Requirements
Bachelor's degree in Finance, Accounting, or a related discipline, with an MBA or equivalent preferred. Professional certification like ACT, CTP, CA, CPA is preferred. Requires 8-10 years of experience in treasury, cash management, or corporate finance operations. Proven ability in daily treasury operations, cash flow forecasting, liquidity reporting, and bank relationship management. Proficiency in ERP/business systems and Power BI is essential, along with strong coordination and communication skills.
Description
We are looking to hire a Specialist – Cash Management who will be responsible for day-to-day treasury operations, including cash processing, reconciliations, and liquidity reporting for our client -a leading semi government oragnization based in Abu Dhabi. This position is on a contract basis with a duration of 12 months – renewable.We are looking for a professional who can manage daily fund transfers, intercompany settlements, and EFT processing, while maintaining accurate banking records for audit readiness. The candidate should also possess knowledge of dashboard and reporting automation using ERP and Power BI, escalation and resolution of transactional or liquidity risks, and coordinating with cross-functional teams and external banking partners.Key responsibilities:Prepare and update cash flow forecasts in coordination with subsidiaries to ensure accurate visibility of funding needs and timely liquidity planning.Track cash inflows, outflows, and variances in collaboration with Finance Control and FPB&F teams to strengthen forecasting accuracy.Support the consolidation of the organization's liquidity reports to maintain centralized oversight of cash positions.Process daily payments, collections, intercompany transfers, and settlements, ensuring timely, accurate, and compliant fund movements.Execute electronic fund transfers (EFTs), bank instructions, and clearing operations in coordination with internal departments and external banks.Coordinate with Procurement, HR, Finance Control, and Operations teams, as well as external banking partners, to resolve transactional issues.Maintain accurate and up-to-date banking and transaction records to support transparency, traceability, and audit readiness.Assist in liquidity allocation and fund transfers between entities to optimize cash utilization and minimize idle balances.Support relationship management with external stakeholders, including banks, auditors, and financial institutions.Perform daily and monthly bank reconciliations to ensure alignment between bank statements and the general ledger.Investigate and resolve reconciliation discrepancies, escalating complex or high-impact issues as needed.Adhere to treasury policies, internal controls, and approval hierarchies during all financial transactions.Maintain documentation, transaction records, and audit trails to support internal and external audit reviews.Identify potential operational or financial risks, such as delayed transfers, unmatched transactions, or liquidity constraints, and report them for timely mitigation.Prepare and circulate daily and weekly cash position reports to provide accurate visibility of cash balances and liquidity trends.Track and report banking fees, interest income, and funding costs to identify cost-saving opportunities.Maintain and update dashboards and performance reports using ERP and Power BI tools to improve automation and accuracy.Support system enhancements, configurations, and user acceptance testing (UAT), and contribute to digital treasury initiatives such as robotic process automation (RPA).Knowledge, skills & experience:Bachelor's degree in Finance, Accounting, or a related discipline. MBA or equivalent preferred.Professional certification preferred, such as ACT, CTP, CA, CPA, or equivalent international financial credentials.8-10 years experience in treasury, cash management, or corporate finance operations, in either a public or private sector organization.Hands-on experience executing daily treasury operations, including payments, collections, intercompany transfers, and reconciliations.Proven ability to prepare and monitor cash flow forecasts and liquidity reports, coordinating with subsidiaries and Finance Control.Experience managing bank relationships and maintaining financial records, including bank instructions, account reconciliations, and documentation.Proficiency in operating ERP/business systems modules, supporting automation initiatives and enhancing treasury reporting accuracy through tools such as Power BI.Strong coordination and communication skills with internal teams and external stakeholders, including Finance, HR, IT, banks, and auditors.Availability: Preference will be given to candidates available immediately or a maximum notice period of 30 days.