Financial Coordinator

Description

Job Summary: Financial Coordinator with a focus on Treasury, responsible for cash flow management, financial risk management, and coordination of Accounts Payable and Receivable. Key Highlights: 1. Full treasury management and corporate financial health 2. Team coordination and working capital optimization 3. Protection against market and credit risks **Description** We are seeking a Financial Coordinator with strong treasury expertise to assume full responsibility for cash flow management, financial risk management, and coordination of Accounts Payable and Receivable. In this role, you will serve as the treasury focal point, ensuring the company’s financial health and liquidity. Your mission is to lead the team, optimize working capital, and protect the company against market and credit risks. **Responsibilities and Duties** Operational Activities and Internal Controls: Bank Account Management: Open, close, and manage the company’s bank accounts, including powers of attorney and authorizations. Accounts Payable and Receivable Management: Coordinate with collections and accounts payable departments to ensure timely payments and receipts, avoiding interest charges and penalties. Payments and Collections: Coordinate and execute supplier payments and receivables inflows. Access Control: Manage access to banking systems and investment platforms to ensure transaction security. Bank Relationship Management: Maintain and negotiate with financial institutions to secure optimal terms and rates for the company. Cash Flow Management: Cash Flow Forecasting: Prepare daily, weekly, and monthly forecasts of cash inflows and outflows. This includes analysis of customer receivables and supplier payments, salaries, taxes, and other expenses. Daily Balance Monitoring: Monitor bank account balances to ensure sufficient funds for operations. Bank Reconciliation: Reconcile bank statements with the company’s accounting records to identify and correct discrepancies. Balance Optimization: Manage balances across accounts to maximize returns and minimize interest costs by transferring funds between current accounts and financial investments. Financial Risk Management: Liquidity Risk: Ensure the company maintains sufficient funds to meet short-term obligations, including maintaining cash reserves and access to credit lines. Market Risk: Protect the company against fluctuations in interest rates, foreign exchange rates (foreign currencies), and commodity prices. This may involve using financial derivatives—such as forward or option contracts—to lock in future rates or prices. Credit Risk: Assess customers’ and partners’ payment capacity to prevent defaults. Investment Management and Fundraising: Financial Investments: Analyze and select optimal investments for excess cash, considering maturity and risk. Examples include Bank Deposit Certificates (CDBs), investment funds, and government securities. Fundraising: Identify and negotiate credit lines, loans, or bond issuances (e.g., debentures) to finance projects, expand operations, or cover working capital needs. Debt Management: Monitor the company’s indebtedness, tracking interest rates, maturities, and contractual conditions to avoid financial imbalance. Reporting and Strategic Analysis: Management Reporting: Prepare and present reports on cash flow, indebtedness, investment profitability, and risk exposure. Financial Feasibility Analysis: Evaluate the feasibility of new projects or investments by calculating return on investment (ROI) and payback period. Goal and Budget Management: Collaborate with other departments to define and monitor financial goals, ensuring adherence to the annual budget. **Requirements and Qualifications** Bachelor’s degree in Business Administration, Accounting, Economics, or related fields. Proficiency in ERP systems and advanced use of banking platforms (CIP, banking EDI, certifications). Minimum two years of experience in Treasury and in a leadership position. Advanced English proficiency.