Treasury Specialist

Treasury Specialist Salary: Competitive and based on experience Location: Abu Dhabi Keywords: Finance, Treasury, Bank Accounts Management, Cash Management, Hedging Exposure Management, DCM, Trade Finance, SAP, Reporting

Our client is seeking a Treasury Specialist to join their Finance team. This role offers an exciting opportunity to manage bank accounts, forecast cash flows, monitor investments, and manage working capital. The successful candidate will be part of a team that values collaboration, data-driven decision-making, and continuous improvement. This full-time position is based in Abu Dhabi and requires on-site work.

• Manage bank accounts and maintain relationships with bank representatives
• Forecast short-term and long-term cash flows
• Monitor investments and manage working capital

What you'll do:

As a Treasury Specialist, your role will be pivotal in managing the company's finances. You will be responsible for maintaining relationships with banks, managing bank accounts, forecasting cash flows, monitoring investments, managing working capital, hedging exposures, and other related treasury activities. Your ability to understand financial systems and applications will be crucial in this role. You will also need to have a deep understanding of applicable laws and regulations.

• Maintain relationships with bank representatives and manage opening/closing of bank accounts
• Prepare cash forecasts as per the defined frequency, DOA and SLAs, and communicate with Group Treasury
• Assess working capital requirement based on current cash balances and inputs from the cash forecast
• Obtain confirmation for liquidation of investments
• Assist with financial analysis and produce daily/ weekly/ monthly narrative reports as required and directed
• Develop understanding of short term investment vehicles and perform analysis of investment alternatives
• Determine hedge requirements aligned to the policy and business requirements
• Evaluate and validate tax and accounting implications of hedges
• Test hedge effectiveness to accurately account for hedge gain or loss

What you bring:

The ideal candidate for the Treasury Specialist role would bring excellent finance and accounting knowledge, particularly in Treasury Management. They would demonstrate proven team management skills with the ability to operationalize and manage execution of bank and cash management activities. The candidate should showcase expertise in identifying potential risks and compliance gaps, along with opportunities for process optimization.

• Bachelor's degree in Finance, Accounting, Business, or a related field
• DCM experience would be advantageous
• Proven experience of at least 5+ years in Treasury Administration
• In-depth knowledge across various Treasury processes
• Understanding of applicable laws and regulations
• Proficiency and working knowledge in financial systems and applications, particularly those related to bank and cash management
• Excellent written and verbal Arabic and English language proficiency (Arabic is Optional)
• Strong analytical skills and ability to understand, interpret and analyze internal and external data to predict trends