Treasury Manager/ Back Office
Dubai, United Arab Emirates
Job Description
NTS Group is the leading Executive Search, HR Consulting & Career Transition firm across the EMEA and APAC markets, with more than 25 years of regional experience and a reputation for exceptional service and outstanding results for our clients and candidates alike.
With strategic offices located in Dubai, London, and Singapore, we provide a range of services for both our clients and candidate that are delivered by industry experts, including Contingency & Executive Search Campaigns, Outplacement & Redundancy Support, RPO Projects, Talent Mapping, Women in Leadership & Leadership Development as well as our award-winning Executive Career Transitioning Programs.
We are currently working with a leading distributor of heavy equipment and industry leading power solutions to recruit a Back Office Treasury Manager in Dubai.This role is reporting directly to the Group Treasurer, this position will be responsible for managing Group debt raising & funding, banks relationship, back office duties, facilities maintenance & documentation, covenants control, FX control and FX hedging, Treasury reports and minimizing cost of financing across the group. The role also includes supporting in customers financing solutions through managing alliances with banks & company\xe2\x80\x99s Financial. This is a really exciting opportunity to join a fast paced, global leading entity across the Middle East.
What You\xe2\x80\x99ll be Doing\xe2\x80\xa6
- Manage bank accounts including account open/close process and banking services for the Group.
- Complete KYC bank reviews for the UAE entities.
- Planning, reviewing, and directing cash, liquidity, and FX management operations on daily/weekly/monthly basis. Works closely with the global payments shared services team.
- Reviewing and driving improvements in cash, liquidity, and FX management, ensuring financial obligations are met in accordance with the business requirements and in line with Company\xe2\x80\x99s policies and procedures.
- Completing all cash, liquidity, and FX management set-up documentation for new and existing department processes; prepares correspondence and proposals directed to and for cash, liquidity, and FX management.
- Helping create, update, and implementing cash, liquidity, and FX management policies across the Group in line with best practices.
- Maintenance of a centralized document management system for all bank facilities including safekeeping of contracts and loan agreements.
- Support activities in relation to AMEL and other leasing companies, including but limited to business planning, documentation related to financing and customer financing.
- Aid in the consolidation of the monthly Treasury pack based on team input.
- Prepare external and internal Treasury presentations for Banks and the Board.
- Actively coordinate with lenders/investors and internal stakeholders for Debt Raising/financing execution as needed.
- Review and manage bank accounts and banking relationships to achieve operational and tactical objectives.
- Forecasting, monitoring, and tracking cash flow (weekly, monthly, quarterly, etc.). Prepares cash flow reports and identifies and evaluates variances.
- Working with finance and accounting team, commercial team, and various department heads to accurately forecast the timing and amount of future cash flows over the 13 weeks and 12-month period.
- Working with the Head of Tax, Treasury & Customs in creating and driving Treasury strategy. Manages strategic projects.
Who You Are\xe2\x80\xa6
- Corporate Treasury knowledge.
- Understanding of FX hedging and currency rate movements.
- Strong understanding of treasury products.
- Understanding on bank relationship management.
- Understanding of Treasury reporting.
- Treasury/Accountancy qualification (e.g. AMCT, MCT, CIMA, ACA OR ACCA or overseas equivalent) or degree in finance, economy or accountancy or equivalent.
- 5-10 years of work experience in a Finance team of a leading/multi-national organization with a focus on cash, liquidity, FX and IR risk management, working capital optimization, and Debt raising/Financing
- Excellent analytical and problem-solving skills with attention to detail
- Able to identify, act and implement ideas that drive continuous improvement.
- Present concepts, recommendations, and analyses to senior management in a clear, concise, and actionable manner
Due to the large number of applications we receive, we can only respond to candidates who have been shortlisted for the position. If you haven\xe2\x80\x99t had a response within 5 working days, please assume you have not been shortlisted. Many thanks and good luck in your job search.
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Job Detail
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Job IdJD1510278
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationDubai, United Arab Emirates
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EducationNot mentioned