About the Role
We are looking for a Treasury Manager to join our Finance team, based in Dubai, United Arab Emirates. The Treasury Manager will ensure that the treasury function executes efficient cash management, optimizes regional liquidity, and mitigates foreign exchange risks. Acting as the primary point of contact for regional banking partners, the Treasury Manager will drive the implementation of treasury technology across diverse jurisdictions. This senior management position involves assisting in strategic direction and contributing to business-wide strategy. The incumbent will provide guidance to QSC/Areas teams in handling complex issues, resolve escalated complaints or disputes, and possess comprehensive knowledge in cash management principles, practices, and procedures. Additionally, the Treasury Manager may supervise the work of other managers or supervisors and manage complex bank relationships.
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Key Responsibilities
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Cash and Liquidity Management
- Execute cash positioning, forecasting, and concentration across regional entities and bank accounts.
- Optimize regional liquidity through pooling, netting, intercompany funding, and working capital initiatives.
- Plan and execute cash repatriation to HQ in line with group policy, local regulations, tax, and exchange control constraints.
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FX and Financial Risk
- Identify, measure, and mitigate FX exposure in multiple currencies.
- Monitor country, counterparty, and convertibility risks in the region and report on them to the Director.
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Banking Relationships
- Act as the primary point of contact for regional banking partners, owning the relationship strategy and performance.
- Manage complex bank relationships, guarantees, and service levels.
- Rationalize the bank and account structure, and oversee KYC, mandates, and signatory governance.
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Treasury Technology and Process
- Drive implementation of treasury technology (TMS, bank connectivity, SWIFT/host-to-host, cash visibility, and payment tools) across jurisdictions.
- Standardize and automate treasury processes, controls, and reporting to improve efficiency and reduce operational risk.
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Support to QSC and Area Teams
- Guide QSC and Area teams on difficult or complex treasury, collections, and payment issues.
- Resolve escalated complaints and disputes with internal and external customers, including banks, agents, and counterparties.
- Utilize specialized knowledge of cash management and broad cross-functional understanding to build consensus on complex issues.
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Strategy, Governance, and Leadership
- Support the Director in setting treasury strategy and contribute to business-wide financial strategy.
- Ensure compliance with group treasury policy, internal controls, audit requirements, and local regulations.
- Supervise and develop other Managers and/or Supervisors as needed, coaching the team and building regional treasury capability.
Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, or a related field; a Master’s or MBA is preferred.
- 10+ years of progressive treasury and cash management experience, including 3+ years in a senior or people-management role.
- Deep knowledge of cash management principles, practices, and procedures, including liquidity management, cash forecasting, FX risk, and bank relationship management.
- Advanced financial modeling skills in Excel, proficiency in ERP systems, and experience with treasury management platforms.
- Experience managing multiple bank relationships and negotiating with regional and global banks.
- Hands-on experience implementing or optimizing treasury systems across multiple countries.
- Excellent communication skills, both spoken and written in English.
