Officer - Cash Management (UAE Nationals)

Job description / Role

To perform various routine and special tasks in cash and bank activities, perform cash management services in accordance with approved corporate strategies, treasury policies and procedures

Funds Transfer & Management:

- Manages the processing of all transfers of funds to suppliers, settlement of treasury deals, employee payments and transfers with group entities bank accounts on a timely basis in compliance with the company policies and delegation of authority

- Provides inputs to improve the payment processes and payment systems and to operate in line with company’s policies and procedures

- Tracks all treasury incoming funds and ensure they are effectively received on time from the counterparties

- Identifies FX requirements in foreign currencies and reports any shortages of funds for the corresponding corrective action to be taken

- Assists in preparation of short term cash forecast , maintains and updates daily cash flows in different currencies and accounts

- Administers the Commercial Card Program and manages issuance, replacement and cancellation of Purchase Cards, Corporate Credit Cards and E-Dirham cards for the company

Day-to-day Operations:

- Manages day to day payment and bank queries and contact the required departments and banks to sort out the same

Communication:

- Coordinates and communicate with various departments internally within treasury and other departments within the company to streamline various cash management and payment processes

Related Assignments:

- Performs any other task and ad hoc exercise the management may require time to time

Requirements

Minimum Qualifications:

- Bachelor in Finance/Accounting/Business or higher diploma from a recognised university

Minimum Experience:

- At least 2-4 years practical experience of working in the cash management function of a large, international organization

Skills:

- Knowledge of SAP ERP and Treasury Management system

- Knowledge of recording cash and banking transactions

- Interpersonal skills

- Proficiency in MS Excel & MS Office

About the Company

Emirates Global Aluminium (EGA) is owned equally by Mubadala Development Company of Abu Dhabi and Investment Corporation of Dubai. EGA is an aluminium conglomerate with interests in bauxite/alumina and primary aluminium smelting; with plans for significant local growth and international expansion.

EGA’s core operating assets are Dubai Aluminium (DUBAL) and Emirates Aluminium (EMAL) – whose combined production is 2.4 million tonnes per annum (“tpa”), ranking EGA among the five largest primary aluminium producers in the world. Both companies are renowned for maximising the health and safety of people and the surrounding community, reducing operational environmental impact and investing in social and economic development.