This checklist is designed to ensure proper management of the organization's treasury functions, including cash management, liquidity, and investment strategies.
Analyze the organization's short and long-term cash flow requirements to ensure sufficient liquidity for operations.
Ensure that the current investment policies align with the organization's risk tolerance and financial goals.
Assess the performance and terms of existing banking relationships to ensure they meet the organization's needs.
Track the daily cash position to understand available cash and manage excess funds or shortages effectively.
Utilize cash management techniques such as sweep accounts, zero-balance accounts, and cash concentration to optimize cash resources.
Evaluate existing debt obligations and assess opportunities for refinancing or renegotiating terms to improve cash flow.
Create regular treasury reports summarizing cash positions, investment performance, and any changes in liquidity.
Implement controls and procedures to mitigate risks associated with treasury operations, including fraud prevention.
Schedule periodic reviews of treasury policies and strategies to ensure they remain effective and aligned with organizational goals.