Treasury Analyst

Veolia; Dubai; On-site; AED 360,000 - 600,000; Full time

Job summary

Veolia Near & Middle East (VNME) seeks a Treasurer to lead treasury for the UAE and GCC region. You will manage trade finance, working capital, liquidity, and banking relationships to support project delivery.

The ideal candidate holds a professional finance qualification, 3+ years of treasury experience, and strong analytical skills. English is essential; Arabic and French are an advantage. You will implement cash tracking, forecasting, and governance across the BU.

Qualifications

• Professional qualification in accounting or finance; CFA/ACCA/CMA preferred.
• Minimum 3 years of relevant experience in UAE or GCC in treasury or construction/infra.
• Strong experience in treasury operations and trade finance.
• Solid knowledge of trade finance instruments, banking processes, and working capital management.
• High accuracy, integrity; excellent analytical and communication skills.
• Fluency in English required; Arabic and French are an advantage.

Responsibilities

• Support Group treasury activities across trade finance, including bank guarantees, letters of credit and supply chain finance programmes.
• Determine and facilitate the guarantees to be implemented with support of group guarantees team through Fairways and Garanteo tools.
• Support BU in deploying solutions to better manage working capital through factoring, discounting or supply chain financing; assist payroll, benefits, AP and collections.
• Assist BU in internal/external financing and manage working capital optimally.
• Define and implement cash tracking and weekly cash forecasting in coordination with cash management.
• Drive relationships with banks and BU on treasury/financing topics; ensure liquidity optimization.
• Liaise with banking partners on transactional matters; support facility renewals and compliance docs.
• Ensure compliance with banking mandates and audit requirements; drive treasury process improvements.
• Support risk management (FX, rates) in coordination with trading room.
• Ensure dividend policy is applied and payments to group arranged.
• Lead annual finance committee presentation and financing strategy for future projects.
• Prepare quarterly treasury reporting and track off-balance sheet commitments and changes in working capital.

Skills

Treasury Operations

Trade Finance

Cash Management

Liquidity Management

Forecasting

Banking Relationships

Regulatory Compliance

Analytical Skills

English Fluency

Education

Professional qualification in accounting/finance (ACT, CFA, ACCA, CMA)

Tools

Fairways

Garanteo

Job description

Company Description

For 170 years, Veolia has been a global leader in providing water, energy, and waste management solutions. Serving public authorities and industries across 58 countries, our comprehensive services are essential to human development and sustainable growth. As we progress alongside economic growth and human development, we continuously adapt and innovate, designing solutions that positively impact the environment and conserve resources.

Veolia focuses on local solutions to purify and preserve vital resources, mitigate resource depletion, decarbonize lifestyles and production methods, and adapt to the impacts of climate change.

Our mission is to build a better 21st century, and we proudly identify as #resourcers.

Key figures of Veolia in the Near and Middle East

• Over 3,900 employees across the Near & Middle East, alongside approximately 6,000 additional employees under Enova — a dedicated Veolia division specializing in Facility Management and Energy Efficiency across the region
• A robust local presence spanning the UAE, Oman, Qatar, Saudi Arabia, Bahrain, Kuwait, Turkey, and Jordan
• Over 40 years of trusted and sustainable partnerships

In the Near & Middle East, Veolia collaborates with industries, governments, communities, and commercial businesses to deliver innovative and sustainable environmental solutions needed today — balancing the needs of today with a clear vision for tomorrow. Through public-private partnerships and innovative contractual schemes, Veolia is dedicated to achieving measurable results through pragmatic, sustainable environmental solutions.

For more information, please visit our Website

Context

Veolia Near & Middle East (VNME) headquartersprovides business support and expertise to its various local entities and ensures that the Veolia Group strategy, policies, processes, and tools are implemented appropriately and in a timely manner, as well as customized to our local needs. The role of the finance department is not limited to keeping the company’s accounts. Its influence goes far beyond and impacts all corporate functions.

Job Description

Main Accountabilities

As Treasurer for the Near and Middle East BU, the role will play a key part in supporting the Group’s trade finance, working capital and treasury operations. Working closely with banking partners and internal stakeholders, the position will help ensure that the BU’s projects have the financial instruments and liquidity required for successful delivery. Operating in a collaborative environment, the role combines technical treasury expertise with commercial insight to deliver efficient treasury solutions, strengthen financial controls and continuously improve treasury processes. It also promotes a strong cash culture and supports BUs in monitoring cash generation.

Detailed Job Description

• Support the Group’s Treasury activities across trade finance, including bank guarantees, letters of credit and supply chain finance programmes.
• Determine and facilitate the guarantees to be implemented at the request of the BU, with the assistance of the group guarantees team through Fairways and Garanteo tools.
• Support the BU teams in the deployment of solutions to better manage their working capital through factoring, discounting or supply chain financing, and support other 'cash-related' functions such as payroll, benefits, accounts payable and collections.
• Support the BU in the preparation of internal financing (through the Fineo tool) /external financing and manage their working capital optimally.
• Define and implement cash tracking solutions through regular review of weekly cash forecasting exercises in coordination with the cash management team, maximizing cash repatriation.
• Drive the relationships between the Group's Banks and the BUs on treasury/financing subjects, ensuring optimal liquidity solutions.
• Liaise with banking partners on transactional matters, facilitate competitive credit facility renewals and compliance documentation.
• Ensure compliance with banking mandates and audit requirements and contribute to continuous improvement and innovation initiatives that optimize treasury workflows and reporting.
• Support solutions to deal with financial risks, in coordination with the Group's trading room (F/X, interest rate volatility, counterparty).
• Ensure and track the proper application of the dividend policy and support timely payments to the group in coordination with Group Treasury and the financing department.
• Spearhead the annual finance committee presentation to review the business unit's annual financial performance and net debt, and establish financing strategies for future projects.
• Prepare treasury reporting (quarterly cash and debt reports), maintain track of off-balance sheet commitments (guarantees), dividend payouts, and change in working capital variance analysis.
• Develop and maintain treasury policies and procedures, ensuring adherence to internal controls and corporate governance.
• Support additional treasury initiatives and projects as required.

Qualifications

• Professional qualification in accounting, finance, or related fields such as ACT. CFA, ACCA, or CMA, or equivalent.
• Minimum 3 years of relevant experience, preferably in the UAE or GCC region within construction infrastructure or corporate treasury environments.
• Strong experience in Treasury operations and Trade Finance.
• Thorough understanding of trade finance instruments, banking processes, and working capital management.
• Strong knowledge of treasury controls, governance, and compliance requirements.
• High level of accuracy, attention to detail, and integrity.
• Excellent analytical, problem-solving, and communication skills.
• Fluency in English (written and spoken) required; Arabic and French are an advantage.

Additional Information

Personal Attributes

• Ability to work autonomously and show initiative.
• Adaptability to change and flexibility in work.
• Good coordination and organizing skills.
• Strong analytical and problem-solving abilities with attention to detail.
• High level of integrity, confidentiality, and professionalism.
• Effective communication and interpersonal skills to work with cross-functional teams.
• Proactive, self-motivated, and results-oriented mindset.

As an inclusive company, Veolia is committed to diversity and gives equal consideration to all applications, without discrimination.

The preceding description is not designed to be a complete or exhaustive list of all duties and responsibilities that will be carried out by the selected candidate.

Veolia Middle East does not and shall not discriminate in any forms in its recruitment processes.