Senior Associate - Treasury

Modon; Abu Dhabi; On-site; AED 30,000 - 50,000; Full time

Job summary

A leading company in Abu Dhabi is seeking a Treasury Manager to provide essential support in daily Treasury activities, ensuring efficient cash management and compliance. The role involves cash flow management, financial risk assessment, and maintaining banking relationships, requiring a strong financial background and leadership skills.

Qualifications

• Bachelor's degree in accounting, finance, or a related field.
• Professional qualification such as CFA or ACCA.
• At least 8+ years of experience in Treasury management or corporate finance.

Responsibilities

• Track and report daily cash balances and assist in cash flow forecasts.
• Contribute to financial risk assessments and documentation of hedging transactions.
• Assist in the preparation of Treasury reports and ensure compliance with regulations.

Skills

Financial Management

Risk Management

Communication

Analytical Skills

Problem-Solving

Education

Bachelor's degree in Accounting or Finance

CFA or ACCA qualification

Job description

Job Purpose

Provides essential support by handling daily Treasury activities, ensuring efficient cash management, and maintaining accurate Financial records. This role focuses on executing routine Treasury operations, assisting in Financial analysis, and supporting compliance efforts to enhance the overall effectiveness of the Treasury function.

Roles, Responsibilities, Duties

Cash Flow Management Support

• Track and report daily cash balances, identifying any discrepancies or issues to the Senior Management
• Gather and compile data for cash flow forecasts prepared by the Senior Management.
• Coordinate and execute intra-company fund transfers under the guidance of the Senior Executive.

Financial Risk Management Support

• Contribute to collecting and organizing market data related to foreign exchange, interest rates, and commodities to support risk assessments.
• Assist in the documentation of hedging transactions and ensure accurate recording.
• Support in preparing preliminary reports on Modon Holding’s risk exposures for review by the Senior Executive.

Banking and Relationships Support

• Assist with the administration of bank accounts, including updating signatories and maintaining accurate records.
• Support in the regular review of banking fees and charges and report any discrepancies to the Senior Management.
• Assist in managing routine communications with banks to address transactional inquiries and operational issues.
• Ability to review term sheet sheets, facility agreements and other lending documentation for commercial soundness and completion

Treasury Operations Support

• Assist in the preparation and execution of payment runs, ensuring compliance with internal controls.
• Help maintain and update Treasury management systems (TMS) by entering data and troubleshooting minor issues.
• Assist in the reconciliation of bank statements and Treasury transactions to ensure accuracy and completeness.

Financial Reporting and Compliance Support

• Assist in the compilation and preparation of regular Treasury reports for internal and external stakeholders.
• Ensure all Treasury activities comply with relevant regulations and internal policies and support the documentation of compliance efforts.
• Assist in the preparation of documentation and data required for internal and external audits.

Financial Modeling

• Assist Director Treasury with creation of any required financial models including, but not limited to, assessment of debt capacity for Holdco and Opcos.
• External rating agency metrics performance and impact of strategic activities on Group rating.
• Building financial models for business planning purposes

Qualification:

• A bachelor’s degree in accounting, Finance, or a related field.
• A professional qualification such as CFA or ACCA

Experience:

• At least 8+ years of experience in Treasury management or corporate Finance.

Competencies:

Financial Management:

• Assist in Financial analysis tasks such as financial model preparation and variance analysis, ensuring data accuracy and alignment with organizational goals.

Leadership and Management:

• Collaborate effectively with cross-functional teams to achieve Financial objectives and support team cohesion.

Strategic Thinking:

• Collect and organize Financial data to support strategic planning initiatives and decision-making processes.

Risk Management:

• Support in identifying and assessing Financial risks through data analysis and documentation preparation.

Communication and Interpersonal Skills:

• Communicate Financial information clearly and succinctly to stakeholders, ensuring transparency and understanding.

Ethical Standards:

• Maintain awareness of Financial regulations and policies, ensuring adherence to ethical standards in all Financial activities.

Problem-Solving and Analytical Skills:

• Provide analytical support to resolve Financial issues and challenges, contributing to effective decision-making.

Adaptability and Resilience:

• Adapt to changing priorities and business needs, demonstrating resilience in managing workload and achieving organizational objectives.