get results in order to achieve its Purpose. Check for a link between the items listed and the KPIs of the organization)

3. Budget Responsibility

(Financial items which this position is accountable for or has a strong impact on. The money amount should be on an annual basis, rounded to nearest thousand, ten thousand, etc. Accountability for revenue and expenditure should be included)

*Number may change based on the business requirements and growth agenda. Please describe any other financial or money amount items that will help to understand the impact of this job. 

NOTES: For subordinate positions, please don’t include money amounts which are for the whole department, or for the supervisor / manager position.  If this position in fact does not approve budgets, or budget expenditure, or if this position does not have direct sales / revenue targets, then the above items should be blank.

Frameworks, Boundaries and Decision-Making Authority:

(Define the nature of policy/procedure/instruction constraints and the nature of reporting relationships with line manager as well as any relevant sign-off authorities)

1. Own Decisions (Types of decisions the incumbent can make)

• Resource Management
• Workload management
• Resource back-up planning
• Dispute resolution
• LC business to banks         
• Treasury and Insurance issues identification and their resolution

2. Types of decisions referred to higher authority or decisions which are controlled by policy

• Insurance Premium Rates finalization
• Policy changes and policy driven items

3. The review of the work expected from this position.

The primary role of this position is to supervise the work done by the treasury business partners and insurance lead who in turn review the daily tasks performed by the operations team. This position provides final review on presentations/ SOPs/ SLAs before it is routed to GM Shared Services/VP Finance.

4. What position(s) gives any further specific (formal) advice or guidance to this position

• VP Finance
• GM Shared Services
• CFOs / GM Accounts/Manager Accounts - Subs

4. Communication and Working Relationships

(Describe the purpose and nature of the main internal and external contacts, excluding line manager and direct reports, which are necessary to perform the job)

1. Main internal stakeholders:

• Subsidiary finance teams
• Subsidiary non-financial teams interlinked with subject matter processes.
• Digitization Lead / ICT GMs on automation
• Internal Audit

2. Main external stakeholders:

• Local Banks, DFIs, NBFIs, AMCs, Foreign lenders (IFC, DEG etc)
• Insurance Companies, Insurance Brokers, and Insurance Advisors
• External Auditors
• Legal Advisors
• Technical Advisors

5. Key Challenges

(Briefly describe the most difficult and complex aspects, the main challenges of the Job and/or other significant features not covered elsewhere.)

• Implementation of most optimal solution in coordination with industry experts and ICT/IS team against each identified project.
• Opening of Trade LCs in the absence of LC limit
• Managing business in times of constraints from regulatory authorities (such as SBP etc)
• Manging business Finance Day 1 financial closing requirements to ensure complete and timely closing while avoiding post-closing adjustments.
• Signatories Management

6. Knowledge, Skills & Abilities, Experience [KSAE] required

(Describe the minimum level of Knowledge, Years of experience and Must-Have Leadership and Technical/Functional skills)

Skills / Abilities & Key Knowledge Areas

7. Experience & Education (& Technical Qualifications if applicable) 

* also mention any license, registration, or certification specifically required to achieve the outputs expected from this job