Assistant Manager Treasury (Trade Finance)

Bestway Cement Limited; Islamabad; On-site; PKR 1,200,000 - 2,000,000; Full time

Job summary

Bestway Cement Limited in Islamabad seeks an Assistant Manager Treasury to oversee daily treasury operations, banking relationships, and trade finance activities in line with SBP regulations.

You will manage LC openings, cash forecasting, and insurance coordination for imports, coordinating with banks, insurers, and internal stakeholders to ensure timely and compliant processing.

Qualifications

• MBA / MS Finance or ACCA / CFA required.
• 2–3 years of experience in banking or treasury (trade finance preferred).
• Automotive sector experience is a plus.

Responsibilities

• Monitor daily cash positions across all bank accounts.
• Prepare rolling cash flow forecasts (weekly/monthly).
• Ensure funds are available for vendor payments, taxes, salaries, and other obligations.
• Optimize utilization of running finance (RF) and overdraft limits.
• Open and manage Letters of Credit (LCs) for imports (CBU/CKD units & spare parts).
• Ensure compliance with SBP import regulations and HS code requirements.
• Coordinate with clearing agents and banks for timely retirement of documents.
• Arrange marine insurance coverage for all imported shipments.
• Coordinate with insurance companies for timely policy issuance.
• Liaise with surveyors and insurers in case of damage or loss claims.
• Ensure timely submission of claim documentation and follow up for settlement.
• Ensure compliance with SBP foreign exchange regulations.
• Handle reporting through Pakistan Single Window (PSW).
• Manage Form-I, E-Form (if applicable), and other regulatory filings.
• Liaise with banks for approvals related to imports and foreign remittances.

Skills

Coordination & communication

Financial analysis

Attention to detail

Education

MBA / MS Finance or ACCA / CFA

Tools

Microsoft Office

SAP

Job description

Assistant Manager Treasury (Trade Finance)

• Department: Finance

Position Purpose

The role is responsible for managing dailytreasury operations, banking relationships, trade finance activities, andinsurance coordination in compliance with State Bank of Pakistan (SBP)regulations.

Job Description

• Monitor daily cashpositions across all bank accounts
• Prepare rolling cash flowforecasts (weekly/monthly)
• Ensure availability offunds for vendor payments, taxes, salaries, and other obligations
• Optimize utilization ofrunning finance (RF) and overdraft limits.
• Open and manage Lettersof Credit (LCs) for imports (CBU/CKD units & spare parts)
• Ensure compliance withSBP import regulations and HS code requirements
• Coordinate with clearingagents and banks for timely retirement of documents
• Arrange marine insurancecoverage for all imported shipments (vehicles, CKD kits, spare parts)
• Coordinate with insurancecompanies for timely policy issuance
• Liaise with surveyors andinsurers in case of damage or loss claims
• Ensure timely submissionof claim documentation and follow up for settlement
• Ensure compliance withSBP foreign exchange regulations
• Handle reporting throughPakistan Single Window (PSW)
• Manage Form-I, E-Form (ifapplicable), and other regulatory filings
• Liaise with banks forapprovals related to imports and foreign remittances

Experience and Qualification

• MBA / MS Finance or ACCA / CFA
• 02–03 years of experience in banking or treasury, preferably in tradefinance.
• Experience in the automotive sector will be an addedadvantage.

Specific Requirements

• Strong proficiency in Microsoft Office and SAP
• Sound knowledge of SBP regulations and trade finance operations
• Experience in marine insurance and claims handling
• Hands-on experience with LCs and import documentation
• Strong coordination and communication skills withbanks, insurers, and internal stakeholders.