Treasury Accountant / Specialist

Job Title: Treasury Accountant/Specialist

Department: Finance

Reporting: Finance Manager

Location: Dubai, UAE (with responsibility for UAE, KSA & India)

Job Summary

The Treasury Accountant will be responsible for managing the company's end-to-end cash flow operations across UAE, KSA, and India, ensuring sufficient liquidity, efficient working capital utilization, and timely settlement of obligations. The role requires close coordination with internal departments, sales teams, credit control, and banking partners to deliver accurate cash flow forecasting, proactive risk identification, and strong treasury controls, particularly within a food/FMCG business environment.

Key Responsibilities

Cash Flow Management & Forecasting

Manage and monitor daily cash flows across UAE, KSA, and India.

Prepare and maintain daily, weekly, and monthly cash flow statements.

Provide short-term and medium-term cash flow projections with scenario analysis.

Perform variance analysis between actual and forecasted cash flows and highlight risks.

Maintain minimum cash balance thresholds for each region.

Working Capital & Banking Management

Manage working capital facilities in the UAE, ensuring optimal utilization and compliance.

Coordinate with banks on facility drawdowns, repayments, covenants, and reporting.

Ensure timely payment to suppliers, avoiding delays and maintaining strong vendor relationships.

Support negotiations on bank charges, interest rates, and facility limits.

Maintain bank mandates, signatory matrices, and account documentation.

Expense Planning & Interdepartmental Coordination

• Work closely with all departments to capture monthly fixed and variable expenses.
• Ensure all operational and strategic cash outflows are planned and funded.
• Support budgeting and annual cash planning exercises.

Receivables, Collections & Sales Coordination

Work closely with the Credit Controller to capture and track projected receivables.

Coordinate with VAN sales and wholesale teams to ensure efficient cash collections.

Participate in regular collection and receivable review meetings.

Risk Management, Controls & Compliance

Proactively identify liquidity risks, cash shortfalls, and foreseeable financial issues.

Provide early warnings and recommend corrective actions to management.

Coordinate with tax and finance teams on VAT, WHT, and cross-border payment compliance.

Support internal and external audits by maintaining proper treasury documentation.

Reporting & Management Support

Prepare weekly and monthly treasury MIS reports for senior management.

Provide insights on cash position, funding requirements, and operational cash trends.

Qualifications & Experience

45 years of relevant experience in treasury or cash flow management.

Prior experience managing cash flows in the food or FMCG business is preferable.

Strong understanding of working capital, banking facilities, and cash forecasting.

Experience handling multi-country or multi-entity operations is preferred.

Skills & Competencies

Strong analytical and technical skills to anticipate cash flow risks in advance.

Advanced proficiency in Excel and ERP systems (Odoo)

Excellent coordination and communication skills across finance, sales, and operations.

Ability to work in a fast-paced, high-volume environment.

High level of accuracy, ownership, and confidentiality.