Treasurer

Job Title: Treasurer

Role Purpose

Key Responsibilities

• Manage daily cash positioning and liquidity across all Group entities and bank accounts.
• Prepare and maintain short-term and long-term cash flow forecasts at both entity and Group levels.
• Monitor and optimize intercompany cash movements, pooling arrangements, and funding between entities.
• Manage relationships with banks and financial institutions, including account structures, signatories, and facility renewals.
• Negotiate and manage credit facilities, overdrafts, term loans, guarantees, and letters of credit.
• Monitor compliance with covenants relating to existing debt and credit facilities.
• Ensure the timely and accurate execution of payments, transfers, and treasury transactions.
• Manage foreign currency exposure and execute hedging strategies where required.
• Monitor interest rate exposure and recommend appropriate mitigation strategies.
• Evaluate counterparty and bank credit risks across the Group’s banking relationships.
• Maintain treasury policies, controls, and approval workflows in accordance with the Delegation of Authority.
• Support the Director of Finance in assessing funding requirements for capital expenditure, projects, and working capital.
• Coordinate bank guarantees and performance bonds required for projects and contracts.
• Provide treasury and liquidity input into annual budgeting and periodic forecasting.
• Prepare Board and management reporting on cash positions, banking facilities, and treasury risks.
• Support statutory audit requirements relating to cash, debt, guarantees, and treasury disclosures.
• Ensure treasury operations comply with Group policies, UAE regulations, and banking covenants.
• Coordinate with the Financial Controller and Chief Accountant to align treasury activities with AP and AR cash flow requirements.
• Support corporate structuring, new bank account openings, and entity-level banking setup.
• Perform other treasury and funding-related responsibilities assigned by Finance management.

Qualifications & Experience

• Bachelor’s degree in Finance, Accounting, Economics, or a related discipline.
• Professional qualification such as CTP, ACT, ACCA, CFA, or equivalent is preferred.
• Minimum 6–8 years of experience in treasury, corporate finance, or banking relationships.
• Experience managing multi-entity or Group-level cash and banking structures is strongly preferred.
• Experience negotiating credit facilities and managing banking relationships.
• Strong knowledge of cash flow forecasting, foreign exchange, and interest rate risk management.
• Experience with Oracle Fusion or a similar ERP/treasury system is preferred.
• Advanced Microsoft Excel skills.

Key Competencies