We're Hiring: Senior Treasury Specialist
Location: United Arab Emirates (Remote)
Employment Type: Full-Time
Experience Level: Senior
Work Arrangement: Fully Remote
About UsWe are a globally focused organization committed to maintaining strong liquidity, effective cash management, financial resilience, and disciplined treasury operations across diverse markets.
Our Finance and Treasury teams collaborate across Accounting, FP&A, Commercial, Procurement, Tax, Legal, Banking, and senior leadership to optimize cash flows, manage financial risks, strengthen banking relationships, and support sustainable business growth.
The RoleWe are seeking an experienced Senior Treasury Specialist to lead cash management, liquidity planning, banking operations, treasury reporting, foreign-exchange management, funding activities, and financial-risk monitoring.
The ideal candidate will combine strong treasury expertise with analytical and commercial awareness to ensure adequate liquidity, optimize cash utilization, manage banking relationships, strengthen treasury controls, and provide management with timely visibility into cash positions, funding requirements, and financial risks.
Key Responsibilities
- * Lead day-to-day treasury operations across cash management, liquidity, banking, payments, and financial-risk activities.
- Develop and maintain daily, weekly, monthly, and long-term cash-flow forecasts.
- Monitor actual cash flows against forecasts and investigate significant variances.
- Maintain accurate visibility of cash balances across bank accounts, entities, currencies, and jurisdictions.
- Prepare daily cash-position reports and consolidated liquidity summaries for management.
- Monitor short-term and medium-term liquidity requirements.
- Identify potential cash surpluses and funding requirements and recommend appropriate actions.
- Optimize cash allocation across business units, legal entities, currencies, and banking relationships.
- Coordinate intercompany funding, cash transfers, and liquidity movements where applicable.
- Manage bank-account structures, signatories, mandates, and authorized users.
- Maintain accurate records of bank accounts, facilities, guarantees, deposits, and treasury instruments.
- Coordinate account openings, closures, changes, and periodic bank documentation requirements.
- Manage relationships with banks, financial institutions, payment providers, and treasury service partners.
- Negotiate banking fees, service arrangements, transaction terms, and treasury-related services where appropriate.
- Monitor banking-service quality, transaction processing, response times, and relationship performance.
- Review bank charges and identify opportunities to reduce transaction and account-maintenance costs.
- Monitor incoming and outgoing payments and ensure timely settlement of approved transactions.
- Coordinate payment processing with Accounts Payable, Accounts Receivable, Payroll, Procurement, and other relevant teams.
- Establish appropriate payment controls, approval workflows, segregation of duties, and authorization requirements.
- Monitor high-value, urgent, international, and sensitive payments.
- Investigate payment exceptions, rejected transactions, returned funds, and settlement issues.
- Ensure treasury transactions are accurately recorded and reconciled with accounting records.
- Perform regular bank reconciliations and investigate unreconciled or unusual items.
- Coordinate with Accounting on month-end and year-end treasury close activities.
- Review treasury journals, interest income, bank charges, FX gains and losses, and other treasury-related accounting entries.
- Monitor foreign-exchange exposures arising from operational transactions, intercompany balances, investments, and funding activities.
- Analyze currency movements and assess potential financial impacts.
- Support development and implementation of foreign-exchange risk-management strategies.
- Execute approved FX transactions, conversions, and hedging activities in accordance with treasury policies.
- Maintain documentation for FX transactions, hedging arrangements, and treasury approvals.
- Monitor interest-rate exposure and assess the impact of market movements on funding costs and liquidity.
- Support interest-rate risk-management activities and treasury hedging programs where applicable.
- Monitor debt facilities, loan balances, repayment schedules, interest payments, and covenant requirements.
- Maintain detailed records of borrowing arrangements, credit facilities, guarantees, and other financing instruments.
- Coordinate drawdowns, repayments, refinancing activities, and facility renewals with banks and lenders.
- Monitor compliance with financing covenants, facility conditions, and reporting requirements.
- Support funding strategies and evaluate financing alternatives based on liquidity, cost, flexibility, and risk.
