Treasury Executive

Job description / Role

We are working with a local group in RAK, UAE. This position sits in a large finance team and offers long term progression.

Responsibilities

• Understand, manage, and supervise all aspects of cash flow.
• Forecast daily cash requirements and execute daily financing decisions.
• Prepare or monitor company’s various cash flow forecasts and perform financial modeling.
• Meet with cash management banks to plan cash management vs. business needs.
• Manage relationships with financial service providers.
• Monitor bank service fees
• Conduct benchmark studies of banks and their services to evaluate whether it fits company requirements.
• Evaluate alternative long-term borrowing strategies and make recommendations in accordance with the capital structure guidelines.
• Evaluate, develop and implement cash management systems to optimize efficiencies.
• Understand and manage appropriate accounting procedures and processes.
• Manage all aspects of In-house investment portfolios.
• Direct, monitor and trade investment portfolios including Working capital, High-Yield, Escrow, and other portfolios.
• Manage long-term and short-term investment strategies and recommend changes to the investment policies based on the market conditions.
• Determine the Company’s Investment and Treasury goals and risk tolerance. By assessing risk/return trade-offs and performance benchmarks (and recommend changes when warranted)
• Additional duties as directed by supervisor.

Salary:
AED 7,000 to 9,000 per month inclusive of fixed allowances.

Requirements

• 3-5 years Finance professional having worked in Treasury/ Banking Operations in UAE for at least 2-3 years.
• Established network with Banks in UAE
• Extensive experience in preparing cash forecasts and cash flow analyses.
• Knowledge of investment portfolio strategy, banking, and financial instruments.
• Knowledge of SAP would be advantageous
• Advanced analytical, organization, communication and interpersonal skills.
• Advanced spreadsheet and modeling skills.
• Excellent collaboration, verbal and written communication skills.

Thank you for your interest. All applications are viewed and evaluated according to the role requirements. We aim to contact shortlisted candidates within 2 weeks. As we often receive a high volume of applications, we are unable to reply to everyone. If you have not heard back from us within 2 weeks, please consider your application unsuccessful.

About the Company

Inspire Selection is an award winning recruitment agency, headquartered in Dubai which recruits across the Middle East region. We employ highly knowledgeable, professional consultants who are experts in connecting the right people with the right opportunities. Our reputation has been built upon our honesty, integrity and our ability to source candidates of the highest calibre right across our specialist sectors. As a result, we are recruitment partners to a wide spectrum of organisations - from leading blue chip companies to smaller, local businesses. Sectors we cover include HR, Administration, Finance & Accounting, Legal, Sales & Marketing including Digital Marketing, IT, Oil/Gas/Energy, Engineering, Procurement, Manufacturing, Higher Education.