Job Summary

Handling the day-to-day cash management activities of the company.

Assisting the treasury team in monitoring and Follow-up of trade finance activities

Assisting Senior treasurer in monthly and Quarterly Reporting

Ensuring treasury KPIs are met.

Reconciliations with group treasury

Role & Responsibilities

DAILY CASH MANAGEMENT

Responsible for repatriation of funds promptly to group treasury

Ensuring minimum cash balance locally and at every month's end with explanations of any

cash balance in the accounts.

Petty cash / corporate cards/E-dirhams cars handling and reconciliation.

Ensuring Toyota Global netting system uploads every month in a timely manner.

Daily integration of bank statements in Kyriba, correction of codification, and resolving any

issues identified daily.

Reconciliation of treasury forecast with actual in Kyriba

Saving and circulation of daily bank statements with the accounting team and

communication of receipts to the teams required internally.

Preparation of payments to suppliers/ sending CFEs and payments in sign now

REPORTING AND FOLLOW-UP

Preparation of monthly cash flow forecast and assist senior treasurer to gather information

for quarterly cash flow forecast.

Reconciliation of actual cash balances v/s the forecast to understand variances and

improvements required in the cash flow forecast.

Preparation of any other country-wise adhoc forecasts when required.

Assisting senior treasurer with the preparation of quarterly HFM reports required by

consolidation.

Updating interest rates such as Bank SOFR, JIBAR etc for reporting and interest calculation purpose

Reconciliation of treasury current account balances and the relevant interest thereon with group treasury.
Assisting senior treasurer for preparation of treasury dashboard report
Preparation of treasury KPIs report

TRADE FINANCE
Supporting senior treasurer in collection of data such as open LCs, SBLCs for preparation
of trade finance report
Daily monitoring of SBLC and credit limits consumption
Act as a back of senior treasurer in case of his absence
Supporting the other departments in any trade finance related query, follow up with banks.
Support senior treasurer in coordinating with banks for the review of LCs terms and
conditions, finding relevant banking schemes for confirmation, advising of LCs/SBLCs.
Preparation of related parts for cash management and trade finance for monthly treasury
meetings.
Follow up of bank fees related to LCs and SBLCs and ensuring the charges are as per the
agreement with the banks.

Qualifications and Education Requirements
Good interpersonal and communication skills.
Good understanding of business functional matters.
Ability to explain technical subjects simply and clearly.
Ability to integrate constraints and challenges regarding needs and developments.
Strong knowledge of cash management, trade finance, and other treasury verticals
Bachelor's degree in finance and related field
Thorough knowledge of Kyriba and ERP related to treasury.
Strong knowledge of Microsoft products such as MS Excel, PowerPoints, Power BI
Proven experience 2- 3 years of experience related to treasury.

What we can offer you:
Salary up to AED 11,000/- monthly
Full time position
Employment visa
Medical & life insurance
Overtime pay.
Annual leave
Annual ticket
Yearly bonus