- Prepare analysis for short-term and long-term funding requirements.
- Monitor investment of surplus cash in accordance with approved treasury and investment policies.
- Evaluate short-term investment opportunities based on liquidity, risk, return, and counterparty considerations.
- Maintain records of deposits, money-market instruments, investment maturities, and treasury transactions.
- Monitor counterparty exposures and ensure appropriate limits are maintained.
- Support treasury risk assessments covering liquidity, FX, interest rates, counterparty, banking, and operational risks.
- Maintain and update treasury policies, procedures, controls, and operating guidelines.
- Ensure treasury activities comply with internal policies, financial regulations, banking requirements, and applicable reporting standards.
- Maintain appropriate segregation of duties and authorization controls across treasury activities.
- Support internal and external audits by preparing treasury schedules, confirmations, reconciliations, and supporting documentation.
- Coordinate bank confirmations and respond to audit queries relating to cash, debt, investments, and treasury transactions.
- Maintain accurate treasury documentation, transaction records, approvals, contracts, and supporting evidence.
- Develop treasury dashboards and management reports covering liquidity, cash positions, debt, FX exposure, banking costs, and key risks.
- Provide management with recommendations regarding liquidity optimization, funding, cash concentration, and treasury risk.
- Support treasury transformation initiatives, including automation, bank connectivity, payment technology, and treasury-management-system enhancements.
- Identify opportunities to improve cash forecasting accuracy, payment efficiency, reporting, controls, and treasury processes.
- Mentor junior treasury professionals and provide technical guidance on treasury operations and financial-risk management.
Key Performance Indicators
- * Cash-flow forecast accuracy
- Daily cash-position reporting accuracy
- Liquidity coverage
- Minimum cash balance compliance
- Cash visibility across entities and accounts
- Cash concentration efficiency
- Cash utilization efficiency
- Working-capital cash conversion
- Bank reconciliation completion
- Unreconciled cash-item aging
- Payment processing accuracy
- Payment settlement timeliness
- Payment exception rate
- Returned-payment rate
- Treasury transaction accuracy
- Bank-account data accuracy
- Banking-service performance
- Banking fee reduction
- Foreign-exchange exposure management
- FX transaction accuracy
- FX hedging effectiveness
- Interest-rate exposure management
- Debt maturity management
- Debt covenant compliance
- Financing-cost optimization
- Funding availability
- Credit-facility utilization
- Funding requirement forecast accuracy
- Surplus-cash investment performance
- Investment maturity management
- Counterparty exposure compliance
- Counterparty-limit compliance
- Treasury policy compliance
- Treasury control effectiveness
- Treasury audit findings
- Audit issue resolution
- Treasury reporting timeliness
- Treasury data accuracy
- Cash-flow variance analysis
- Liquidity-risk identification
- Treasury operational-risk incidents
- Banking transaction cost efficiency
- Treasury process automation
- Treasury reporting efficiency
- Treasury stakeholder satisfaction
- Cash-management improvement initiatives
- Treasury savings achieved
Ideal CandidateThe successful candidate should have strong experience in treasury management, cash management, corporate finance, banking operations, liquidity management, financial risk management, or corporate treasury, preferably within a multinational, commercial, financial, industrial, or complex multi-entity organization.
The candidate should demonstrate:
- Strong knowledge of corporate treasury principles and cash-management practices.
- Proven experience managing daily cash positions and liquidity requirements.
- Strong cash-flow forecasting and liquidity-analysis capabilities.
- Experience managing multiple bank accounts, entities, currencies, and banking relationships.
- Strong understanding of payment processes, banking operations, and settlement procedures.
- Experience with foreign-exchange transactions and currency-risk management.
- Understanding of interest-rate risk and treasury-related financial instruments.
- Experience managing debt facilities, credit lines, repayments, and financing arrangements.
- Strong understanding of treasury controls, authorization frameworks, and segregation of duties.
- Experience performing or reviewing bank reconciliations and treasury-related accounting activities.
- Strong analytical and financial-modeling capabilities.
- Ability to analyze cash-flow trends, liquidity risks, funding requirements, and financial exposures.
