Treasury Business Partner

Full Time
  • Full Time
  • Karachi

Website Engro Corporation

For nearly 6 decades, Engro Corporation Limited has been working toward its vision of becoming the premier Pakistani company with a global reach. Now, Engro is one of the Country’s largest conglomerates and has businesses in 4 verticals: food & agriculture, energy & related infrastructure, petrochemicals, and telecommunication infrastructure. Every day, the 3500-member Engro community devotes its skills to help solve some of today’s most pressing issues. While focusing efforts on instilling truth, trust, and the relentless pursuit of excellence to build character in its people and businesses, Engro aims to champion countless people to lead future progress. Engro’s shift towards an inclusive business model ties in with a belief that developed value chains are necessary to achieve sustainable growth. Be it through best practice trainings in farming, fishing, and vocational trades, or access to healthcare and education, Engro is devoted to creating life-changing opportunities and has, to date, impacted over a million people through its social initiatives. For more on the Holding Company: Engro Corporation Limited http://www.engro.com For info on our International Trading Arm Engro Eximp FZE http://www.engro.com/engro-eximp-fze/ For info on our Petrochemicals vertical: Engro Polymer & Chemicals Limited http://www.engropolymer.com For info on our Food & Agri vertical: Engro Fertilizers Limited http://www.engrofertilizers.com Engro Eximp Agriproducts http://www.engro.com/engro-eximp-fze/ For info on our Energy & Related Infrastructure vertical: Engro Energy Limited http://www.engroenergy.com Engro Elengy Terminal Limited http://www.engro.com/engro-elengy/ Engro Vopak Terminal Limited http://www.engrovopak.com For info on our Telecommunication Infrastructure vertical: Engro Enfrashare (Private) Limited http://www.engroenfrashare.com

Join the Engro Team: Treasury Business Partner – Trade and Treasury Operations

Location: Karachi Head Office, Engro Corporation

Are you a seasoned Finance professional eager for a new and exciting challenge? Engro Corporation invites you to apply for a remarkable opportunity to become a part of our Finance team as a Treasury Business Partner, specializing in Trade and Treasury Operations.

Requirements:

  • Minimum Bachelor’s degree in Finance from a renowned university.
  • A minimum of 4 – 6 years of relevant experience within the finance field.

Overall Responsibilities:

As a Treasury Business Partner at Engro Corporation, you will:

  • Act as a vital link to Engro Fertilizer’s finance team, overseeing treasury operations and maintaining periodic communication regarding performance and control health.
  • Efficiently manage all operational aspects, ensuring the closure of treasury operations transactions adhering to the Key Performance Indicators (KPIs) established in the Service Level Agreement (SLA).
  • Facilitate the timely initiation of Letters of Credit (LCs), contracts, and submission of remittance cases to the State Bank of Pakistan (SBP). Collaborate with the Group Treasury team when necessary for LC limit enhancements to support business operations, while also ensuring the punctual retirement of LCs and trade transactions.
  • Ensure the timely repayment of short-term and long-term loans (including quarterly rental payments for Sukuk) in accordance with the agreed loan schedule with the Group Treasury. Negotiate favorable exchange rates for such transactions.
  • Oversee the operational team to guarantee the timely execution of operational tasks, including the daily management of fund transfers and accurate recording of all investment transactions in designated templates.
  • Engage in negotiations for exchange rates pertaining to import and export payments.
  • Manage the settlement of LCs, bank contracts, and other incoming and outgoing remittances while proactively addressing risks associated with treasury activities and closely monitoring FX prices.
  • Champion process optimization, developing an automation strategy for treasury operations in collaboration with internal and external stakeholders. Ensure the timely implementation of the most optimal solutions for identified automation projects through coordination with industry experts.
  • Effectively manage risks associated with treasury operations and closely monitor FX rates to facilitate the settlement of LCs, bank contracts, and other inbound and outbound remittances.

How to Apply:

Interested candidates are invited to submit their applications by July 26, 2023, through the Engro Website at www.engro.com/join-us. You will be directed to our career website where you can find further information and submit your application.

Join us in shaping the future of finance at Engro Corporation and be part of a dynamic team that thrives on excellence and innovation. We look forward to receiving your application!

Follow this link for easy access to our career portal.

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