Senior Treasury Manager


Salary:

AED20,000.00 - AED25,000.00 / month

Location:

Dubai

Date posted:

5th September 2019

Employment type:

Permanent

Job reference:

65500-0011152608

Staffing area:

Finance & Accounting


Description

The Company
Our client is a true multinational - A global player in the commodity trading industry, and they are currently looking for a Senior Treasury Manager to join their team due to expansion. The company is one of the most well-known and respected in their field, and the successful candidate will have a bright future ahead with the business. The company has grown rapidly in the last few years with significant customers and relationships across the globe
Please note: a Russian speaker would be highly desirable for the role due to the locations they operate in.


The Role:



  • This is a key appointment for the business, where the successful candidate will be required to assume responsibility for the Group's treasury day to day activities.

  • This is a new role, which will manage the set-up of the Treasury function overall as well as the implementation of robust systems and controls and could naturally grow into more senior leadership position.


Core Duties/Responsibilities



  • Maintain banking relationships

  • Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions

  • Develop, update and implement 13-week cash flow forecasting across the Group, working closely with FP&A, Finance and financial systems teams accordingly.

  • Work closely with Finance to manage group liquidity, minimising external borrowing and maximising yield.

  • Negotiating and evaluating overdrafts and loans with bankers;

  • Oversee interest rate forecasting, analysis and related sensitivities and scenario planning

  • Oversee / prepare monthly Board reporting.

  • Develop and manage regular Treasury reporting and MI for use within Treasury and Finance.

  • Selection and control of suitable bank counterparties, management of group Bank policy.

  • Participate in identification, assessment implementation and use of a treasury management system

  • Develop and Maintain Treasury policies and procedures manual.


Skills and Experience



  • 7+ years' experience of treasury operations in a multi-national group, ideally in commodities.

  • Good accounting knowledge - qualified will be highly beneficial

  • Pro-active self-starter

  • Influencing and negotiation skills.

  • Experience of implementing systems within finance/treasury - essential

  • Significant experience working in Corporate Treasury functions.

  • Experience working in organisations and Industries undergoing significant change.

  • Knowledge of treasury management systems, internet banking and other transactional systems.

  • Experienced in Working capital management.

  • Experience in delivering cash management solutions.

  • Knowledge and experience of Trade finance

  • Excel, Word, PowerPoint proficient.


Education:



  • Bachelor's (minimum)

  • AMCT or MCT (or equivalent) qualified or in the final stages of qualification


Salary & Benefits



  • Between 20-25k depending on experience and 1-3 salaries bonus.



Dubai

Dubai International Financial Centre (DIFC)
Gate Village 1, Level 1, Office Unit 104, P.O. Box 482100
Dubai
ae
+971 (0) 4 382 6700
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