Treasurer

Job Description

Requirements

• Qualifications & Experience
• - Bachelor’s degree in Finance, Accounting, Economics, or a related discipline.
• - Professional qualification such as CTP, ACT, ACCA, CFA, or equivalent is preferred.
• - Minimum 6–8 years of experience in treasury, corporate finance, or banking relationships.
• - Experience managing multi-entity or Group-level cash and banking structures is strongly preferred.
• - Experience negotiating credit facilities and managing banking relationships.
• - Strong knowledge of cash flow forecasting, foreign exchange, and interest rate risk management.
• - Experience with Oracle Fusion or a similar ERP/treasury system is preferred.
• - Advanced Microsoft Excel skills.
• Key Competencies
• - Strong cash and liquidity management skills.
• - Strong banking relationship management and negotiation skills.
• - Sound understanding of financial risks, including FX, interest rate, and counterparty risks.
• - High level of attention to detail and control discipline.
• - Ability to manage multiple entities and bank accounts simultaneously.
• - Strong analytical and forecasting abilities.
• - Confident communicator with senior management and external banks.
• - Strong ownership of deadlines and treasury deliverables.

Responsibilities

• - Manage daily cash positioning and liquidity across all Group entities and bank accounts.
• - Prepare and maintain short-term and long-term cash flow forecasts at both entity and Group levels.
• - Monitor and optimize intercompany cash movements, pooling arrangements, and funding between entities.
• - Manage relationships with banks and financial institutions, including account structures, signatories, and facility renewals.
• - Negotiate and manage credit facilities, overdrafts, term loans, guarantees, and letters of credit.
• - Monitor compliance with covenants relating to existing debt and credit facilities.
• - Ensure the timely and accurate execution of payments, transfers, and treasury transactions.
• - Manage foreign currency exposure and execute hedging strategies where required.
• - Monitor interest rate exposure and recommend appropriate mitigation strategies.
• - Evaluate counterparty and bank credit risks across the Group’s banking relationships.
• - Maintain treasury policies, controls, and approval workflows in accordance with the Delegation of Authority.
• - Support the Director of Finance in assessing funding requirements for capital expenditure, projects, and working capital.
• - Coordinate bank guarantees and performance bonds required for projects and contracts.
• - Provide treasury and liquidity input into annual budgeting and periodic forecasting.
• - Prepare Board and management reporting on cash positions, banking facilities, and treasury risks.
• - Support statutory audit requirements relating to cash, debt, guarantees, and treasury disclosures.
• - Ensure treasury operations comply with Group policies, UAE regulations, and banking covenants.
• - Coordinate with the Financial Controller and Chief Accountant to align treasury activities with AP and AR cash flow requirements.
• - Support corporate structuring, new bank account openings, and entity-level banking setup.
• - Perform other treasury and funding-related responsibilities assigned by Finance management.

Skills Required