Senior Treasury Manager

Job Title: Treasury Manager Location: Dubai, UAE Salary: AED 30,000 to AED 35,000 per month Job Summary: We are seeking an experienced Treasury Manager to join our finance team. The ideal candidate will have 10-12 years of experience in treasury management with a strong focus on working capital facilities, trade finance including Letters of Credit (LCs) and Letters of Guarantee (LGs), cash management, and foreign exchange (FX) management. Proficiency in SAP and industry-related experience are preferred. The successful candidate will also demonstrate proven communication skills with banks and financial institutions. Key Responsibilities:

• Working Capital Management:
• Oversee and optimize working capital facilities to ensure efficient utilization of resources.
• Manage short-term funding requirements and liquidity positions.
  
• Trade Finance:
• Handle trade finance instruments such as LCs and LGs.
• Ensure compliance with international trade regulations and practices.
• Liaise with banks and financial institutions to negotiate terms and secure favorable financing options.
  
• Cash Management:
• Manage daily cash operations including cash flow forecasting and planning.
• Optimize the company's cash position and liquidity.
• Develop and implement cash management strategies to improve financial efficiency.
  
• FX Management:
• Oversee foreign exchange operations to mitigate currency risk.
• Develop and implement hedging strategies to protect against FX fluctuations.
  
• SAP Utilization:
• Utilize SAP for treasury management functions.
• Ensure accurate and timely financial reporting and analysis through SAP.
  
• Banking Relationships:
• Maintain and strengthen relationships with banks and financial institutions.
• Negotiate terms and conditions for banking products and services.
• Ensure compliance with banking covenants and agreements.
  
• Financial Reporting:
• Prepare and present treasury reports to senior management.
• Ensure accurate and timely reporting of all treasury-related activities.
  
• Compliance and Risk Management:
• Ensure compliance with all relevant financial regulations and internal policies.
• Identify and mitigate financial risks associated with treasury activities.

• Bachelors degree in Finance, Accounting, Business Administration, or a related field.
• 10-12 years of experience in treasury management.
• Strong focus on working capital facilities, trade finance including LCs and LGs, cash management, and FX management.
• Good experience with SAP is essential.
• Industry-related experience is preferred.
• Proven communication skills with banks and financial institutions.
• Strong analytical and problem-solving skills.
• Ability to work under pressure and meet tight deadlines.
• Excellent organizational and multitasking abilities.