Cash Flow Monitoring and Forecasting:
- Continuously monitor and analyze cash flow trends and liquidity requirements.
- Develop short-term and long-term cash flow forecasts to ensure the company's liquidity needs are met (3-way models)
- Maintain and optimize cash reserves to cover operational expenses and strategic initiatives.
Strategic Cash Flow Management:
- Develop and implement strategies to maximize cash flow efficiency and minimize working capital requirements.
- Identify opportunities to enhance cash flow through improved inventory management, supplier negotiations, and AR collections.
- Collaborate with cross-functional teams to execute cash flow improvement strategies.
Balance Sheet Optimization:
- Analyze the company's balance sheet to identify opportunities for optimization, including efficient use of assets and liabilities.
- Implement strategies to improve working capital, reduce excess assets, and manage liabilities effectively.
- Ensure that balance sheet activities align with the company's financial goals and strategy.
Financial Reporting and Analysis:
- Prepare and analyze cash flow reporting and performance.
- Standardize financial reporting across global subsidiaries and prepare consolidated cash flow reporting.
- Provide insightful financial analysis to senior management for informed decision-making.
- Monitor and report on key financial metrics related to cash flow, balance sheet performance.
Bank Reporting and Covenant Management:
- Prepare and submit timely and accurate financial reports to banks, including covenant reporting as required by loan agreements.
- Monitor compliance with financial covenants and coordinate with banks to address any potential issues or waivers as necessary.
Accounts Receivable Management:
- Oversee accounts receivable collections and credit management to improve cash inflow.
- Analyze customer creditworthiness and develop strategies to minimize bad debt.
Financial Software and Tools:
- Utilize financial software and tools, such as Excel and financial modeling software (Adaptive), to conduct financial analysis and reporting.
