Treasury Officer

Our client, a leading supplier and distributor of bulk crude oil and refined petroleum products, is seeking a Treasury Officer to join their finance team.

In this role, you will be responsible for managing the companys financial resources, ensuring optimal liquidity, and negotiating financial facilities with banks. Your expertise will be crucial in executing treasury transactions, analyzing costs, and providing strategic insights to senior management.

Key Responsibilities:

• Prepare cash flow statements and advise on optimal transaction structures.
• Ensure effective management of financial resources, liquidity, and cash flow.
• Coordinate with banks to reverse redundant costs.
• Monitor cash and fund flow to ensure timely availability for bill settlements.
• Participate in financial audits to ensure compliance with internal controls.
• Execute and monitor treasury transactions, including wire transfers
• Analyze fee structures and negotiate improved terms with banking partners.
• Implement and evaluate Treasury Management policies and procedures.
• Manage day-to-day treasury activities, including bank account management and investments.
• Generate reports and analyses on treasury performance for executive management.
• Ensure accurate payment processing and allocation to bank accounts.
• Maintain oversight of bank accounts, ensuring accuracy in statements and reviews of interest rates.
• Collaborate with senior management on liquidity management and key reports.
• Prepare Management Information System (MIS) reports to support senior management in decision-making.
• Train peers on end-to-end treasury processes.

Key Requirements:

• Bachelor's degree in accounting or finance.
• At least 3 years of UAE experience is mandatory.
• Fluent in English (written/spoken)
• Familiarity with banking systems and payment processes
• Strong analytical skills and capacity to take accountability for duties.
• Ability to start immediately

Working Hours: 9:00 AM - 6:00 PM
Working Days: Monday - Friday
Job Location: JLT, Dubai