Matar Al Baqmi Holding Company
Job Role The Senior Treasury Specialist, is responsible for managing the company’s cash flow, ensuring liquidity, optimizing investments, and mitigating financial risks. This role involves daily cash management, forecasting, banking relations, and compliance with financial regulations. Key Accountabilities - Monitor and manage daily cash positions to ensure that sufficient funds are available to meet ongoing operational and capital investment requirements. - Prepare cash rolling forecasts and budgets. Monitor actual financial performance against budgeted cash flows and analyze financial data to inform strategic decisions. - Manage relationships with banks and other financial institutions. - Develop and implement investment strategies to optimize returns on surplus funds while monitoring and managing investment portfolios. - Identify, evaluate, and mitigate financial risks, including currency and interest rate risks. - Manage existing debt and arrange new debt when necessary. Maintain proper tracking tools for loan/interest repayments and ensure timely payment of interest and principal on loans and other borrowings. - Ensure compliance with internal policies and external regulations related to treasury activities. Prepare and present financial reports to senior management and stakeholders. - Calculate and record finance charges, ensuring monthly accrual for unbilled finance charges. - Conduct random validation of finance charges debited by banks to ensure correctness of charges in line with signed agreements. - Implement and maintain treasury management systems. Continuously improve processes and procedures to enhance efficiency and accuracy. - Collaborate with other departments such as accounting, finance, and operations to ensure cohesive financial management, providing support and guidance on treasury-related matters.
Monitor and manage daily cash positions to ensure that sufficient funds are available to meet ongoing operational and capital investment requirements. Prepare cash rolling forecasts and budgets. Monitor actual financial performance against budgeted cash flows and analyze financial data to inform strategic decisions. Manage relationships with banks and other financial institutions. Develop and implement investment strategies to optimize returns on surplus funds while monitoring and managing investment portfolios. Identify, evaluate, and mitigate financial risks, including currency and interest rate risks. Manage existing debt and arrange new debt when necessary. Maintain proper tracking tools for loan/interest repayments and ensure timely payment of interest and principal on loans and other borrowings. Ensure compliance with internal policies and external regulations related to treasury activities. Prepare and present financial reports to senior management and stakeholders. Calculate and record finance charges, ensuring monthly accrual for unbilled finance charges. Conduct random validation of finance charges debited by banks to ensure correctness of charges in line with signed agreements. Implement and maintain treasury management systems. Continuously improve processes and procedures to enhance efficiency and accuracy. Collaborate with other departments such as accounting, finance, and operations to ensure cohesive financial management, providing support and guidance on treasury-related matters.
AED 80,000 – 130,000/mo