Overview

About the job

Job Description:

  • Management and overview of various day-to-day treasury tasks including, but not limited to, escrow account management, placement and renewal of new FDs, escrow releases, review of finance income and expenses, Daily / weekly / monthly/ quarterly cash flows, opening of corporate and escrow bank accounts, periodic review of bank accounts, issuance and release of bank guarantees, monitoring cash margins placed with banks, brokerage reimbursement etc.
  • Oversee cash functions, reporting & forecasting, short term investing & borrowing, wire payments, FX management etc.
  • Reviewing monthly BRS & ensuring the integrity and accuracy of fund records.
  • To ensure optimum utilization of cash.
  • Maintain good relations with bank officials for ease in attaining all bank services including credit facilities, letters of credits, etc. along with the efficient resolution of transactional issues, if any.

About Damac Properties

Join us on a dynamic journey of innovation, global presence, and commitment to diversity. Headquartered in Dubai since 1982, we have evolved from our catering and logistics origins to our purpose of reshaping possibilities and enriching lives. DAMAC has grown exponentially to an impressive portfolio, including luxury real estate developments, hospitality experiences, data centres, retail, fashion, and capital markets. Our philosophy centres on 'People First,' as we prioritise nurturing every single member of DAMAC. We actively promote fun, inclusion, growth, and wellness.