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Purpose: Team Leader Treasury- the role holder is responsible to assist Head - Treasury and Cash Management for the Group (Head office and subsidiaries) in UAE, Egypt and other countries as required by carrying out jobs assigned. In this role, your responsibilities include support and manage daily treasury functions operations, liquidity management for Head office and other territories. You will also be responsible for tracking cash flow, allocate cash balances, maintain records, and prepare expense and earnings forecasts. You should have advanced knowledge of accounting procedures, Strong attention to details and the ability to remain focused for extended periods. Ultimately, a top-class Team Leader should help to maintain optimum business cash flow through the proper handling of cash and use of accounting methods.
Key responsibilities & Accountability: Financing Operations & Monitoring \xe2\x80\xa2 Accountable for periodic Covenant forecasting and monitoring based on cash flow inputs from Finance \xe2\x80\xa2 Maintain detailed loan schedules in UAE and other regions along with debt service and reporting timetable. \xe2\x80\xa2 Responsible to handle communication and documentation with Banks related to loan operations (e.g. Interest Selection notices, Drawdown requests). \xe2\x80\xa2 Coordinate with Finance to prepare management reports on Loan covenants and compliance \xe2\x80\xa2 Explore and execute the working capital tools ie invoice discouting, LC discouting, suppliers financing etc etc \xe2\x80\xa2 Very close co ordination with Accounts payable, commercial and procurement departments to implement the working capital mechanism. FX Management \xe2\x80\xa2 Responsible for mitigation of FX exposure using Spot and forwards; minimizing the FX cost for the group. Cash & Liquidity Management \xe2\x80\xa2 Responsible for Daily Cash and Balance reporting for the group and highlighting key movements \xe2\x80\xa2 Ensure timely placement of deposits and minimization of excess cash balances as advised by Head of Treasury. \xe2\x80\xa2 Daily Cash and Balance reporting for the group and highlighting key movements. Cash flow reporting & forecasting \xe2\x80\xa2 Prepare monthly rolling cash flow forecast for next 6 months. \xe2\x80\xa2 Prepare monthly actual/forecast variance analysis and improving accuracy. \xe2\x80\xa2 Monitoring and controlling the cash budget on monthly basis. Bank Operations \xe2\x80\xa2 Handle end-to-end process of Bank Account Opening and Closing, and etc. as well as maintain Bank records. \xe2\x80\xa2 Manage the e banking platforms and access in compliance with Group policies \xe2\x80\xa2 Implement duly approved bank mandate/ DOA and Issue & cancel of bank guarantees with banks. \xe2\x80\xa2 Manage internal and External audit queries. \xe2\x80\xa2 Responsible for the audit of salaries, accounts receivable and payables, general accounting and miscellaneous payment, and journal voucher processing. \xe2\x80\xa2 Oversee administration of banking websites and bank services, corporate Treasury databases and record-keeping, responsible for day-to-day execution and maintenance. \xe2\x80\xa2 Conduct regular benchmark studies of banks and their services. \xe2\x80\xa2 Monitor bank service fees and address quality issues. \xe2\x80\xa2 Monitoring and managing the organization\'s bank relationships and liquidity management. Reporting and Audit \xe2\x80\xa2 Managing internal and External audit queries \xe2\x80\xa2 Providing support to accounting team for monthly closing \xe2\x80\xa2 Supporting the month end process wherever necessary
Qualifications:
- Education \xe2\x80\xa2 4 years Bachelor\'s degree in Treasury/Accountancy qualification (e.g. AMCT, MCT, CIMA, ACA OR ACCA or overseas equivalent) or degree in finance, economy or accountancy or equivalent
- Experience: \xe2\x80\xa2 Minimum 3 years\' experience in corporate Treasury role and 5+ years of experience in the finance field e \xe2\x80\xa2 Proven experience in Treasury role with experience in the working capital financing, , bank reconciliations and cash flow reporting and working capital management \xe2\x80\xa2 Professionals having experience in Big 4 audit fits shall be given preference and should have handled similar role for a better fitment of this role. \xe2\x80\xa2 Fluent in English (communicating, writing and speaking) & Arabic is preferred. \xe2\x80\xa2 Proficient in office management software like MS Office (MS Excel and MS Word, etc.) must have Advance excel based financial modeling skills with familiarity of debt structuring models \xe2\x80\xa2 Strong Treasury knowledge: - especially on Cash management and Treasury operations with LMA loan documentation clauses and customary covenants/ Bloomberg or other Treasury tools will be added advantage \xe2\x80\xa2 Basic understanding of Bank operations and Banking product and services \xe2\x80\xa2 Proven experience in SAP and TMS is preferable
- Training:
Key Competencies: \xe2\x80\xa2 In terms of competency, you are highly result oriented with strong sense of accountability & ownership. \xe2\x80\xa2 Must have a solution centric mind to understand issues and solve them within a stipulated time frame, ability to understand new issues quickly and make decisions. \xe2\x80\xa2 Strong analytical skills with an attention to details and accuracy. \xe2\x80\xa2 Must have excellent negotiation skill as the job is centered on communication with external authorities. \xe2\x80\xa2 Superior mathematical and monitoring skills required for the success of this role. \xe2\x80\xa2 Strong communication, interpersonal, and collaboration skills required. \xe2\x80\xa2 Able to develop strong, cooperative relationships with Department HODs. \xe2\x80\xa2 Ability to work under pressure, plan personal workload effectively and delegate. \xe2\x80\xa2 Motivated and highly organized professional and should be able to juggle competing priorities.
Technical Competencies:

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