Treasury and Taxation Manager

Job Purpose

Managing tax provision and cash management operations and reporting in line with legislations and policies ensuring timeliness and accuracy.

Key Roles and Responsibilities

• Contribute to the development of Corporate Finance Division’s plan and develop operational plan of the Treasury and Taxation Function according to set objectives.
• Develop Treasury and Taxation key performance indicators and continuously monitor progress towards operational plan.
• Implement Treasury and Taxation Function framework, methodologies, techniques and principles.
• Ensure that Treasury and Taxation Function operational plan is well communicated and understood at all levels.
• Optimize resources and ensure team is efficient and provide recommendations for improvement.
• Develop budget requirements for Treasury and Taxation Function ensuring alignment to plans and needs.
• Develop procedures ensuring all actions are conducted in a systematic manner.
• Take operational decisions and escalate key decisions to senior management when required.

Key Roles and Responsibilities 2

• Enhance and promote improvements in cash management ensuring financial obligations are met in accordance with WTCO policies and procedures.
• Manage cash operations and bank relations ensuring proper cash flow in line with policies and procedures.
• Ensure effective use of budget resources and highlight variances.
• Ensure that payment letters, invoices, payment orders, etc. are matching and in line with policies and guidelines.
• Identify allocated cash as per approved budget for petty cash activities and ensure reconciliation for records alignment and compliance purposes.
• Forecast, monitor and track cash flow in line with applicable regulations.
• Keep abreast tax laws and communicate internally for awareness and implementation.
• Approve tax provision schedules and ensure accurate and timely calculation of tax payments and preparation of tax forms in line with legislations.
• Develop reports for management and local authorities to maintain compliance and reporting.
• Build and maintain solid relations with external stakeholders such as governmental entities and consultants to serve WTCO’s best interest.
• Approve reports and presentations related to Department activities and achievements for reporting and decision-making.

Key Roles and Responsibilities 3

Education Requirements

Key Communications

Internal Stakeholders

• All departments

External Stakeholders

• Suppliers
• Banks
• Local Authorities

Disclaimer

The above job description is meant to describe the general nature and level of work being performed; it is not intended to be constructed as an exhaustive list of all responsibilities, duties, and skills required for the position. Accordingly, there is no way this Job Description states or implies that these are the only duties to be performed by the employee in this position. Employees will be required to follow any other job-related instructions and to perform other job-related duties.