Assistant Treasury Manager

Al Marwan Group; Sharjah; On-site; USD 60,000 - 90,000; Full time

Job summary

A leading company in the UAE seeks an experienced Assistant Treasury Manager for their Sharjah office. The role involves managing cash positions, forecasting cash flow, and liaising with financial institutions. Ideal candidates will have a degree in finance and a strong background in treasury functions, ensuring compliance and efficiency in operations.

Qualifications

• Bachelor's degree in finance, accounting, or economics required.
• Minimum 5-6 years of treasury experience needed.
• Advanced Excel skills and proficiency in financial software essential.

Responsibilities

• Monitor and manage daily cash positions.
• Forecast cash flow for liquidity management.
• Assist in negotiating with banks and managing financial risks.

Skills

Cash management

Financial analysis

Risk management

Negotiation

Treasury operations

Education

Bachelor's degree in finance, accounting, or economics

Certified Treasury Professional (CTP) or MBA

Tools

Financial Software (TMS)

Excel

Job description

Who We Are

Al Marwan Group is a holding company established in 1978, Al Marwan Group has grown a strong diversified portfolio in Real Estate Development & Management, Hospitality, General Contracting and Heavy Machinery trading of brand new and used equipment for the Construction, Mining, Oil, and Gas industries.

We are seeking a highly experienced and professional Assistant Treasury Manager to join our team in Sharjah, the ideal candidate will be responsible to;

• Monitor and manage daily cash positions.
• Forecast cash flow to ensure the company has sufficient liquidity.
• Optimize cash reserves and invest excess funds as necessary.
• Support the management of relationships with banks and financial institutions.
• Assist in negotiating bank fees, services, and terms.
• Coordinate banking activities, including payments, transfers, and borrowing.
• Assist in preparing treasury reports, including cash flow statements, liquidity forecasts, and debt schedules.
• Provide regular updates to senior management on the company's financial status.
• Help manage short-term and long-term debt, including monitoring interest rates and maturity schedules.
• Assist in debt issuance and refinancing processes.
• Support efforts to identify and manage financial risks, such as interest rate and foreign exchange risks.
• Help implement hedging strategies to mitigate risks.
• Ensure that treasury activities comply with internal policies and external regulations.
• Maintain proper documentation for treasury transactions and audit purposes.
• Assist in developing and implementing strategies for managing corporate investments, balancing risk and return.
• Identify opportunities to streamline treasury operations and improve efficiency.
• Implement and maintain treasury management systems (TMS) or software solutions.

Requirements:

Education:

• A bachelor's degree in finance, accounting, economics, or a related field is typically required.
• Advanced certifications like the Certified Treasury Professional (CTP) or an MBA can be advantageous.

Experience:

• Typically requires minimum 5-6 years of experience in treasury, finance, or accounting, with exposure to cash management, banking, and financial analysis.
• Proficiency in financial software (TMS), advanced Excel skills, and understanding of financial markets.