• Works under close supervision of Manager for all activities.
• The job holder assesses funding opportunities.
• Has limited exposure to / interaction with business leadership and external stakeholders.
• Typically contributes as part of a team on larger investments or works more independently on smaller investments [SIZE OF INVESTMENT TO BE COMPLETED FOR EACH JOB DESCRIPTION, AS REQUIRED].
This job profile contains generic information and does not describe individual
Main Accountabilities of the Role:
Prepares the daily Cash Flow forecasting and determining the daily O/N balance, based on which manages the daily relationship with the main relationship banks to make sure the daily cash balance of Shell & Turcas and Shell Company of Turkey LTD is close to zero – with the aim of achieving Zero Unplanned Overdraft and Zero Unplanned Cash Surplus.
Responsible of daily correspondence with banks - delivering bank instructions and following up completion of the orders.
Manages the cash balances of Shell & Turcas and Shell Company of Turkey LTD bank accounts daily and makes the end of the day adjustments in case the cash projection on mid-day significantly differs from the realizations at the end of the day.
Carries tenders for Bank Guarantee Letters across the relationship banks with the purpose of securing the best possible rates in securing Bank Guarantee Letters that should be issued as part of the Turkish regulatory framework and tracks the cost of Bank Guarantee Letters and report to the Turkey Financing Committee.
Maintains STAS and SCTL Loan Books daily and calculates the Interest Accrual as per of period-end activities, provides explanation and documentation on the movement of Cash Balances on STAS and SCTL Balance Sheets Chairs the frequent FX purchase tenders and reports back on the competitiveness of FX quotations to Turkey Financing Committee.
Coordinates the daily clearance activities for certain transactions that are not in scope of Finance Operations Coordinates the completion of regulatory reporting activities know as “Appedix 4” reporting with External Auditors for Shell & Turcas A.S and Shell Company of Turkey LTD.
Manages correspondence with Group and Tax Auditors for SCTL and STAS – accountable for defending the accounting transactions posted on the basis of Loan Book.
Coordinates the Local Insurance Coverage is successfully secured that is mandated by Laws & Regulations Coordinates the correspondence with banks related to Decree No 32 related activities - liaises with Business Focal Points and the Citibank Compliance Team.
Follow-us up the due diligence requirements with Banks and maks ake sure all documentation regarding due diligence tasks with respect to financial institutions are completed and correspondence is properly managed.
Acts as the focal point responsible for maintaining and preserving necessary records as part of Group Records Management.