Senior Accountant - Treasury

Position Summary

Key Responsibilities

• Manage daily treasury operations and monitor cash flow requirements.
• Prepare weekly and monthly cash flow forecasts and liquidity reports.
• Ensure timely processing of supplier payments, subcontractor payments, salaries, and statutory obligations.
• Monitor bank balances and optimize fund utilization.
• Coordinate with management regarding funding requirements and cash availability.
• Handle all banking transactions including transfers, LC, LG, bank guarantees, and other trade finance facilities.
• Maintain relationships with banks and coordinate for financing requirements.
• Reconcile bank accounts and investigate discrepancies.
• Manage corporate credit facilities and ensure compliance with banking covenants.
• Prepare treasury-related reports and MIS reports for management.
• Assist in month-end and year-end closing activities.
• Ensure accurate recording of receipts and payments in ERP systems.
• Monitor accounts receivable collections and support accounts payable functions when required.
• Coordinate with auditors and provide treasury-related schedules and documents.
• Monitor project-related cash requirements and payment schedules.
• Coordinate with project teams regarding supplier and subcontractor payments.
• Ensure compliance with contractual obligations and financial controls.
• Support VAT compliance and statutory reporting requirements in the UAE.
• Implement and maintain treasury controls and procedures.
• Ensure adherence to company policies and financial regulations.
• Maintain proper documentation of banking and treasury transactions.
• Identify financial risks and recommend mitigation measures.

Qualifications

• Bachelor's Degree in Accounting, Finance, or Commerce.
• Professional qualifications such as **CA, ACCA, CPA, CMA, or equivalent** will be an advantage.
• Minimum **5 years of UAE experience** in treasury and accounting functions within a **contracting/construction company**.
• Strong knowledge of UAE banking operations, cash flow management, LC, LG, and trade finance.
• Hands-on experience with ERP systems such as **SAP, Oracle, Microsoft Dynamics, Focus, Tally, or ERPNext**.
• Good understanding of UAE VAT regulations and financial reporting standards.
• Proficiency in Microsoft Excel and financial analysis tools.
• Excellent communication and interpersonal skills.

Key Skills

• Treasury Management

• Banking & Trade Finance

• Letter of Credit (LC) & Letter of Guarantee (LG)
• Bank Reconciliation
• Financial Reporting

• UAE VAT Compliance

• ERP Systems

• Accounts Payable & Receivable

• Risk Management

• Advanced MS Excel

• Teamwork and Leadership

Application Question(s)

• What is your notice period?
• What is your current Salary?
• Do you have experience to work with contracting company within UAE?