Job Description

Duties and Responsibilities:

1. Global cash management

Ensure cash is available in right legal entity, in right currency and in right bank a/c without delays, disruption or distraction.

Forecast free cash flows (FCF) monthly on a rolling 12 month period and identify risks / opportunities to FCF

Ensure efficient execution of payments, FX trades, and debt servicing. Ensure zero fraud or error on cash.

Lead bank account strategy, documentation, KYC compliance, and fee negotiations. Minimize trapped cash and direct debits.

Structuring of tax efficient inter-company loans

2. Financial Risk Management.

Forecast all non-operating expenses of company (FX, interest, bank fees, etc.). Perform a variance analysis between actual, forecast, and last year

Eliminate volatility in P&L and cash flows to financial risks e.g. FX, interest, counterparty, etc. through natural and synthetic hedging.

Assess insurable risk exposure and negotiate insurance coverage (e.g., general liability, property, D&O, PI). Manage claims in coordination with insurers, brokers, and internal stakeholders.

3. Optimize non-operating costs

Daily cash positioning and analysis of investment alternatives to optimize after tax net interest income.

Minimize all transaction costs e.g. bank fees and taxes.

Drive working capital through corporate cards, real time cash flow visibility, and planning

Management of all company leases and debt contracts. Compliance to all capital market regulations

4. Enable global trade

Leverage SYI bank group to negotiate services (e.g. corporate cards, bank guarantees, LCs, corporate guarantees, etc.)

Own treasury systems, controls, and automation initiatives.

5.

MIS

Drive annual budgets, quarterly forecasts, and monthly budget vs actual reporting.

Monitor and report on key financial and operational metrics.

Build financial models to support investment decisions, pricing, cost optimization, and business cases.

Support SAP digital transformation and data integration initiatives.

6.

Treasury accounting

Expert in Treasury related accounting and updates into SAP

Ensure financials accurately reflects all treasury related transactions.

Ensure compliance with internal controls and audit requirements. Create treasury policies and procedures. And enable treasury to evolve based on audit findings.

7.

Debt Management

Support debt contracts, bank negotiations and structuring to minimize after-tax cost of debt

Bank relationship mapping. Maintain strong partnerships with banking partners.

Job Types: Full-time, Permanent

Pay: AED15,000.00 - AED22,000.00 per month

Application Question(s):

Cert-IFRS, ACCA, UK, Certified US GAAP professional, GOI, Certified GST professional, GOI, CPFA, Chartered Institute of Public Finance and Accountancy (CIPFA), UK- Do you have any of the above only then apply.
Education:

Master's (Preferred)
Experience:

Finance: 9 years (Required) * Familiarity with ERP systems (SAP): 5 years (Required)