Treasury Officer at Umutanguha Finance Company Plc: (Deadline 22 July 2024)

Treasury Officer at Umutanguha Finance Company Plc: (Deadline 22 July 2024)

ADVERTISEMENT OF ONE (1) VACANT POST TO THE POSITION OF TREASURY OFFICER

UMUTANGUHA Finance Company (UFC) Plc, a company duly registered in the office of the Registrar General under company code number 101310843, licensed by National Bank of Rwanda to operate as Micro Finance Institution in Rwanda headquartered in Kigali, Opposite Nyamirambo Stadium, House # 177, KN2 Avenue, P.O Box 2998 Kigali, Tel 0788387730, email: [email protected] is recruiting self-motivated, creative, persuasive individuals with excellent communication to fill the positions of Treasury Officer with the following details:

Position  : Tresury Officer

One (1) Vacant Post at UFC Plc Head Office

Location : Rwanda

Job category : E-3

Type of recruitment : External,

Closing date : 22^nd July 2024 at 8:00 AM

PURPOSE OF THE POSITION

The Treasury Officer manages cash supply in branches, oversee cash movements, maintain liquidity on a daily basis, and facilitate the payment of Head Office expenses.

Additionally, the Treasury officer is responsible for reconciling treasurer accounts on a daily basis and collaborating effectively with relevant stakeholders.

MAIN RESPONSIBILITIES

Cash Management & expenses payment

• Supervise cash supply in branches to ensure operational efficiency.
• Monitor cash movements in branches, including increases and decreases, by utilizing available systems.
• Manage liquidity on a daily basis to meet operational requirements.
• Initiate payment of expenses for Head Office, subject to approval by the Chief Accountant.
• Conduct daily reconciliation of treasurer accounts to ensure accuracy and compliance

Foreign currency operations

• Process Forex transactions, foreign exchange funding efficiently and accurately.
• Solicit and market FOREX services, Derivatives and other Funds Management products to customers and manage Forex Exposures
• Negotiate and transact FOREX deals (swaps, forwards., etc) with correspondent banks and co-ordinate settlement
• Process sale and purchase of foreign currencies
• Process Inter-bank and Discount House Transactions
• Prepare daily blotter showing purchases and sales of foreign exchange
• Prepare memo to sell unutilized L/C balances to Central Bank when they exist
• Prepare returns on purchases and sales and submit to Supervisor on weekly basis
• Prepare returns on inter-bank purchases and ales and submit to Central Bank monthly
• Partner with corporate Banking customers; SWAP and Derivatives Trading
• Collaborate with the relevant authorities for foreign exchange transactions.
• Monitor and analyze developments in the environment and their implications on FOREX deals for management information

Reporting and documentation

• Prepare and submit reports to the Director of Finance (DAF) as required.
• Maintain accurate documentation of all transactions and activities.

Other

• Ensure compliance with regulatory requirements and internal policies.
• Collaborate effectively with regulatory bodies such as BNR
• Any other related duties assigned by the supervisor

Requirements:

• Bachelor’s degree in Accounting, Finance, or related field.
• Professional certification such as ACCA, CPA, or equivalent will be an added value.
• At least 4 years’ experience in banking or micro finance sector in operations or Finance services;
• Maximum age 40 years’ old

KNOWLEDGE, SKILLS & ABILITIES

• Understanding of cash management principles and techniques.
• Knowledge of financial instruments, including Forex transactions and derivatives.
• Familiarity with regulatory requirements related to treasury operations.
• Knowledge of accounting principles and practices.
• Understanding of banking operations and procedures
• Analytical skills for monitoring cash flows and Forex market trends.
• Attention to detail for accurate documentation and reconciliation.
• Communication skills for interacting with stakeholders and regulatory bodies.
• Negotiation skills for Forex transactions with correspondent banks.
• Problem-solving skills for resolving discrepancies and issues in cash management.
• Ability to collaborate effectively with team members and external partners.
• Ability to prioritize tasks and manage time efficiently.
• Ability to maintain confidentiality and integrity in handling financial transactions.

Application documents:

• Application letter
• Curriculum vitae
• Studies documents (copies of Certificates, academic transcripts, degree, etc)
• Training and experience documents
• Employment Certificate
• A list of three references and their contacts

Note: All documents should be scanned in one document and be electronically submitted to: [email protected] (Please mention the position you are applying for in the email subject).

The deadline for receiving applications is 22^nd July 2024 at 8:00 AM

NB:

• Only short-listed candidates will be contacted

Done at Kigali, 10^th July 2024.

Mrs. Josephine MUKUNDIYIMANA Mr. Noel MUHAWENIMANA

HR& Admin Manager Chief Executive Officer