Senior Treasury Accountant

applydubaijob.com; Dubai; On-site; AED 240,000 - 480,000; Full time

Job summary

Confidential invites an experienced Senior Treasury Accountant to join its finance team in the United Arab Emirates. The role focuses on cash management, banking operations, and UAE trade finance, including LC, TR loans, and documentary collections.

You will oversee treasury activities, manage banking relationships, monitor cash flow, and prepare monthly treasury KPI reports while supervising junior staff. A strong analytical mindset and advanced Excel skills are essential.

Qualifications

• 6–8 years of treasury or banking experience with UAE trade finance exposure.
• Bachelor’s Degree in Finance or Accounting; CMA/CTP/ACCA preferred.
• Strong cash management and treasury operations knowledge; bank reconciliations and LC/TR exposure.
• Advanced Excel and financial modelling skills.

Responsibilities

• Prepare daily cash position reports and monitor cash flow.
• Manage banking facilities including Letters of Credit, TR loans, overdrafts and bank guarantees.
• Process import LCs, documentary collections and TR loan settlements with banks.
• Evaluate bank pricing, service charges and financing terms for competitive arrangements.
• Handle bank KYC, compliance requests and account opening/ renewal documents.
• Prepare monthly treasury KPI reports and supervise junior Treasury Accountant.

Skills

Treasury/B banking experience

Advanced Excel

Financial Modelling

Education

Bachelor's Degree in Finance or Accounting (CMA/CTP/ACCA preferred)

Tools

Microsoft Excel

Financial Modelling Tools

Job description

Job Title: Senior Treasury Accountant

Employer: Confidential

Job Location: United Arab Emirates

Employment Type: Full Time

Salary: Not Specified (to be discussed during the interview)

Candidate Prerequisites: 6-8 Years Treasury/Banking Experience | UAE Trade Finance (LC, TR Loans, Documentary Collections) | CMA/CTP/ACCA Preferred | Advanced Excel & Financial Modelling

Role Overview

A reputable organization is looking to hire an experienced Senior Treasury Accountant to strengthen its finance team. This role is suited to you if you're a treasury professional with extensive experience in cash management, banking operations, and trade finance within the UAE market.

You'll oversee treasury activities, manage banking relationships, monitor cash flow, and support strategic financial operations. If you have strong analytical skills, advanced Excel expertise, and a solid understanding of trade finance, you're encouraged to apply.

Key Responsibilities

• Prepare daily cash position reports and monitor organizational cash flow.
• Manage banking facilities, including Letters of Credit (LC), Trust Receipt (TR) loans, overdrafts, and bank guarantees while monitoring utilization and limits.
• Process import Letters of Credit, documentary collections, and TR loan settlements with banking partners.
• Evaluate bank pricing, service charges, and financing terms to secure competitive banking arrangements.
• Handle bank KYC requirements, compliance requests, and account opening or renewal documentation.
• Prepare accurate bank reconciliations and resolve discrepancies promptly.
• Coordinate fund transfers between business entities and ensure payments are processed within approved authorization limits.
• Monitor foreign exchange exposure and negotiate competitive FX rates with banks.
• Prepare monthly treasury KPI reports covering facility utilization, finance costs, cash balances, and treasury performance.
• Supervise, guide, and support the Junior Treasury Accountant.

Requirements & Qualifications

• Education & Experience: Bachelor's Degree in Finance or Accounting (CMA, CTP, or ACCA preferred); 6-8 years of treasury or banking experience with exposure to UAE trade finance.
• Technical Proficiency: Strong knowledge of cash management and treasury operations; trade finance, including Letters of Credit (LC), Trust Receipt (TR) loans, and documentary collections; advanced Microsoft Excel, financial modelling, and bank reconciliations.
• Core Competencies: Strong analytical, communication, and problem-solving skills; ability to manage multiple banking relationships and treasury operations effectively.