Treasury Manager

Description:

•Develop and maintain strong relationship with the Group’s banks/ Financial Institutions and be their focal point for any requests/queries

•Manage all banking facilities of the Group across UAE, Saudi Arabia, Oman, Qatar and India and any other potential region.

•Prepare and manage all documentation related to bank facilities and financial instruments of the Group (Letter of Credit, Trust Receipts/LCTRs, Corporate Guarantees, Bank Guarantees, etc.)

•Prepare weekly cashflow forecast detailing the company's present financial situation and the upcoming 12 months

•Ensure sufficient funds are available to meet ongoing operational requirements at all times

•Prepare, review & monitor all incoming and outgoing banking transactions on behalf of the company

•Review & improve current company policies and practices regarding cash management procedures and documentation

•Seek new financial institutions as/when required based on funding needs of the Group

•Monitor, forecast and report all key metrics and covenants for all banking facilities of the Group

•Review, propose and negotiate improvements in the Banking Facilities, bank transactions, etc., to minimize its costs and maximize its flexibility

•Ensure compliance with international financial regulations and effectively manage currency risk for international transactions.

•Perform risk management (liquidity, interest rates, banking facilities availability, etc.) analysis and suggest preventive actions to limit any risk to the company