Kyrbia Implementation Consultant

Position: Kyriba Implementation Consultant

Relevant Experience: 4 - 7 years in Kyriba

Location: Dubai, UAE

Job Description:

The role of the Kyriba Implementation Consultant will primarily focus on the automation of treasury functions ensuring data integrity, efficacy, process efficiencies, and a centralized group-wide view of all outstanding positions, payments, and bank reconciliations. This requires strong experience with Kyriba modules, especially Payments, Core Banking, Cash forecasting, and others, along with core expertise in Kyriba implementation and coordination with technology and business users. Responsibilities include leading Kyriba functional configurations, training, testing, straight-through payment processing (Swift/H2H), enhancements, bug resolutions, and MT940 statement interfaces, along with periodic reconciliation with operating entities and other parties. Over time, the individual is expected to take over rollouts/enhancements as in-house capability with a sound understanding of Kyriba (Treasury Management System).

Key Responsibilities and Accountabilities:

1. Dive deep into Kyriba functional configurations, produce solution design, and extend TMS features to build global cash position and forecasting capabilities (inclusive of FX executed trades and debt and investment issuances with varying maturities), implementing an automated closing cash process, and launching H2H/Swift payments secured with complex approval matrices as per bank mandate for all local and international banks.
2. Experience in bank statement reporting, cash management and forecasting, payments, netting, in-house banking (IHB), bank account management, fraud rules, and user administration of financial transactions (e.g., FX trading), debt management, and bank fee analysis.
3. Daily review of MT940 statements interface for all accounts across the group. Identify any missing statements and follow up with banks, vendors, or operating companies as appropriate to ensure availability.
4. Maintain accurate payment authorizers, new verticals/entities/banks, bank accounts configuration, bank mandate/approval hierarchies, profile changes, and other major integration setups in line with bank and enterprise ERP applications.
5. Coordinate with finance to ensure smooth accounting run for bank reconciliation and financial transactions like loans, stocks, deposits, etc., at month-end. Be the first level contact for any issues and work with the team to resolve the matter.
6. Sound understanding of the process flow for SFTP, Swift, and H2H. Be the first level contact for all verticals (multiple lines of business under Dubai Holding) for issues related to middleware setup where coordination is required with IT, bank, or TMS partner to help resolution.
7. Reconciliation for authorized signatories/dealing mandates from IT standpoint and sharing extract of data to business to perform quarterly reconciliation of the latest approved authorized signatories and dealers list with banks to ensure these mandates are up-to-date and reflected correctly in bank records.
8. Handle in-house rollouts, enhancements, issues resolution, user training, and integration requirements.
9. Provide active support on ad hoc assignments/projects/developing dashboards and other reporting requirements as appropriate.
10. Regularly monitor and identify improvement areas in treasury operations to ensure effective and efficient treasury management system in terms of building alerts, fraud prevention setups in TMS, and building additional checks/validation.

Other Skills Required:

• Strong understanding of Treasury Management Systems (TMS) along with 3-4 years’ experience of Kyriba TMS product as an implementor.
• Analytical skills, consulting, and software implementation experience.
• Project implementation and communication skills.
• Strong problem-solving abilities and attention to detail.
• Excellent written and verbal communication skills.
• Ability to work independently and remotely.
• Bachelor's degree in Finance, Accounting, or related field.
• Understanding of basic transactional banking.
• Drive architectural and design choices, recommend new features which can optimize and lead a scalable, performance-driven treasury workstation.
• Functional knowledge of core treasury processes, including cash positioning, forecasting, bank account management, payment authorization architecture in TMS, FX, netting, and settlement.
• Functional knowledge of core finance processes, including accounts payable, general ledger, payroll, entity setup.