Treasury Manager
Posted on :
27-03-2025
Employer Active
1 Vacancy
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Share
Send me jobs like this
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Description
Treasury Manager
Dubai UAE
FMCG
We are looking for a treasury Manager for one of our FMCG clients based in Dubai.
Experience:11 13 Years of Industry Experience out of which 67 years should be in corporate Treasury in UAE.
Education: CA Chartered Accountant
Responsibilities:
1. General resposibilities:
- Responsible for Investments On short & long term products
- Foreign Exchange To work on forward deal / Spot deal.
- Borrowing Monitoring borrowing Movement.
- To establish & maintain relationship with banks.
- To look for opportunities for short term & long term investments.
- To ensure efficient utilisation of funds at all IBD subsidiaries.
2. Forex Management
- To review and reconcile all foreign exchange contracts positions including settlement instructions to the banks and internal teams.
- To review the status of transactions accounting and reconciliations for all forex exposure at a group level.
3. Review
- To monitor bank accounts and credit facilities (including pricing and other terms) with multiple banks review all new facilities across all locations execute direct action on unresolved and unaccounted items and reconciliations with a view to streamline the process and resolve items in an orderly and process bound manner.
3. Hedging
- To work out alternate ways of hedging FX exposure for countires where forwards & Futures are not available.
- To track currencies and taking preventive steps for any expected currency depreciation.
- To ensure the FX hedging is done as per FOREX policy and to evaluate hedge effectiveness.
4. Bank Limitis
- To arrange banking relationship for all subsidiaries.
- To negotiate bank charges and the opening of new bank accounts to fulfil banking needs.
- To get bank working capital limits and capex loans.
5. Arbitrage
- To analyse the Investments in lines with FX instruments to tap any forex arbitrage opportunities.
- To explore Letter of Credit discounting opportunities which provide benefit of interest arbitrage.
6. Others
- To review MIS and reports prepared by Finance managers across subsidiaries and redesigning those MIS to address additional future requirement if any.
- To manage related party receivables and exposure across all group entities
Employment Type
Full Time
Key Skills
Report This Job
Disclaimer: Drjobs.ae is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
