Job Description
About the job Treasury Manager
Job Title: Group Treasury Manager
Location: Dubai, UAE
Job Summary:
We are seeking an experienced Group Treasury Manager to oversee the organizations treasury functions, ensuring efficient cash flow management, banking relationships, and funding strategies. The ideal candidate will have a strong background in liquidity management, trade finance, and compliance while driving cost efficiencies across the groups banking operations.
Key Responsibilities:
Cash & Liquidity Management:
- Develop and maintain cash flow forecasting models to optimize liquidity management.
- Monitor and report the daily cash position across all business units.
- Implement and enhance cash management solutions to improve operational efficiency.
Banking & Fundraising:
- Lead fundraising activities with UAE, regional, and international banks based on project and operational requirements.
- Manage bank relationships, negotiate facilities, and optimize borrowing structures.
- Handle trade finance instruments such as Letters of Credit (LCs) and Bank Guarantees (BGs) to support business operations.
- Ensure compliance with banking covenants and regulatory requirements.
Treasury Operations & Controls:
- Manage intercompany funding, corporate guarantees, and related documentation.
- Oversee bank account administration, including opening/closing accounts, mandates, and signatory management.
- Monitor and ensure compliance with Know Your Customer (KYC) and anti-money laundering (AML) regulations.
- Collaborate with internal stakeholders, including finance, internal audit, and external auditors (Big 4), on treasury-related matters.
Reporting & Analysis:
- Prepare monthly treasury reports covering cash flow, funding, and banking activities.
- Conduct financial analysis to support decision-making on funding strategies.
- Continuously review and update treasury policies and procedures to align with best practices.
Key Requirements:
- Education: Bachelor's degree in Finance, Accounting, Economics, or a related field. A CFA, CPA, or ACT (Association of Corporate Treasurers) qualification is a plus.
- Experience: Minimum 10 years of experience in treasury, cash management, and trade finance, preferably in a multinational or diversified group.
- Skills:
- Strong understanding of corporate finance, liquidity management, and banking regulations.
- Excellent negotiation and relationship management skills with banks and financial institutions.
- Proficiency in treasury management systems and ERP platforms.
- Superior presentation and communication skills.
