Treasury Manager Jumbo Group Dubai

As a Treasury Manager & Internal Control manager at Jumbo Group in Khalid Bin Al Waleed Road Near Maktoum Bridge, Karama, Dubai, UAE, candidate will play a crucial role in overseeing the organization’s financial assets, liquidity & internal controls. Candidate will be responsible for managing cash flow, optimizing financial processes, mitigating risks & ensuring compliance with financial regulations. This role requires strong financial acumen, leadership skills & the ability to collaborate with cross-functional teams. Job holder also needs to plays a critical role in ensuring the effectiveness of the organization’s internal controls, risk management & compliance processes. This role involves designing, implementing & monitoring internal control systems to safeguard company assets, prevent fraud & ensure adherence to regulatory requirements. Candidate will collaborate with various departments to assess, improve & report on the organization’s internal control environment. This is a Senior level full time job. And salary can range between 20000-40000 AED/month.

Responsibilities of Treasury Manager

• Cash Flow Management: Develop and execute cash management strategies to optimize liquidity.
• Monitor daily cash balances, forecast cash flow needs & make investment decisions.
• Ensure efficient fund utilization to meet the company’s operational and financial obligations.
• Financial Planning: Collaborate with finance and accounting teams to create accurate financial forecasts and budgets.
• Provide financial analysis and insights to support strategic decision-making.
• Compliance: Ensure compliance with financial regulations, accounting standards & internal policies.
• Prepare for and participate in internal and external audits, addressing audit findings promptly.
• Banking Relationships: Manage relationships with banks and financial institutions.
• Negotiate favorable terms and services, such as credit facilities and payment processing.
• Team Leadership: Lead and mentor a team of treasury professionals, providing guidance and training.
• Foster a culture of compliance, accountability & continuous improvement within the team.
• Internal Control Development: Develop and implement comprehensive internal control policies, procedures & frameworks.
• Assess risks across different business areas and design controls to mitigate those risks effectively.
• Risk Mitigation: Identify financial risks and develop strategies to mitigate them.
• Implement robust internal controls to safeguard company assets and prevent fraud.
• Stay updated on industry trends and regulatory changes to proactively address potential risks.
• Internal Audits: Coordinate with Internal Audits.
• Lead or participate in investigations related to internal control breaches, fraud, or irregularities.
• Implement corrective actions to prevent reoccurrence.
• Process Improvement: Continuously review and enhance internal control processes to increase efficiency and effectiveness.
• Identify opportunities for automation and streamlining of control activities.

Requirements for Role of Treasury Manager

• CA / ACCA Degree.
• 10+ years of experience in similar roles.

Skills And Knowledge Desired

• Strong knowledge of financial regulations and compliance requirements.
• Excellent analytical, problem-solving, and communication skills.
• Leadership abilities with a proven track record of managing teams.

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