Section Head, Cash Management. UAE National

TAAHEED; Abu Dhabi; On-site; AED 60,000 - 120,000; Full time

Job summary

A leading recruitment consultancy in the region seeks a Section Head for Cash Management to oversee a team in ensuring smooth operations and timely transactions. The ideal candidate should have a Bachelor’s in Accounting or Finance and a minimum of 5 years in banking. Responsibilities include developing team skills, monitoring cash movements, and ensuring operational accuracy.

Qualifications

• Minimum of 5 years banking experience within a related division.

Responsibilities

• Develop and manage GMO’s Cash Management team.
• Ensure no operational errors or complaints.
• Monitor customer account cash movements.
• Check daily reconciliation summary report.
• Obtain cash movements from UAE Central Bank and submit consolidated positions.

Skills

Strong knowledge of Accounting & Treasury products

Statistical reporting and analysis (Ms Office)

Education

Bachelor in Accounting or Finance

Tools

Murex knowledge

Job description

Section Head, Cash Management. UAE National

TAAHEED are currently engaged with the region’s leading Banking group to assist them in attracting the talent of the future. Our client is one of the most recognisable names in the Financial Services industry and is in an enviable position to be able to recruit high-calibre professionals across the business.

Sitting within the Global Market Operations department, we are seeking a Section Head to manage a team to ensure that all operational work flows and all transactions occur timely and smoothly with no errors. This will involve leading a centralized function that manages all cash management aspects and ensure all Nostros and Vostros accounts are funded within management approved limits.

Accountabilities:

• To develop, manage and guide GMO’s Cash Management team to perform their daily tasks and set plans/training to develop their skills and ensure bank competencies are implemented.
• To ensure there are no operational errors or major complaint or issues for clients or counterparties.
• Monitor customer account cash movements.
• Ensure to check daily reconciliation summary report for unadvised credits.
• Obtain UAE Central Bank cash movements from all channels and submit the consolidated positions to the dealers.
• Produce and check daily, weekly and monthly management information reporting in relations to the Cash Management activities.

Qualifications:

• Bachelor in Accounting or Finance.
• Strong knowledge of Accounting & Treasury products.
• Minimum of 5 years banking experience within a related division.
• Experience with statistical reporting and analysis (Ms Office).
• Murex knowledge is desirable.

About The Company

TAAHEED deliver pioneering recruitment solutions and consultancy services to MENA organizations that believe human capital is the major driver in building a ‘best-in-class’ team or company.

TAAHEED offer Search & Selection, Project & Managed Service solutions across key practices, including:

• Construction & Development
• Banking & Financial Services
• Insurance
• IT & Telecommunications
• Engineering & Industry
• Shared Services (HR/Legal/Accountancy/Professional Support)
• Higher Education Recruitment / University (Faculty Staff)
• Media, Advertising
• Marketing, PR & Communications
• Public Sector

TAAHEED also are the regions number one contributor to Emiratization initiatives.