Section Head, Cash Management. UAE National

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

Job summary

A leading recruiting firm in the UAE seeks a Section Head for the Cash Management team. The ideal candidate will ensure smooth operations and manage cash flows within the organization. Candidates should have at least 5 years of relevant banking experience and a Bachelor's degree in Accounting or Finance. This role offers an opportunity to work with a prestigious financial services client.

Qualifications

• Minimum of 5 years banking experience within a related division.
• Strong knowledge of Accounting & Treasury products.
• Experience with statistical reporting and analysis.

Responsibilities

• Develop, manage and guide GMO’s Cash Management team.
• Ensure there are no operational errors or major complaints.
• Monitor customer account cash movements.

Skills

Accounting knowledge

Treasury products knowledge

Statistical reporting and analysis (Ms Office)

Education

Bachelor in Accounting or Finance

Tools

Murex

Job description

Overview

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.

Responsibilities

• 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.
• Ensure there are no operational errors or major complaints or issues for clients or counterparties.
• Monitor customer account cash movements.
• 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 relation 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 region’s number one contributor to Emiratization initiatives.