On behalf of our client, a diversified business group, we are seeking an experienced Group Treasury Manager to oversee group-wide treasury operations, banking relationships, liquidity management, and trade finance activities. The role will support multiple business units and projects, ensuring effective cash management, compliance, and optimized banking structures across the group. The role is based in Dubai.
Key Responsibilities
Fund Raising & Banking Relationships
- Lead fund-raising activities with UAE-based regional and international banks in line with project and job-order requirements.
- Manage Letters of Credit (LC) and Bank Guarantee (BG) facilities to support ongoing group operations.
- Coordinate with Big4 firms on banking-related reports, reviews, and facility requirements.
Cash & Liquidity Management
- Develop and maintain processes and systems to determine and report daily cash positions across the group.
- Prepare, analyze, and monitor group cash flow and liquidity forecasts.
- Work closely with business units to review cash flow forecasts, ensuring accuracy and timely reporting.
- Assist in designing and implementing common cash management solutions across group companies to optimize bank costs.
Treasury Operations & Controls
- Actively participate in e-payment initiatives and act as administrator for the group's banking and payment systems.
- Track and manage intercompany funding, corporate guarantees, and related documentation.
- Oversee bank account management, including account opening and closing, mandates, and bank signatory administration for head office and business units.
- Monitor and manage bank compliance requirements (KYC) across all group bank accounts.
Trade Finance & Business Support
- Support business units in all trade finance activities and ensure timely issuance of bonding instruments.
- Advise and support business units on treasury and banking matters, ensuring agreed Service Level Agreements (SLAs) are achieved.
Reporting, Governance & Audit
- Prepare monthly Treasury Reports, including funding analysis.
- Update and maintain the Treasury Procedures Manual for assigned areas.
- Liaise with accounting and internal audit teams to ensure accuracy, compliance, and a clear audit trail for treasury transactions.
Additional Responsibilities
- Support special and strategic projects as assigned by the management.
Required Skills & Competencies
- Strong presentation and communication skills with the ability to interact with senior management, banks, and external advisors.
- High level of analytical, problem-solving, and financial evaluation skills.
- Strong understanding of treasury operations, cash management, banking facilities, and trade finance.
Qualifications & Other Requirements
- Professional qualification in Finance, Accounting, Banking, or Treasury Management.
- Prior experience in a group or multi-entity treasury environment preferred and experience in the Construction industry in the UAE is a big advantage.
- Minimum 15 years of work experience is a must, of which at least recent 8 years in the UAE.
- Valid UAE driving license is a must as visiting all emirates of the UAE on a regular basis is a requirement of the job.
Please review the role and candidate requirements carefully, before applying. We thank all applicants for their interest. Shortlisted candidates will be contacted within a week.
