Treasury Officer

Job description / Role

The Treasury Officer plays a crucial role in managing Raibal’s Holding’s and its subsidiaries (the Group) assets and liabilities and managing the flow of money and other valuable assets withing the Group. The primary responsibility of a Treasury Officer is to ensure effective cash management, optimize liquidity, and mitigate financial risks. Here is a general job description for the Treasury Officer:

Responsibilities:

• Develop a centralized Treasury Function for the entire Group
• Manage and control all bank accounts and bank facilities of the entire Group and repayment schedules for loans
• Monitor and manage daily cash balances to ensure sufficient liquidity.
• Coordinate and review all bank reconciliations and responsible of the Cash and cash equivalents section of the balance sheets (General Ledgers) and Financial Costs in the Profit and Loss Statements of the companies of the Group
• Satisfy the requirements of all Group companies in terms of creation, amendment and deletion of bank accounts, bank signatories, bank terminals, cash collection, cheques, etc.
• Maintain and coordinate petty cash and perform surprise counts.
• Help to develop and implement strategies for optimizing cash resources in coordination with the Group Finance Manager, Group Finance Director and GCFO
• Forecast cash flows and prepare cash flow reports to support decision-making.
• Identify and assess financial risks, including interest rate risk, currency risk, and market risk.
• Implement risk mitigation strategies and hedge financial exposures.
• Stay informed about market trends and economic indicators affecting the organization.
• Maintain relationships with banks and financial institutions.
• Negotiate terms and conditions for banking services to optimize costs and benefits and meet regularly with banks to resolve issues and resolve inefficiencies.
• Review new loans, lines of credit or other forms of financing
• Monitor bank fees and services to ensure efficiency.
• Participate in the Budget process to forecast cash flows for all companies
• Prepare and submit regulatory reports related to treasury activities.
• Provide timely and accurate financial information to internal and external stakeholders.
• Monitor bank facilities and products’ deadlines, repayment schedules, covenants, ratios, etc
• Develop, utilize and manage treasury management systems (TMS) and other financial tools to streamline processes.
• Stay updated on technological advancements in treasury management.
• Provide support for fund raising for development projects finance /syndicated loans for long term borrowings including the negotiation of the term sheet, loan documentation, ensure satisfying both of the conditions precedent & conditions subsequent for the successful closure of the deal.
• Review financial models to underwrite and value potential investments, both at individual asset and portfolio levels from cash flow and treasury perspective
• Support the investment initiatives and associated due diligence process including gathering and analyzing relevant information and coordinating with external consultants.
• Establish policies and procedures for finance department and evaluate existing financial systems and processes to identify enhancement areas for cost savings and revenue growth.
• Ensures compliance with local regulations, anti-money laundering regulations, and other rules governing cash transactions and banking. Ensure compliance with financial regulations and internal policies.
• Follow internal policies and procedures including the Delegation of Authority.
• Liaise with internal and external auditors

The job description and the site of employment can be revised as per the requirements and on the discretion of the Company.

Requirements

• Bachelor’s degree in accounting, business or related field
• Proven experience in treasury management or a related financial role.

Skills
• Strong analytical and problem-solving skills.
• Excellent understanding of financial markets and instruments.
• Proficiency in using financial modeling and analysis tools.
• Familiarity with treasury management systems and financial software

About the Company

Raibal is a privately owned UAE holding company with investments and operations in multiple sectors, such as agriculture, real estate, food & beverage, trading... to name a few