Manager - Treasury And Banking

Space42; Abu Dhabi; On-site; AED 600,000 - 900,000; Full time

Job summary

Space42, the UAE-based AI-powered SpaceTech company, is seeking a Manager of Treasury and Banking to oversee cash management, liquidity and banking relationships. You will drive treasury operations to optimize financial performance and ensure regulatory compliance, collaborating with accounting, finance and operations teams.

The role requires strong experience in debt facilities, hedging, and treasury systems, with leadership of a treasury team and regular reporting to senior management.

Qualifications

• 10+ years of progressive experience in treasury and banking operations.
• Forecasting and business partnering experience translating analysis into insights.
• Experience with debt facilities and financial risk management including FX hedging.
• Experience with treasury tools and systems (TMS, Oracle) to support cash management, reporting and controls.
• Bachelor's degree in Accounting or Finance.
• Professional qualification in Finance or Treasury (ACT, CFA or ACA).

Responsibilities

• Oversee cash management and liquidity optimization.
• Manage debt facilities and funding arrangements.
• Administer trade finance and bank guarantees.
• Cultivate banking relationships and negotiate terms.
• Lead CapEx program reviews and spend tracking.
• Provide financial analysis and forecasting for treasury ops.
• Develop treasury policies and internal controls.
• Lead KYC and regulatory compliance for banks.

Skills

Forecasting

Business partnering

Debt facilities

FX hedging

Treasury reporting

Education

Bachelor's degree in Accounting or Finance

Professional qualification in Finance or Treasury (ACT, CFA or ACA)

Tools

Treasury Management Systems (TMS)

Oracle ERP

Job description

Job Description

Space42 (ADX: SPACE42) is a UAE-based AI-poweed SpaceTech company that integrates satellite communications, geospatial analytics and artificial intelligence capabilities to enlighten the Earth from space. Established in 2024 following the successful merger between Bayanat and Yahsat, Space42's global reach allows it to address the rapidly evolving needs of its customers in governments, enterprises, and communities.

Our vision is to pioneer beyond today for humanity to experience a better tomorrow. Space42 challenges traditional approaches with advanced AI and cutting-edge satellite technology, making space more accessible and redefining how data from space can be used on Earth. We aim to achieve this by connecting people to rewire potential, informing decisions to reimagine impact and enabling action to redefine tomorrow.

For more information visit: www.space42.ai, follow us on X and Instagram@Space42ai

Role Purpose

As the Manager of Treasury and Banking at Space42, you will be responsible for overseeing the organization's cash management, liquidity, treasury activities and banking relationships. This role requires strategic oversight of treasury operations to optimize financial performance and ensure compliance with relevant regulations. You will collaborate closely with various departments to support financial objectives and enhance operational efficiency.

Responsibilities

• Cash Management: Manage short-term and long-term cash flow and liquidity to ensure that the organization can meet its financial obligations and optimize cash usage.
• Debt & Funding Facilities: Support the execution and ongoing management of corporate funding facilities (including term loans, bridge loans and ECA-backed facilities), including documentation, covenant compliance, drawdowns and bank coordination.
• Trade Finance: Manage day-to-day trade finance activities including the issuance and administration of bank guarantees, letters of credit (LCs) and advance payment guarantees, ensuring timely processing, compliance with agreed terms and effective coordination with banks and internal stakeholders.
• Banking Relationships: Develop and maintain relationships with banks and financial institutions, negotiating terms and services to benefit the organization.
• CapEx Program Management: Perform monthly reviews of major CapEX programs to monitor delivery and spend against approved budget; investigate and explain key deviations, and coordinate with project owners to support timely corrective actions.
• Financial Analysis: Conduct financial analysis and forecasting to support decision-making regarding treasury operations and cash management strategies.
• Policy Development: Implement and maintain treasury policies and procedures, ensuring compliance with regulatory requirements and internal controls.
• Risk Management: Identify and assess financial risks associated with treasury operations (including FX and interest rate exposures), recommend and execute hedging strategies to mitigate these risks, and support quarterly hedge effectiveness testing.
• Team Leadership: Manage and mentor the treasury team, fostering a collaborative environment that encourages professional development.
• Reporting: Prepare and present regular reports on cash position, banking activities, and treasury performance to senior management.
• Cross-Department Collaboration: Work closely with accounting, finance, and operations teams to support overall financial strategies and initiatives.
• KYC & Regulatory Compliance: Oversee initial and ongoing bank KYC processes, including documentation refreshes, regulatory questionnaires, and coordination with internal stakeholders.
• Satellite Insurance: Liaise with insurance brokers as required and report directly to the CFO on satellite insurance matters; prior satellite insurance experience is not required.

Qualifications

• 10+ years of progressive experience in treasury and banking operations.
• Strong forecasting and business partnering experience, with the ability to translate financial analysis into actionable business insights.
• Demonstrated experience with debt facilities (e.g., term loans, bridge loans and/or ECA-backed facilities) and financial risk management including FX and/or interest rate hedging.
• Experience with treasury tools and systems (e.g., Treasury Management Systems (TMS), Oracle and/or other ERP/treasury platforms) to support cash management, reporting and controls.
• Bachelor's degree in Accounting, Finance or related field.
• Professional qualification in Finance or Treasury, such as ACT, CFA or ACA.