Treasury Executive

Job Description

Designation: Treasury Executive

Location: Dubai

Qualifications:

• Bachelor's degree in finance, Accounting, Economics, or a related field.
• Professional certification (e.g., CA, ACCA, or CTP) will be an advantage.

Required Experience:

• 2 to 5 years of experience in Treasury, Finance, or Banking operations, preferably in an Agro Commodity Trading Business.
• Hands-on experience in cash flow management, banking operations, FX exposure analysis, and trade finance risk management.
• Familiarity with Treasury Management Systems (TMS) and Enterprise Resource Planning (ERP) platforms (SAP preferred).

INTERESTED CANDIDATES CAN SHARE THEIR CV TO

Job Description:

Cash Flow Management:

• Monitor and manage daily cash positions to ensure optimal liquidity for trading operations and strategic requirements.
• Prepare, update, and analyze short-term and long-term cash flow forecasts, including:
  • Weekly Quick Liquidity Cash Flow Forecast (for the next one month).
  • Fortnightly Cash Flow Forecast (covering contracted and projected business for the next 12 months).
• Ensure efficient utilization of surplus funds in alignment with company policies and risk appetite.
• Align investment maturities with forecasted cash flow requirements to maintain liquidity while optimizing returns.
• Manage cash flows related to trade finance instruments, such as letters of credit (LCs), bank guarantees, and supplier payments.

Banking Operations & Trade Finance Management:

• Maintain strong relationships with banks and financial institutions to ensure smooth banking operations.
• Facilitate and execute payment transactions, including vendor payments, loan repayments, intercompany fund transfers, and structured trade finance deals.
• Administer and monitor banking facilities, including lines of credit, trade finance instruments, guarantees, and letters of credit to support the company's trading activities.
• Manage the opening, maintenance, and closure of bank accounts, ensuring compliance with internal controls and regulatory requirements.
• Ensure efficient execution of fund transfers and intercompany settlements while managing associated banking charges and fees.
• Work closely with procurement and logistics teams to coordinate payment terms and financing arrangements for commodity purchases.

Financial Risk Management:

• Analyze and monitor foreign exchange (FX) exposures, evaluate risks, and propose suitable hedging strategies to mitigate currency fluctuations.
• Conduct Forex Movement Analysis and Forex Exposure Analysis to support hedging decisions.
• Identify and assess interest rate risks, commodity-linked financial risks, and recommend appropriate risk mitigation strategies.
• Track and evaluate investment opportunities and treasury instruments to optimize financial returns.

Treasury P&L Analytics & Reporting:

• Perform Treasury P&L analytics, providing insights into financial performance, cost optimization, and cash flow efficiency.
• Maintain up-to-date reports on liquidity positions, debt obligations, and interest rate exposures.
• Conduct performance evaluations of Treasury transactions, highlighting opportunities for improvement and cost savings.
• Analyze and report variances in actual vs. forecasted cash flows and identify potential risks and corrective actions.

Finance Cost & Finance Income Accruals, Calculations & Reporting:

• Calculate, accrue, and report finance costs related to trade finance instruments, loan facilities, and working capital borrowings.
• Recognize and report finance income from deposits, financial investments, and commodity-linked financing arrangements.
• Ensure timely and accurate recognition of finance costs and income in compliance with IFRS and trade finance accounting principles.
• Reconcile financing expenses and income with bank statements, financial models, and trading cash flows.

Treasury Accounting, Reporting, and Compliance:

• Prepare periodic Treasury reports, including cash flow statements, FX exposure summaries, and debt schedules.
• Accurately record and reconcile treasury transactions in line with IFRS standards and industry-specific accounting frameworks for commodity trading.
• Support external and internal audit processes by preparing and providing required Treasury-related reports and documentation.
• Ensure adherence to financial regulations, internal controls, and company treasury policies.
• Work closely with finance and accounting teams to ensure alignment of Treasury operations with financial statements and reporting.

Systems and Process Improvement:

• Assist in the implementation and maintenance of Treasury Management Systems (TMS).
• Identify opportunities for automation and process improvements in Treasury functions to enhance efficiency and accuracy.
• Develop and refine Treasury procedures to ensure best practices and adherence to internal policies.

Collaboration & Stakeholder Engagement:

• Coordinate with internal departments, including Finance, Accounts Payable, Accounts Receivables, and Procurement, for effective cash flow planning.
• Support cross-functional projects and initiatives involving Treasury-related financial planning and optimization.