Manager - Treasury

The Treasury Manager is tasked with overseeing EIA's liquidity, financial risks, and treasury operations. This position is pivotal in ensuring alignment with EIA's strategic objectives through effective cash flow management, risk mitigation, and compliance with both international and UAE financial regulations. The Treasury Manager is instrumental in cultivating banking relationships, advancing technology adoption, and ensuring policy compliance to enhance financial performance while supporting the organization’s dual mandate of maximizing financial returns and advancing economic priorities.

The Finance, Treasury & Investment Operations Department is an essential element of EIA's organizational structure, responsible for managing liquidity, risk, and financial operations. This department assumes a strategic role in aligning treasury activities with EIA's dual mandate of maximizing financial returns and supporting the economic objectives of the UAE. By utilizing sophisticated financial systems, streamlining processes, and adhering to both global and UAE regulations, the department ensures strong governance and operational efficiency.

Liquidity and Cash Flow Management

• Ensure that EIA's operational and investment requirements are fulfilled through effective liquidity planning and cash flow forecasting.
• Develop and uphold sophisticated forecasting models to project daily, weekly, and monthly cash needs.
• Establish cash management frameworks that adhere to global best practices, which include variance analyses between projected and actual cash flows.
• Provide senior management with actionable recommendations regarding excess cash investments and liquidity reserves.

Market Analysis and Risk Mitigation

• Protect EIA from financial risks by ensuring thorough management of counterparty, currency, and interest rate exposures.
• Examine global financial markets to identify trends, risks, and potential opportunities.
• Formulate and implement strategies for managing counterparty risk, including ongoing surveillance and regular reporting.
• Deploy risk mitigation tools such as hedging strategies for foreign exchange, derivatives, and interest rate exposures.
• Administer the debt portfolio, ensuring efficient structuring, cost management, and alignment with long-term financial objectives.

Policy Development and Compliance

• Develop and implement treasury policies that are in accordance with global regulations and organizational objectives.
• Draft comprehensive treasury policies encompassing cash management, risk mitigation, and compliance.
• Conduct periodic policy reviews to integrate updates in regulatory requirements (UAE Central Bank and international standards).
• Guarantee that all financial reporting adheres to IFRS, GAAP, and international standards.

Execution of Treasury Transactions

• Ensure optimal execution pricing and compliance for all treasury-related transactions.
• Execute foreign exchange, derivatives, deposits, forwards, and purchases of financial instruments, in line with EIA's internal policies and market benchmarks.
• Negotiate pricing and terms with counterparties to achieve competitive rates.
• Monitor and report performance metrics for transaction execution, including achieved cost savings.

Technology Integration and Financial Modeling

• Utilize advanced systems and tools to enhance the efficiency of treasury operations and support data-driven decision-making.
• Supervise the implementation and optimization of Treasury Management Systems (TMS) and ERP tools.
• Devise and maintain financial models to aid decision-making regarding liquidity, risk, and capital allocation.
• Perform sensitivity analyses to evaluate the effects of market fluctuations on treasury operations.
• Automate treasury workflows to minimize manual intervention and improve process efficiency.

Reporting and Analytics

• Provide high-quality, data-driven insights to facilitate treasury decision-making.
• Compile comprehensive reports on cash flow trends, liquidity conditions, and financial risks.
• Conduct variance analyses and generate dashboards for review by senior management and board members.
• Collaborate with internal audit and risk management teams to ensure that reporting aligns with the organization's objectives.

Relationship Management

• Enhance relationships with banks, investors, and stakeholders to optimize financial terms and services.
• Maintain proactive relationships with financial institutions to negotiate credit facilities, banking fees, and additional services.
• Act as the primary point of contact for external stakeholders, including auditors and regulators.
• Benchmark service terms against peer precedents to guarantee competitive offerings.

Team Leadership and Development

• Guide and mentor a team of treasury professionals, ensuring their alignment with organizational objectives.
• Promote cross-functional collaboration with investment teams, internal audit, and risk management units.
• Conduct compliance training programs to enhance the awareness of regulatory requirements within the treasury team

Internal

• Head of Treasury
• Chief Financial Officer
• Investment Teams
• Internal Audit
• Risk Management Team

External

• Banking Partners
• Regulatory Bodies
• External Auditors
• Strategic Partners