Senior Treasury Specialist

Role Overview

Senior Treasury Specialist at Matar Al Baqmi Holding Company. The role manages the company's cash flow, ensures liquidity, optimizes investments, and mitigates financial risks through daily cash management, forecasting, banking relations, and compliance with financial regulations.

Role Purpose

To safeguard and optimize the organization's financial position by managing cash positions, forecasting liquidity needs, maintaining banking relationships, implementing investment strategies, and ensuring full compliance with internal policies and external financial regulations.

Key Responsibilities

Cash Management & Liquidity

• 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.
• Analyze financial data to inform strategic decisions.

Banking & Debt Management

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

Investment & Risk Management

• Develop and implement investment strategies to optimize returns on surplus funds.
• Monitor and manage investment portfolios.
• Identify, evaluate, and mitigate financial risks, including currency and interest rate risks.

Finance Operations & Reporting

• Calculate and record finance charges.
• Ensure 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.

Stakeholder Collaboration

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

Qualifications & Experience

• Bachelor's degree in Finance, Accounting, or Banking.
• Master's degree or professional certification (e.g., ACCA, CFA) is a plus.
• Minimum 5+ 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.