Senior Officer - Treasury - Finance

About Dubai Holding Community Management:

Dubai Holding Community Management (DHCM) is a premium community management services provider under the umbrella of Dubai Holding. Established in 2021, DHCM has quickly become a leader in the industry, offering exceptional services to maintain and enhance residential communities and districts across Dubai.

At DHCM, we believe in creating sustainable and vibrant communities that offer a sense of belonging to residents. Our team of experts provides various services, including community and district management, technical management, and financial management.

Our community and district management services ensure that each community is well-maintained, secure, and operates efficiently. We manage common areas, enforce community rules and regulations, coordinate with local authorities, and respond to residents concerns promptly and effectively.

We proudly manage a portfolio of prestigious communities, including Bluewaters, City Walk, Port de La Mer, Bvlgari Residences, Jumeirah Beach Residence (JBR), and Business Bay Executive Towers, among others. Additionally, we manage iconic districts, including Business Bay, Dubai Land Residences, Jaddaf Waterfront, Dubai Media City, Dubai Internet City, Dubai Studio City, Dubai Harbour, and more.

About the Role:

The Senior Officer - Treasury is responsible for supporting the effective management of Dubai Holding Community Management's (DHCM) cash flow, liquidity, and financial risk, under the guidance of the Treasury Manager. This role plays a key part in daily treasury operations, including cash positioning, bank relationship management, and ensuring compliance with financial policies and procedures. The Senior Officer will contribute to optimizing working capital and safeguarding the company's financial assets.

The main duties and responsibilities of this role:

1. Cash Management & Liquidity:

• Execute daily cash positioning, monitoring bank balances, and ensuring sufficient liquidity for operational needs.
• Prepare daily, weekly, and monthly cash flow forecasts, analyzing variances and providing insights to the Treasury Manager.
• Initiate and process electronic fund transfers (EFTs), inter-account transfers, and other payment instructions accurately and timely.
• Reconcile bank statements and resolve discrepancies in a timely manner.

2. Bank Relationship Management Support:

• Act as a key point of contact for day-to-day interactions with banking partners, assisting with account opening/closing, documentation, and operational inquiries.
• Support the Treasury Manager in evaluating bank services and optimizing banking structures.

3. Financial Risk Management Support:

• Assist in monitoring foreign exchange exposures and executing hedging strategies as directed by the Treasury Manager.
• Support the identification and mitigation of financial risks related to cash management, payments, and investments.

4. Investment Operations Support:

• Assist in the execution of short-term investment strategies as per company policy, ensuring optimal returns while adhering to risk parameters.
• Monitor investment performance and prepare related reports.

5. Compliance & Reporting:

• Ensure strict adherence to DHCM's treasury policies, internal controls, and relevant financial regulations.
• Prepare accurate and timely treasury reports, including cash flow statements, bank reconciliations, and debt schedules.
• Support internal and external audit requirements by providing necessary documentation and explanations related to treasury activities.

6. Process Improvement:

• Identify opportunities to streamline treasury processes, enhance efficiency, and improve internal controls.
• Participate in the implementation of new treasury systems or tools.

7. Health, Safety, and Environmental (HSE) Responsibilities:

• Ensure full compliance with DHCM's Health, Safety, and Environmental (HSE) Policy, governance framework, and standards by conducting all tasks according to HSE procedures, attending mandatory training, actively reporting hazards, near misses, or incidents, and utilizing appropriate Personal Protective Equipment (PPE) as identified in risk assessments.

About you:

The ideal candidate will have the below qualifications and experience:

• Bachelor's degree in finance, Accounting, Economics, or a related field.
• Professional certifications (e.g., CFA, CTP) are a plus.
• Minimum of 4-6 years of progressive experience in treasury operations, cash management, or corporate finance, preferably within the real estate or community management sector.
• Solid understanding of financial markets, banking products, and payment systems.
• Strong analytical and numerical skills with meticulous attention to detail.
• Proficiency in financial modelling and cash flow forecasting.
• Excellent communication and interpersonal skills, capable of interacting effectively with banks and internal stakeholders.
• Advanced proficiency in Microsoft Excel and financial management software (e.g., ERP systems).
• Ability to work independently and as part of a team in a fast-paced environment.
• Strong understanding of internal controls and financial compliance.

About Benefits:

At Dubai Holding, we're committed to nurturing the success and well-being of our colleagues. Join our dynamic and diverse team, and enjoy a comprehensive benefits package that includes competitive compensation, career development opportunities, and a collaborative work environment. We strongly believe in creating an empowered Internal workforce that will help us build a connected city for tomorrow. We are committed to attracting the brightest minds and nurturing the most pioneering candidates who desire to make a great impact on the future of Dubai.