Treasury Manager

Responsibilities

• 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