Senior Manager, Tax & Treasury

Job title : Senior Manager, Tax & Treasury

Role Description

• To assess, monitor, plan and manage the efficient utilization of cash and financial services in a manner consistent with the objectives of the Company.
• Understand, manage, and supervise all aspects of cash flow.
• Forecast daily cash requirements and execute daily financing decisions.
• Manage longterm and shortterm investment strategies.
• Determine the Company’s goals and risk tolerance and undertake risk management activities to protect the Company’s financial wellbeing;
• Determine the Company’s tax position and the applicability of taxable/nontaxable instruments.
• Assess performance benchmarks and recommend changes when warranted.
• Review and recommend changes to the investment policies based on the market conditions.
• Maintain a system of policies and procedures that impose an adequate level of control over treasury activities.
• Prepare or monitor company’s various cash flow forecasts and perform financial modelling.
• Evaluate, develop and implement cash management systems to optimize efficiencies.
• Understand and manage appropriate accounting procedures and processes.
• Manage relationships with financial service providers and maintain positive working relationships;
• Monitor bank service fees and address quality issues.
• Conduct benchmark studies of banks and their services to evaluate whether it fits Smile’s requirements and keep up to date with financial and industry developments;
• Meet with cash management banks to plan cash management vs. Smile’s needs.
• Evaluate alternative longterm borrowing strategies and make recommendations in accordance with the capital structure guidelines.
• Recommend, implement and maintain process improvements.
• Evaluating the financial impact of new business ventures;
• Negotiating loan and overdraft terms with Company bankers;
• Providing advice on financial matters impacting the Company as a whole;
• Deliver a full range of tax services in compliance with laws and regulations within timeframe
• Build relationships and interact with clients to provide excellent planning, consulting and expertise
• Preparations of monthly VAT, income tax, withholding tax and review complex tax returns
• Identify tax and business risks and mitigate these timely
• Manage and coordinate tax audits and determine the Company’s tax position and the applicability of taxable/nontaxable instruments
• Managing and supervising all aspects of cash flow, including optimizing all working capital and commercial cash flow.
• Manage day to day treasury operations for OpCo
• Manage the OpCo bank accounts, cash management and short term investments
• Develop and implement treasury systems project including reporting metrics and processes
• Develop and maintain policies and procedures within the department
• Evaluate, develop and implement cash management systems to optimize efficiencies
• Manage relationships with financial service providers and monitor bank service fees on all transactions.
• Review daily bank reconciliation against bank statement and general ledger

Essential Skills

• Extensive experience in preparing cash forecasts and cash flow analyses.
• Experience in building complex financial models to evaluate various financial plans.
• Experience in presenting and preparing proposals to recommend new products/services.
• Knowledge of investment portfolio strategy, banking, and financial instruments

Personal Qualities & Behavioural Traits

• Advanced spreadsheet and modeling skills. 
• Advanced analytical, organization, and interpersonal skills
• Excellent collaboration, verbal and written communication skills.
• Able to break down problems into meaningful parts and come to rational and wellthought out conclusions.
• Attention to detail and accuracy.
• Interested in process improvement.
• Willing to adapt quickly to quick changes in direction.
• Internally motivated to seek out answers, generate ideas, and develop new skills