Senior Manager - Treasury

At Julphar, we are on a journey of culture transformation & our mission is to provide a better quality of life for the entire family by delivering best in class solutions and real value with compassion and professionalism.

Our core values: Respect, Collaboration, innovation, Integrity and Compassion - Combined with a focus on diversity, inclusion, and equal opportunities - are key drivers in our aim to make a positive impact on the lives of the patients we serve, enable Talents , create a healthy work environment, and accomplish our goals through world-class research and with the compassion and commitment of our employees.

Job Purpose

The Treasury Senior Manager will oversee global treasury operations for a leading UAE-based pharmaceutical company, ensuring optimal liquidity, risk mitigation, and financial compliance. This role focuses on managing international cash flow, foreign exchange (FX) exposure, and banking relationships to support the company’s export-driven business.

Key Responsibilities

1. Global Cash & Liquidity Management

• Optimize cash flow across international markets, ensuring efficient working capital for production and distribution.
• Monitor multi-currency accounts and forecast liquidity needs to support operations.
• Implement strategies to minimize transaction costs and maximize interest income, and enhance Cash to Cash Cycle.

2. Risk Management

• Develop hedging strategies for FX, interest rate, and commodity price risks (e.g., API raw materials).
• Analyze exposure from cross-border transactions and recommend mitigation tools (forwards, options, swaps).

3. Banking & Trade Finance

• Manage relationships with banks and financial institutions to secure competitive trade finance solutions (LCs, export credit insurance).
• Negotiate terms for credit facilities, guarantees, and payment structures.

4. Investment & Financing

• Evaluate short-term investment opportunities for surplus cash, adhering to risk policies.
• Support capital structure decisions, including debt issuance and refinancing.

5. Compliance & Reporting

• Ensure adherence to GCC regulations, IFRS, and industry-specific financial standards.
• Prepare treasury reports for senior management, highlighting risks, liquidity, and market trends.
• Lead audits and implement internal controls for treasury activities.

6. Technology & Systems

• Utilize treasury management systems (TMS) and ERP tools (SAP/Oracle) to automate processes.
• Drive digitization of payments, reconciliations, and FX transactions.

7. Team Leadership

• Mentor a team of treasury professionals, fostering collaboration with finance, operations, and legal departments.

Qualifications

• Education: Bachelor’s in finance, Accounting, or related field; MBA/CFA/CPA/CTP preferred.
• Experience: 10–15 years in treasury, with 3+ years in a senior role. Multinational/export-focused pharma experience is a plus.
• Technical Skills: Expertise in FX risk, cash management, trade finance, and TMS/ERP systems.
• Regional Knowledge: Understanding of GCC banking practices, tax treaties, and export incentives.
• Languages: Fluency in English and Arabic.

We value people from different backgrounds. Could this be your story? Apply today or visit www.Julphar.net to read more about us and the journey of Julphar