Cash Management Expert

3 days ago


Abu Dhabi, Abu Dhabi, United Arab Emirates Ghobash Group Full time
Requirements

To be successful in this role, you will need to have a strong background in finance, banking, and trade finance, as well as excellent communication and organizational skills. You should also be able to work effectively in a team environment and have a high level of technical expertise.

Key Responsibilities
  • Cash Management: Adhere to month-end cutoff schedules for reconciliations of all cash-related accounts, prepare daily, weekly, and monthly reports on the cash position, and maintain positive relationships with the banks.
  • Liquidity Management: Monitor and analyze the company's daily cash position to cover cash commitments, coordinate/optimize short-term and long-term borrowing, and manage cash flow, income, liability obligations, and assets.
  • Foreign Exchange Risk Management: Assist with the company's hedging program, identify/recommend strategies to minimize foreign currency and interest rate risks, and assist with short and long-term intercompany settlements and transactions.
  • Trade Finance: Check documents negotiated under LC, process documentation required to be presented to banks for negotiation, and follow up on discrepancies, acceptance, payment, and disputes related to letters of credit and collection bills.
  • Banking Facilities: Review banking facilities documentation (renewals) for the company, ensure it is in line with the company's requirements, and manage the requirements of the banks for compliance with financial conditions/covenants.


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