Group Treasury Manager – Black & Grey HR
Black & Grey HR is recruiting for a number one crew of buying and selling corporations in UAE, who’s taking a look to rent “Group Treasury Manager” to be based totally of their Dubai administrative center.
“An ideal candidate must have strong skills in financial accounting, financial modeling, cash flow analysis and financial reporting along with an extensive experience and understanding of various accounting aspects preferably in a trading or diverse environment.”
- Direct the method components workout for the Finance division, in coordination with the opposite Heads and the Chief Officer of the dep., making sure alignment to the targets and means of the group.
- Provide well timed enter for the preparation of the crowd’s monetary technique and operational plans inside the Finance Department.
- Supervise the tracking of the effectiveness of finance insurance policies and procedures with admire to treasury control (i.e. money flows, financial institution operations/transfers, liquidity control, make investments finances FOREX actions, monetary chance control and so on.) and establish alternatives for steady growth.
- Ensure figuring out of and compliance with the agreed insurance policies and procedures by means of the workers appearing Treasury similar processes.
- Review the finances necessities of the Treasury serve as, and accordingly take part within the building of the finances of the Finance Department.
- Develop Key Performance Indicators for the Treasury serve as and the underlying processes and frequently track efficiency of the sections towards the agreed objectives.
- Identify investment necessities of the Group and liaise with Business Unit Heads inside the Group and Group CFO to talk about investment choices; negotiate phrases with monetary provider suppliers and make sure that the Treasury division is the usage of the fitting tools and funding strategies that may have compatibility each the chance profile and the specified degree of returns inside of the best period of time.
- Regular tracking of liquidity of the Group and make sure finances are to be had to satisfy brief time period industry wishes. Keeping observe of LCs, BGs and different monetary preparations with banks and making sure well timed motion and liquidations such tools.
- Supervise all money control purposes together with money focus, wires, account investment and make sure ok liquidity for running capital wishes and make investments brief time period extra money.
- Manage inter-Group money, together with inter-Group lending and capital injections.
- Review primary fee time table and commitments . Ensure adequacy of processes and controls for selection of money and cheques.
- Monitor price of investment, financial institution agreements, charge construction with banks and so on. and counsel tactics and method to cut back prices.
- Keep keep an eye on of all financial institution accounts of the Group in conjunction with signatories in addition to online banking, be sure that ok controls are in position with admire to transaction processing and affiliate dangers.
- Oversee the well timed and rigorous evaluate and research of submit dated cheques maintained by means of banks on behalf of The Group, and make sure submit dated cheques are being serviced on adulthood and any bounced cheques known and reported to BU’s for follow-up with consumers.
- Review all reconciliation similar actions together with reconciliation of remittances to respective accounts and financial institution reconciliations. Ensure monetary books are maintained correctly with all forex/hedging good points/losses and different treasury publicity and disclosed and booked in time.
- Provide day-to-day and per 30 days MIS on financial institution balances, money float and more than a few treasury actions to control and for monetary reporting functions.
- Bachelor in Business Administration with Major in Accounting/Finance. Professional certifications CA, CFA
- Minimum 10 years of revel in in Finance Function together with five years as managing independently Treasury of a medium to very large enterprises
- Extensive revel in and figuring out of more than a few accounting facets and world tendencies and requirements; revel in, ideally in a buying and selling or various setting is a bonus.
- Operating wisdom of treasury in African area a plus
- Solid wisdom of accounting, finance, and tax ideas and perfect practices.
- Strong abilities in monetary accounting, monetary modeling, and money float research and fiscal reporting.
- Should have very good management, organizational and making plans talents together with the facility to take care of/paintings underneath force and tight time limits.
- Should have sturdy analytical/downside fixing and quantitative talents.
- Should be capable of keep in touch successfully and feature very good negotiation abilities.
When importing your CV please be sure that it’s stored in a Word structure. All CV’s are handled with the maximum confidentiality and might not be forwarded with out your prior permission. However, we be apologetic about that because of the selection of packages won every day we’re simplest in a position to touch the ones candidates who’re shortlisted.
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