Finance Manager

About This Role

Job Description: Finance Manager (Treasury Experience)

Finance

Reports To:

Group Chief Financial Officer (CFO)

Location:

Sharjah, U.A.E.

Employment Type:

Full-Time

Job Summary

The Finance Manager – Treasury is responsible for overseeing the organization’s financial planning, treasury operations, cash flow management, banking relationships, and overall financial control activities. The role ensures optimal liquidity management, effective utilization of financial resources, compliance with internal controls, and alignment of treasury strategies with the company’s business objectives.

The position requires strong expertise in treasury management, cash forecasting, working capital optimization, banking facilities management, financial risk assessment, and strategic financial decision-making. The Finance Manager will also support senior leadership with financial analysis, reporting, budgeting, and investment planning.

Key Responsibilities

1. Treasury Management

• Manage daily treasury operations, including cash positioning, fund transfers, and liquidity monitoring.
• Develop and maintain short-term and long-term cash flow forecasts.
• Ensure adequate liquidity is maintained to meet operational and strategic requirements.
• Optimize working capital through effective management of receivables, payables, and inventory financing.
• Monitor cash balances across all bank accounts and business entities.
• Manage intercompany funding and cash pooling activities where applicable.
• Oversee bank reconciliations and ensure accuracy of treasury transactions.

2. Banking & Financial Institution Management

• Maintain strong relationships with banks and financial institutions.
• Negotiate banking facilities, loans, overdrafts, guarantees, letters of credit, and other financing instruments.
• Review and optimize banking structures, fees, and service arrangements.
• Coordinate all banking documentation, facility renewals, and covenant compliance.
• Evaluate financing options and recommend cost-effective funding solutions.

3. Financial Planning & Analysis

• Prepare financial forecasts, cash budgets, and variance analysis reports.
• Support annual budgeting and strategic financial planning processes.
• Analyze financial performance and provide recommendations to improve profitability and efficiency.
• Assist management in evaluating capital expenditure proposals and investment opportunities.
• Prepare scenario analysis for liquidity planning and financial risk mitigation.

4. Risk Management

• Identify and assess financial risks including liquidity, foreign exchange, interest rate, and credit risks.
• Develop risk mitigation strategies for treasury exposures.
• Monitor compliance with debt covenants and financial obligations.
• Ensure adequate internal controls are in place for treasury and finance operations.

5. Financial Reporting

• Prepare treasury and financial management reports for senior leadership.
• Monitor key treasury metrics and financial performance indicators.
• Ensure timely reporting of cash flow status, financing activities, and liquidity positions.
• Assist in monthly, quarterly, and annual financial closing activities.

6. Compliance & Governance

• Ensure compliance with company financial policies, banking regulations, and statutory requirements.
• Support internal and external audits related to treasury and finance activities.
• Maintain proper documentation of treasury transactions and approvals.
• Implement and enforce treasury controls and authorization matrices.

7. Team Leadership

• Supervise and mentor finance and treasury staff.
• Allocate responsibilities and monitor team performance.
• Identify training needs and support professional development.
• Promote continuous improvement within finance processes.

Qualifications

Education

• Bachelor’s Degree in Finance, Accounting, Economics, or related field.
• Master’s Degree / MBA is an advantage.
• Professional certifications preferred:
• CPA
• ACCA
• CMA
• CFA
• CTP (Certified Treasury Professional)

Experience

• 8–12 years of progressive finance experience.
• Minimum 4–5 years in treasury management or corporate treasury functions.
• Experience in managing banking relationships and financing facilities.
• Experience in cash flow forecasting and working capital management.
• Experience in ERP systems (SAP, Oracle, Microsoft Dynamics, or similar).
• Industry-specific experience (construction, manufacturing, trading, or FMCG) is a plus.

Technical Skills

• Advanced financial modeling and forecasting skills.
• Strong knowledge of treasury management systems.
• Proficiency in ERP financial modules.
• Advanced Microsoft Excel and financial analysis tools.
• Strong understanding of:
• Cash management
• Banking products
• Financial instruments
• Corporate finance principles
• IFRS / accounting standards

Core Competencies

• Strategic financial thinking
• Analytical and problem-solving skills
• Risk assessment and mitigation
• Negotiation and stakeholder management
• Leadership and team development
• High attention to detail
• Strong communication and presentation skills
• Decision-making under pressure

Key Performance Indicators (KPIs)

• Accuracy of cash flow forecasts
• Liquidity optimization
• Banking cost reduction
• Working capital improvement
• Timeliness of financial reporting
• Compliance with treasury controls
• Successful financing facility renewals
• Reduction in financial risk exposure

Preferred Candidate Profile

The ideal candidate is a commercially aware finance professional with strong treasury expertise, capable of balancing operational finance management with strategic financial planning. They should possess excellent banking relationship management skills, strong business acumen, and the ability to support executive decision-making through insightful financial analysis.