Senior Treasury Specialist

Role Overview

Senior Treasury Specialist at Matar Al Baqmi Holding Company, responsible for managing the company's cash flow, ensuring liquidity, optimizing investments, and mitigating financial risks through daily cash management, forecasting, banking relations, and compliance with financial regulations.

Role Purpose

Manage the company's cash flow and financial position by monitoring liquidity, forecasting cash requirements, optimizing investments, managing debt, and ensuring compliance with all treasury-related policies and regulations.

Key Responsibilities

Cash Management & Forecasting

• Monitor and manage daily cash positions to ensure sufficient funds are available to meet ongoing operational and capital investment requirements.
• Prepare cash rolling forecasts and budgets.
• Monitor actual financial performance against budgeted cash flows and analyze financial data to inform strategic decisions.

Banking & Financial Institutions

• Manage relationships with banks and other financial institutions.
• Conduct random validation of finance charges debited by banks to ensure correctness of charges in line with signed agreements.

Investment Management

• Develop and implement investment strategies to optimize returns on surplus funds.
• Monitor and manage investment portfolios.

Risk Management

• Identify, evaluate, and mitigate financial risks, including currency and interest rate risks.

Debt Management

• Manage existing debt and arrange new debt when necessary.
• Maintain proper tracking tools for loan and interest repayments.
• Ensure timely payment of interest and principal on loans and other borrowings.

Finance Charges & Reporting

• Calculate and record finance charges, ensuring monthly accrual for unbilled finance charges.
• Ensure compliance with internal policies and external regulations related to treasury activities.
• Prepare and present financial reports to senior management and stakeholders.

Systems & Process Improvement

• Implement and maintain treasury management systems.
• Continuously improve processes and procedures to enhance efficiency and accuracy.

Cross-Functional Collaboration

• Collaborate with accounting, finance, and operations departments to ensure cohesive financial management.
• Provide support and guidance on treasury-related matters to other departments.

Qualifications & Experience

• Bachelor's degree in Finance, Accounting, or Banking.
• Master's degree or professional certification (such as ACCA or CFA) is a plus.
• Minimum of 5 or more years of experience in treasury, finance, or related fields.

Skills & Competencies

• Strong understanding of financial markets, instruments, and banking.
• Proficiency in treasury management systems and financial software.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong attention to detail and organizational skills.
• Ability to work independently and as part of a team.
• Effective communication and interpersonal skills.