Treasury Specialist | A&A Associate LLC
Company Name: A&A Associate LLC
Qualification: Masters Degree & Bachelors Degree
Location: Dubai, United Arab Emirates
Salary Range: 8,000 AED – 10,000 AED
Company Size: 500 – 1000 Employees
Other Benefits: Medical Insurance | Bonus
Employment: Full Time
About Company
A & A Associate is a UAE registered Management Consultancy firm providing cost-effective value-added solutions to meet all your business needs under one roof. We follow the highest level of professional ethics and quality in our services. We have a fast-growing team of qualified and dedicated professionals with an innovative and commercial approach to meet today’s highly challenging business environment. Our services include VAT Compliant Accounting Services, Audit Services, Financial Management Advisory, Corporate Finance, Feasibility Study, Business Plan, Business Consultancy, Company Formation, PRO Services, Liquidation Services, Tax Residency Certificates and Offshore Registration.
Job Description/Role
We are looking to hire a Treasury Specialist who is responsible for managing and optimizing the organization’s cash flow, investments, and financial risk. This role involves working closely with various departments to ensure the efficient handling of cash, financial transactions, and banking relationships. The Treasury Specialist will also support the development of treasury policies and strategies to enhance financial stability and liquidity.
Job Responsibility:
- Arrange daily bank statements and update daily bank position.
- Upload / update the daily bank statements and FOREX rates in SAP.
- Prepare the weekly/monthly cash flow statements.
- Coordinate with the Accounts Payable Accountant and Credit Controller for all payments and collections.
- Arrange for signature & approval for all payment instructions to the banks, cheques/transfers etc.
- Interact with banks for disbursements, remittances, exchange rates, bank charges, clarifications, etc.
- Keep all excel sheets updated – PDC Register, bank charges control, Intercompany invoices, Forex GL, Weekly Balances etc.
- Monitor and record new cheque book request.
- To validate and record all kinds of bank charges.
- Cash management (inflow/outflow/foreign currencies/Inter Co. Trf) in all bank accounts as per requirements.
- Monitoring the Overdraft & validating OD charges.
- Validating bank and trade charges in line as per the agreed rates.
- Responsible to buy foreign currencies (EURO, CHF….) as per requirement.
- Manage the budget, forecast and reporting processes for all treasury costs.
- Process supplier invoices.