Description :

Grade: L1
Location: Islamabad
Last date to Apply: 4th November, 2025

What is "Specialist Cash Management"?

To manage and execute day-to-day cash management activities, ensure optimal liquidity across PMCL and its subsidiary companies, maintain effective coordination with partner banks, and support efficient utilization of funds in compliance with company policies and regulatory standards.

Key Responsibilities:

1. Cash Management Operations

• Prepare and report the daily cash position of PMCL and all subsidiary companies.
• Prepare daily cheque release workings to calculate the available float position.
• Update and actualize cash flow forecasts for PMCL and subsidiaries.
• Plan and manage interbank fund movements based on payment requirements and expected inflows across all accounts.
• Prepare and process fund transfer instruction letters as per daily cash plan.
• Manage funds transfer execution including letter signing, scanning, and email sharing with respective banks.
• Conduct follow-ups with banks to ensure timely execution of transfer instructions.
• Monitor daily utilization of overdraft lines and plan interbank movements for overdraft settlement.
• Ensure dual verification and secure handling of all payment and transfer documentation.

2. Investment Management

• Coordinate with banks and fund managers for placement of surplus funds for PMCL and subsidiaries.
• Negotiate and review interest rates on savings, term deposits, and money market instruments.
• Prepare and present investment options and comparative analyses for management review and decision-making.
• Liaise with banks and fund managers for final investment placements in line with approved limits.
• Monitor credit limits and treasury guidelines to ensure compliance with internal and regulatory frameworks.

3. Reporting & Reconciliation

• Prepare and share daily reports of executed interbank fund transfers with the Corporate Accounting Team.
• Review and reconcile daily bank balances and highlight any variances or discrepancies.
• Assist in the booking of interest income and overdraft accruals on a periodic basis.
• Maintain proper records and documentation of all executed transactions and investments for audit and compliance purposes.

Jazz is an equal-opportunity employer. We celebrate, support, and thrive on diversity and are committed to creating an inclusive environment for all employees.

Requirements

Qualifications & Experience:

• Education: Bachelor’s degree in finance, Accounting, Economics, or related field (MBA preferred).
• Experience: 2–4 years of relevant experience in cash management, treasury, or corporate banking operations.
• Certifications (Preferred): CFA Level I, ICMA, or relevant treasury/finance certification.

Key Skills & Competencies:

• Strong knowledge of cash flow management, interbank transfers, and liquidity planning.
• Sound understanding of investment instruments such as TDRs, savings accounts, and T-bills.
• Excellent coordination and communication skills with internal and external stakeholders (banks, fund managers, and finance teams).
• Strong analytical and reporting capabilities with attention to detail.
• Ability to work under pressure and meet tight deadlines.
• High standards of confidentiality, integrity, and accountability.

Benefits

Benefits

As one of the leading employers in the country, Jazz epitomizes the philosophy that each Jazz employee is passionately living a better every day inspired and enabled by visionary leadership, a unique professional culture, a flourishing lifestyle, and continuous learning and development.

As one of the largest private sector organizations in Pakistan, our objective is to continue to change the lives of our 70 million customers for the better. This is an opportunity for someone who wants to be part of something transformative, someone who can play a critical role in driving our success. Together, we can empower millions more with the tools necessary to progress in an increasingly digital economy.