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Job Title : Treasury Manager ( GFIN/79/07/2017 )
Job Location : Dubai
Job Industry : Finance & Audit
Job Function : Finance & Accounts
Preferred Nationalities : Any
Minimum Educational Qualification : Bachelors Degree in Finance
Relevant Years of Experience: : Minimum of 5 years of senior treasury experience
Age : 30-45
Posted Date : 03-08-2017
Description

Principal Accountabilities

·   Checking all inward and outward receipts & payments relating to the loans, deposits, and interest to ensure that all are done on time and calculated properly

·   Follow up the finance inquiries with banks to get the supporting documentation and details of all unclear amounts to have clean books

·   To ensure that funds are managed properly to meet the obligations with banks to avoid extra interest charges and to maximize the interest income for the group

·   To arrange with the banks for the documentation relating to renewal of facilities and reviewing them by checking the prices, conditions, charges, value dates that match with group requirements

·   Ensure that agreements and contracts of all facilities are reviewed and accepted by legal dept

·   To arrange with banks for the amendments of facilities to meet the group needs and to have the best cost of funds

·   Monitor bank service fees and address quality issues and conduct benchmark studies of banks and their services to evaluate whether it fits group requirements

·   Monitor the activities of third parties handling outsourced treasury functions on behalf of the company

·   Evaluate alternative long-term borrowing strategies and make recommendations in accordance with the capital structure guidelines

·   Understand, manage, and supervise all aspects of cash flow

·   Prepare or monitor company’s various cash flow forecasts and perform financial modeling

·   Forecast cash flow positions, related borrowing needs, and available funds for investment and execute financing decisions

·   Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements

·   Use hedging to mitigate financial risks related to the interest rates on the Group’s borrowings, as well as on its foreign exchange positions

·   Maintain banking relationships and manage relationships with financial service providers

·   Arrange for equity and debt financing

·   Manage long-term and short-term investment strategies to Invest funds

·   Advise management on the liquidity aspects of its short- and long-range planning and provide the management with a set of reports to keep them updated at all times

·   Oversee the extension of credit to customers

·   Evaluate, develop and implement cash management systems to optimize efficiencies

·   Recommend, implement and maintain process improvements

·   Maintain a system of policies and procedures that impose an adequate level of control over treasury activities

·   Review and recommend changes to the treasury policies based on the market conditions

·   Manage, direct, and develop Treasury staff

·   Understand and manage appropriate accounting procedures and processes

·   Provide technical and other support for mergers and acquisitions and other projects as needed

·   Support and participate in Strategic Planning activities

·   Additional duties as directed by Chief

 

 

Minimum Requirement

·   Finance or Business Bachelor’s Degree is required.

·   5 years of Treasury senior experience.

·   Knowledge of office administration and procedures.

·   Professional Certificate in Finance.

·   Knowledge of relevant computer applications.

·    Languages: English and Arabic