Treasury Accountant - Head Office

Role Overview

Fundamental Hospitality is seeking an experienced Treasury Accountant to join the Head Office team in DIFC, Dubai. This is a junior-level role suited to a finance professional looking to develop expertise in treasury operations, cash flow management, payment processing, and banking activities.

Role Purpose

Execute daily treasury operations with strong attention to detail, manage cash flow and payment processing, maintain banking relationships, and ensure compliance with regulatory requirements and internal policies. The role requires efficient performance under pressure and a solid understanding of financial principles.

Key Responsibilities

Payments Processing

• Process all domestic and international payments with timely and accurate execution.
• Verify payment requests against approved documentation and authorization limits.
• Maintain accurate records of all payment transactions.
• Verify bank details with suppliers according to the supplier verification policy outlined in the Standard Operating Procedures.

Petty Cash and Company Card Management

• Fund the company card based on operational requirements.
• Manage and reconcile all head office Dubai petty cash.

Cash Flow Management

• Prepare daily, weekly, and monthly cash flow forecasts.
• Monitor cash balances and optimize liquidity.
• Maintain the post-dated cheques register.
• Identify potential cash shortages or surpluses and implement proactive measures.
• Manage bank relationships and negotiate favourable terms.

Bank KYC and Relationship Management

• Maintain updated Know Your Customer (KYC) documentation for all bank accounts.
• Coordinate with relationship managers to resolve banking issues or inquiries.
• Ensure compliance with regulatory requirements and internal policies.

Financial Reporting

• Prepare regular financial reports on cash positions, bank balances, and payment activities.
• Provide timely and accurate financial information to management.

Risk Management

• Identify and assess potential financial risks, including fraud and operational risks.
• Implement controls to mitigate risks and protect company assets.

Confidentiality

• Maintain strict confidentiality of bank balances, payment information, company documents, and other sensitive financial data.

Qualifications & Experience

• Experience as a finance professional in treasury operations or related field.