Treasury Executive - Dubai

Be among the first applicants.

Achyutam International - Consulting in HR & Finance

Dubai

AED 80,000 - 150,000

Be among the first applicants.

2 days ago

Job description

Designation: Treasury Executive

Location: Dubai

Qualifications

Required Experience

2 to 5 years of experience in Treasury, Finance, or Banking operations, preferably in an Agro Commodity Trading Business.
Hands-on experience in cash flow management, banking operations, FX exposure analysis, and trade finance risk management.
Familiarity with Treasury Management Systems (TMS) and Enterprise Resource Planning (ERP) platforms (SAP preferred).

Job Description
Cash Flow Management:

Monitor and manage daily cash positions to ensure optimal liquidity for trading operations and strategic requirements.
Prepare, update, and analyze short-term and long-term cash flow forecasts, including:

Weekly Quick Liquidity Cash Flow Forecast (for the next one month).
Fortnightly Cash Flow Forecast (covering contracted and projected business for the next 12 months).

Ensure efficient utilization of surplus funds in alignment with company policies and risk appetite.
Align investment maturities with forecasted cash flow requirements to maintain liquidity while optimizing returns.
Manage cash flows related to trade finance instruments, such as letters of credit (LCs), bank guarantees, and supplier payments.

Banking Operations & Trade Finance Management:

Maintain strong relationships with banks and financial institutions to ensure smooth banking operations.
Facilitate and execute payment transactions, including vendor payments, loan repayments, intercompany fund transfers, and structured trade finance deals.
Administer and monitor banking facilities, including lines of credit, trade finance instruments, guarantees, and letters of credit to support the company's trading activities.
Manage the opening, maintenance, and closure of bank accounts, ensuring compliance with internal controls and regulatory requirements.
Ensure efficient execution of fund transfers and intercompany settlements while managing associated banking charges and fees.
Work closely with procurement and logistics teams to coordinate payment terms and financing arrangements for commodity purchases.

Financial Risk Management:

Analyze and monitor foreign exchange (FX) exposures, evaluate risks, and propose suitable hedging strategies to mitigate currency fluctuations.
Conduct Forex Movement Analysis and Forex Exposure Analysis to support hedging decisions.
Identify and assess interest rate risks, commodity-linked financial risks, and recommend appropriate risk mitigation strategies.
Track and evaluate investment opportunities and treasury instruments to optimize financial returns.

Treasury P&L Analytics & Reporting:

Perform Treasury P&L analytics, providing insights into financial performance, cost optimization, and cash flow efficiency.
Maintain up-to-date reports on liquidity positions, debt obligations, and interest rate exposures.
Conduct performance evaluations of Treasury transactions, highlighting opportunities for improvement and cost savings.
Analyze and report variances in actual vs. forecasted cash flows and identify potential risks and corrective actions.

Finance Cost & Finance Income Accruals, Calculations & Reporting:

Calculate, accrue, and report finance costs related to trade finance instruments, loan facilities, and working capital borrowings.
Recognize and report finance income from deposits, financial investments, and commodity-linked financing arrangements.
Ensure timely and accurate recognition of finance costs and income in compliance with IFRS and trade finance accounting principles.
Reconcile financing expenses and income with bank statements, financial models, and trading cash flows.

Treasury Accounting, Reporting, And Compliance:

Prepare periodic Treasury reports, including cash flow statements, FX exposure summaries, and debt schedules.
Accurately record and reconcile treasury transactions in line with IFRS standards and industry-specific accounting frameworks for commodity trading.
Support external and internal audit processes by preparing and providing required Treasury-related reports and documentation.
Ensure adherence to financial regulations, internal controls, and company treasury policies.
Work closely with finance and accounting teams to ensure alignment of Treasury operations with financial statements and reporting.

Systems And Process Improvement:

Assist in the implementation and maintenance of Treasury Management Systems (TMS).
Identify opportunities for automation and process improvements in Treasury functions to enhance efficiency and accuracy.
Develop and refine Treasury procedures to ensure best practices and adherence to internal policies.

Collaboration & Stakeholder Engagement:

Coordinate with internal departments, including Finance, Accounts Payable, Accounts Receivables, and Procurement, for effective cash flow planning.
Support cross-functional projects and initiatives involving Treasury-related financial planning and optimization.