Cash Management: Monitor and manage Daily cash flow to ensure adequate liquidity for operational needs and strategic investments. Develop cash forecasts and manage short-term borrowing and investment strategies.
Bank Relationships: Manage relationships with banks and financial institutions, including negotiating terms and fees for banking services. Oversee bank account administration and ensure efficient and secure transaction processing. Building new relation with new Local and international banks
Investment Management: Evaluate and manage investment opportunities to optimise returns on surplus cash while balancing risk and liquidity needs. Develop and implement investment strategies aligned with the companys financial goals and risk tolerance.
Risk Management: Identify and manage financial risks, including interest rate, foreign exchange, and credit risks. Implement risk mitigation strategies and ensure adequate insurance coverage for financial and operational risks.
Treasury Reporting: Prepare and analyse treasury reports, including cash flow statements, liquidity forecasts, and investment performance reports. Provide insights and recommendations to senior management regarding cash management and investment strategies.
Financial Planning and Analysis: Support financial planning and analysis activities by providing data and insights on cash flow, liquidity, and financial risk. Collaborate with finance and accounting teams to ensure alignment of treasury activities with overall financial strategy.
Compliance and Controls: Ensure compliance with regulatory requirements and internal controls related to treasury operations. Develop and enforce policies and procedures to manage treasury functions effectively and securely. Verify the company will follow and comply with the facility term and grant no default will occur
Process Improvement: Identify opportunities for process improvements within treasury operations to enhance efficiency and effectiveness. Implement best practices and technology solutions to streamline cash management and financial processes.
Qualifications: Education: Bachelors degree in Finance, Accounting, Economics, or a related field; Masters degree or professional certification (e.g., CTP, CFA) is a plus.
Experience: 10+ years of UAE experience in treasury management or a related financial role, with at least 2-3 years in a managerial capacity, preferably within the manufacturing or food processing industry.
Industry Knowledge: Experience or familiarity with the flour milling industry or similar manufacturing sectors is advantageous.
Interested candidates may share their CVs with [Confidential Information] with the subject line TREASURY MANAGER
