Treasury Assistant
Job Reference: 31750-Treasury Assistant
Company: RecruitArab - recruiter
Industry: Retail
Job Title: Treasury Assistant
Location: Dubai, UAE
Job Type: Full-time
Job Description:
We are seeking a motivated and detail-oriented Treasury Assistant to join our dynamic team in the retail sector based in Dubai. The ideal candidate will play a crucial role in supporting the treasury operations, ensuring the effective management of cash flow, liquidity, and financial transactions. This position offers an excellent opportunity for professional growth within a fast-paced retail environment.
Key Responsibilities:
- Assist in daily cash management activities, including monitoring bank balances and cash flow forecasts to ensure sufficient liquidity for business operations.
- Support the preparation and analysis of cash flow reports, identifying trends and variances to aid decision-making.
- Process payments, including vendor payments, payroll, and other disbursements, while ensuring compliance with internal policies and financial regulations.
- Assist in the reconciliation of bank accounts and treasury-related transactions, investigating discrepancies and ensuring accuracy in financial records.
- Maintain and update treasury documentation, including policies, procedures, and transaction records.
- Collaborate with finance and accounting teams to ensure accurate financial reporting and support month-end closing activities.
- Prepare and present reports on cash management and treasury performance to senior management as required.
- Liaise with banks and financial institutions to facilitate banking transactions and resolve any issues related to accounts.
- Assist in managing foreign exchange transactions and hedging activities to mitigate currency risk.
- Support the treasury team in various ad-hoc projects and initiatives aimed at improving efficiency and effectiveness of treasury operations.
Qualifications:
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
- 2 to 5 years of relevant experience in treasury, finance, or accounting, preferably within the retail sector.
- Strong analytical and problem-solving skills with a keen attention to detail.
- Proficient in Microsoft Office applications, particularly Excel; experience with treasury management systems is a plus.
- Excellent communication and interpersonal skills, with the ability to work collaboratively in a team-oriented environment.
- Knowledge of financial regulations and compliance requirements in the UAE.
- Ability to manage multiple tasks and prioritize effectively in a fast-paced environment.
Benefits:
- Competitive salary and performance-based incentives.
- Opportunities for professional development and career advancement.
- Health insurance and other employee benefits.
- A dynamic and inclusive workplace culture.
Closing Date: 2024-09-04
Application Process:
Interested candidates are invited to submit their resumes and cover letters to apply@emiratesrecruiter.com. Please include "Treasury Assistant Application" in the subject line of your email.
We thank all applicants for their interest; however, only those selected for an interview will be contacted.
Please inculde this job reference [31750-Treasury Assistant] in the email when you send your application.