Manager – Treasury and Budgeting

About the role

A client in Dubai is looking for a Manager – Treasury and Budgeting to lead its global cash management, liquidity planning, banking relationships and treasury systems. The role covers cash forecasting, budgeting, debt management and treasury accounting, with an on-site position in Dubai.

Key responsibilities

• Global cash management: ensure cash is available in the right legal entity, currency and bank account without delay, and run daily cash positioning and investment analysis to optimise after-tax net interest income.
• Forecast free cash flow monthly on a rolling 12-month basis, perform variance analysis against last year, and forecast non-operating expenses such as FX, interest and bank fees.
• Execute payments, FX trades and debt service efficiently, with zero fraud or error; structure tax-efficient inter-company loans and manage all leases and debt contracts.
• Financial risk management: hedge FX, interest and counterparty risks naturally and synthetically, assess insurable risk exposure and negotiate insurance coverage, and minimise transaction costs.
• Budgeting: drive annual budgets, quarterly forecasts and monthly budget versus actual reporting, build financial models for investment decisions and pricing, and support SAP digital transformation and data integration.
• Treasury accounting: update treasury transactions in SAP, ensure compliance with internal controls and audit requirements, and create treasury policies and procedures.
• Debt management: lead debt contract reviews and bank negotiations, map bank relationships, manage the lease database and contingent liabilities, and analyse buy versus lease using NPV.

Required profile

• 7 to 12 years of treasury and budgeting experience in a leadership capacity.
• Experience leading global cash management, liquidity planning, banking relationships and treasury systems.
• Preferred: Master's degree in accounting, finance or a related field, familiarity with ERP systems (SAP), and 10 years of corporate finance experience.