Treasury Manager

Job Title: Treasury Manager / Head of Treasury

Location: Dubai

Department: Finance

Reporting To: CFO

Role Purpose

To manage the organization's liquidity, financial risk, banking relationships, and funding strategies, ensuring optimal cash flow, cost efficiency, and financial stability across geographies.

Key Responsibilities

1. Cash Flow & Liquidity Management

• Monitor daily cash positions across all entities and geographies
• Ensure sufficient liquidity for operational and strategic needs
• Optimize cash pooling and fund utilization across regions
• Prepare short-term and long-term cash flow forecasts

2. Banking & Relationship Management

• Manage relationships with local and international banks
• Negotiate banking facilities, pricing, and terms, including loans, overdrafts, and trade finance
• Ensure efficient use of banking products such as letters of credit, bank guarantees, and foreign exchange hedging tools
• Oversee bank account management, including opening, closing, and mandate updates

3. Funding & Capital Management

• Plan and execute funding strategies for short-term and long-term needs
• Manage working capital financing and the debt portfolio
• Support strategic initiatives such as acquisitions, expansions, and capital expenditure funding
• Ensure an optimal capital structure

4. Foreign Exchange & Risk Management

• Identify and mitigate foreign exchange, interest rate, and commodity risks
• Develop and implement hedging strategies
• Monitor exposure across currencies and geographies
• Ensure compliance with risk management policies

5. Trade Finance & Working Capital

• Oversee trade finance instruments such as letters of credit, standby letters of credit, and guarantees
• Optimize working capital cycles, including receivables, payables, and inventory financing
• Liaise with commercial and supply chain teams to structure transactions effectively

6. Compliance & Controls

• Ensure adherence to treasury policies, internal controls, and audit requirements
• Maintain compliance with local and international regulations
• Manage KYC, documentation, and banking compliance processes

7. Systems & Reporting

• Drive treasury automation and implementation of Treasury Management Systems
• Prepare MIS reports on cash, debt, and risk exposures
• Provide insights to leadership for decision-making

8. Team Management

• Lead and develop the treasury team, if applicable
• Build capability in cash management, risk, and trade finance
• Ensure strong governance and accountability

Key Skills & Competencies

• Strong financial acumen and analytical skills
• Deep understanding of global banking and treasury products
• Expertise in foreign exchange, derivatives, and risk management
• Strategic thinking with operational execution capability
• Strong negotiation and stakeholder management skills
• High attention to detail and a strong governance mindset

Qualifications & Experience

• CA/chartered accoountant
• 8–15 years of experience in treasury, depending on level
• Experience in a multinational, multi-currency environment
• Exposure to Africa and emerging markets is preferred

KPIs / Success Metrics

• Cash flow efficiency and liquidity coverage
• Cost of funds reduction
• Foreign exchange risk mitigation effectiveness
• Working capital optimization
• Strength of banking relationships and facility availability
• Compliance and audit outcomes