Treasury Manager
On-site Dubai, Dubai, United Arab Emirates Finance Full time
Description
We are seeking a highly skilled and experienced Treasury Manager to lead and oversee all aspects of the company's treasury operations. The Treasury Manager will be responsible for managing cash flow, liquidity, investments, banking relationships, and risk management strategies. This role requires strong leadership abilities, strategic thinking, and a comprehensive understanding of financial markets and treasury best practices.
Responsibilities
Cash Management:
Develop and implement cash management strategies to optimize liquidity and minimize idle cash. Monitor daily cash balances and forecast short-term and long-term cash needs. Execute fund transfers between bank accounts and subsidiaries as needed. Manage relationships with banks and financial institutions to ensure efficient banking operations.
Liquidity Management:
Assess liquidity requirements and develop strategies to maintain adequate funding levels. Evaluate investment opportunities and manage the company's investment portfolio. Monitor market conditions and interest rates to optimize investment returns. Prepare cash flow forecasts and liquidity reports for senior management and stakeholders.
Banking Relationships:
Negotiate banking agreements, including credit facilities, cash management services, and bank fees. Act as the primary point of contact for banks and financial service providers. Review bank statements and reconcile accounts to ensure accuracy and compliance. Identify opportunities to streamline banking processes and reduce costs.
Risk Management:
Identify, assess, and manage financial risks related to liquidity, interest rates, and foreign exchange. Develop and implement hedging strategies to mitigate exposure to currency and interest rate fluctuations. Monitor compliance with treasury policies and regulatory requirements. Establish and maintain internal controls to safeguard company assets and prevent fraud.
Financial Reporting:
Prepare and analyze financial reports, including cash flow statements, liquidity reports, and treasury-related disclosures. Assist in the preparation of budgets and forecasts related to treasury activities. Support internal and external audits by providing documentation and explanations as needed.
Requirements
Bachelor's degree in Finance, Accounting, or a related field. Advanced degree or professional certification (e.g., CTP, CPA, MBA) preferred. Minimum of 5 years of experience in treasury management or corporate finance and 2 years experience in Middle East markets. Strong understanding of financial markets, banking products, and treasury management systems (TMS). Excellent analytical and problem-solving skills. Effective leadership and team management abilities. Strong communication and interpersonal skills. Ability to work independently and collaboratively in a fast-paced environment.* Knowledge of regulatory requirements and compliance standards related to treasury operations.
