{bc}
Apply
linkedin

Treasury Manager – GCC Countries

Saint-Gobain Eastern Mediterranean and Middle East
Dubai, UAE
Full Time
Manager
Today
Cash Flow ManagementBanking OperationsTreasury ManagementFinancial AnalysisERP SystemsExcel
Free

Job Fit Check

Base Career helps you apply smarter for this job.

?%
Ready to Scan

Key skills for this role

Cash Flow ManagementBanking OperationsTreasury Management
Smart Apply

Full Job Posting

Tasks and Responsibilities

  • Collect, validate and consolidate periodical cash flow data from subsidiaries
  • Highlight (after cashflow reviews) any needs for internal or external financing
  • Monitor daily/ weekly liquidity positions and highlight shortfalls or excess cash for cash pooling
  • Review payment processes and files and ensure proper approvals according to internal controls
  • Liaise with banks for escalations on transaction processing, documentation, and issue resolution
  • Track and follow up on Letters of Guarantees and Leases issued in favor of third party.
  • Maintain updated records of bank accounts, signatories, and mandates
  • Review bank matrices and highlight required changes
  • Online Banking Administration of user entitlements and up to date matrices
  • Administration of Evolve FX portal for managing onshore FX deals
  • Semi annual bank inventory review with all subsidiaries and JVs of the GCC
  • Support on Credit facilities annual renewals

Treasury Administration

  • Maintain accurate treasury databases, reports, and dashboards
  • Liaise with legal department to maintain an updated record of all subsidiaries POAs and bank resolutions
  • Monthly review of all requested treasury reporting (TRESO, FX, FACT, Off Balance Sheet etc..)
  • Access to Quantum Transactions and reports for all GCC entities, and DDA management
  • Support the TMS deployment in the GCC entities.
  • Monitor Saint Gobain’s entities in the GCC foreign exchange exposures and streamline exchange risk by hedging the exposures in line with company policy.
  • Ensure Mark to market accounting entries are booked monthly for all DTF hedging deals and annually for FX deals booked with external banks
  • Monitor the reverse factoring transactions and ensure compliance with the approved limits by the DTF.
  • Liaise with procurement to develop and expand the sustainable supply chain finance program
  • Assist in managing the procedure and the flow of dividends distribution.
  • Ensure all treasury activities comply with Local banking regulations across GCC countries and Group treasury policies and procedures
  • Support internal/external audits by providing required treasury data

Insurance Management

  • Track and follow up local issuance and settlement of renewed global insurance programs (PDBI/ CGL/ EIL/ D&O and other applicable programs)
  • Maintain an updated record of all local policies for EMME entities
  • Support in the management of the annual insurance data collection campaigns (review of sites and declared sums insured)
  • Support in the review of the premium allocation by program and share with EMME CFOs the budgeted premiums by the DRA
  • Administration of the Webrisk portal (inhouse insurance portal)
  • Follow up on regional construction/ erection projects to initiate CAR policies
  • Support operating companies with issuing local money, marine, auto, WC/ El Workmen Compensation & Employer’s Liability if needed
  • Assist on the annual evaluation of local MARSH (Global brokers) relationship (Turkey/ Saudi/ Egypt/ UAE/ Qatar) and KYC update management for local insurers by program
  • Request Certificates of Coverage on behalf of entities from SG broker as needed
  • Assist in claim management (data collection and communication with insurers)

Qualifications

  • Bachelor’s degree in business administration or Equivalent Degree.
  • Professional qualification in accounting, e.g. CTP, CPA, CMA or CFA is a plus
  • Minimum 8 years of experience in similar and Treasury function.
  • Working knowledge of accounting principles, cash management, banking, and financial instruments and general and specific laws, rules and regulations and policies governing financial practices.
  • Good Command of English (French is a plus).
  • Experience working with TMS, ERP systems and Excel.
  • Strong attention to detail and accuracy
  • Good analytical and organizational skills
  • Ability to manage multiple tasks and meet deadlines
  • Strong communication and coordination skills
  • High level of integrity and confidentiality
  • Ability to work in a team environment and have a proactive attitude

Apply for this job in 1 click

Skip the repetitive application forms

Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.

Sarah M.James T.Maya R.

Trusted by over 500,000 job seekers on Base Career

Start Free Today