Assistant Treasurer
Parker Connect
- Dubai
- DH 9,000 per month
- Permanent
- Full-time
1.Responsible for repatriation of funds promptly to group treasury
2.Ensuring minimum cash balance locally and at every month's end with explanations of any cash balance in the accounts.
3.Petty cash / corporate cards/E-dirhams cars handling and reconciliation.
4.Daily integration of bank statements, correction of codification, and resolving any issues identified daily
5.Saving and circulation of daily bank statements with the accounting team and communication of receipts to the teams required internally.
6.Preparation of payments to suppliers/ sending CFEs and payments in sign now
7.Preparation of monthly cash flow forecast and assist senior treasurer to gather information for quarterly cash flow forecast.
8.Reconciliation of actual cash balances v/s the forecast to understand variances and improvements required in the cash flow forecast.
9.Preparation of any other country-wise adhoc forecasts when required.
10.Assisting senior treasurer with the preparation of quarterly HFM reports required by consolidation.
11.Updating interest rates such as Bank SOFR, JIBAR etc. for reporting and interest calculation purpose
12.Reconciliation of treasury current account balances and the relevant interest thereon with group treasury.
13.Assisting senior treasurer for preparation of treasury dashboard report
14.Preparation of treasury KPIs report
15.Supporting senior treasurer in collection of data such as open LCs, SBLCs for preparation of trade finance report
16.Daily monitoring of SBLC and credit limits consumption
17.Act as a back of senior treasurer in case of his absence
18.Supporting the other departments in any trade finance related query, follow up with banks.
19.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.
20.Preparation of related parts for cash management and trade finance for monthly treasury meetings.
21.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
1.Good interpersonal and communication skills.
2.Good understanding of business functional matters.
3.Ability to explain technical subjects simply and clearly.
4.Ability to integrate constraints and challenges regarding needs and developments
5.Strong knowledge of cash management, trade finance, and other treasury verticals
6.Bachelor's degree in finance and related field
7.Thorough knowledge of ERP related to treasury.
1.Strong knowledge of Microsoft products such as MS Excel, PowerPoints, PowerBI
2.Proven experience 2- 3 years of experience related to treasuryMin Experience:2 YearsSalary :AED 9000Temp/Perm::PermanentLocation :DubaiPosted Date:April 2, 2024