Manager - Treasury
Detalhes do emprego
Purpose of the RoleThe Treasury Manager is tasked with overseeing EIA's liquidity, financial risks, and treasury operations. This position is pivotal in ensuring alignment with EIA's strategic objectives through effective cash flow management, risk mitigation, and compliance with both international and UAE financial regulations. The Treasury Manager is instrumental in cultivating banking relationships, advancing technology adoption, and ensuring policy compliance to enhance financial performance while supporting the organization's dual mandate of maximizing financial returns and advancing economic priorities.The Finance, Treasury & Investment Operations Department is an essential element of EIA's organizational structure, responsible for managing liquidity, risk, and financial operations. This department assumes a strategic role in aligning treasury activities with EIA's dual mandate of maximizing financial returns and supporting the economic objectives of the UAE. By utilizing sophisticated financial systems, streamlining processes, and adhering to both global and UAE regulations, the department ensures strong governance and operational efficiency.Strategic ResponsibilitiesLiquidity and Cash Flow ManagementEnsure that EIA's operational and investment requirements are fulfilled through effective liquidity planning and cash flow forecastingDevelop and uphold sophisticated forecasting models to project daily, weekly, and monthly cash needsEstablish cash management frameworks that adhere to global best practices, which include variance analyses between projected and actual cash flowsProvide senior management with actionable recommendations regarding excess cash investments and liquidity reservesMarket Analysis and Risk MitigationProtect EIA from financial risks by ensuring thorough management of counterparty, currency, and interest rate exposuresExamine global financial markets to identify trends, risks, and potential opportunitiesFormulate and implement strategies for managing counterparty risk, including ongoing surveillance and regular reportingDeploy risk mitigation tools such as hedging strategies for foreign exchange, derivatives, and interest rate exposuresAdminister the debt portfolio, ensuring efficient structuring, cost management, and alignment with long-term financial objectivesPolicy Development and ComplianceDevelop and implement treasury policies that are in accordance with global regulations and organizational objectivesDraft comprehensive treasury policies encompassing cash management, risk mitigation, and complianceConduct periodic policy reviews to integrate updates in regulatory requirements (UAE Central Bank and international standards)Guarantee that all financial reporting adheres to IFRS, GAAP, and international standardsCore ResponsibilitiesExecution of Treasury TransactionsEnsure optimal execution pricing and compliance for all treasury-related transactionsExecute foreign exchange, derivatives, deposits, forwards, and purchases of financial instruments, in line with EIA's internal policies and market benchmarksNegotiate pricing and terms with counterparties to achieve competitive ratesMonitor and report performance metrics for transaction execution, including achieved cost savingsTechnology Integration and Financial ModelingUtilize advanced systems and tools to enhance the efficiency of treasury operations and support data-driven decision-makingSupervise the implementation and optimization of Treasury Management Systems (TMS) and ERP toolsDevise and maintain financial models to aid decision-making regarding liquidity, risk, and capital allocationPerform sensitivity analyses to evaluate the effects of market fluctuations on treasury operationsAutomate treasury workflows to minimize manual intervention and improve process efficiencyReporting and AnalyticsProvide high-quality, data-driven insights to facilitate treasury decision-makingCompile comprehensive reports on cash flow trends, liquidity conditions, and financial risksConduct variance analyses and generate dashboards for review by senior management and board membersCollaborate with internal audit and risk management teams to ensure that reporting aligns with the organization's objectivesPeople Management ResponsibilitiesRelationship ManagementEnhance relationships with banks, investors, and stakeholders to optimize financial terms and servicesMaintain proactive relationships with financial institutions to negotiate credit facilities, banking fees, and additional servicesAct as the primary point of contact for external stakeholders, including auditors and regulatorsBenchmark service terms against peer precedents to guarantee competitive offeringsTeam Leadership and DevelopmentGuide and mentor a team of treasury professionals, ensuring their alignment with organizational objectivesPromote cross-functional collaboration with investment teams, internal audit, and risk management unitsConduct compliance training programs to enhance the awareness of regulatory requirements within the treasury teamKey Role InterfacesInternalHead of TreasuryChief Financial OfficerInvestment TeamsInternal AuditRisk Management TeamExternalBanking PartnersRegulatory BodiesExternal AuditorsStrategic PartnersRequirementsEducationBachelor's degree in Finance, Accounting, Economics, or a related fieldMBA, CAIA, CPT and CFA are advantageous.Prior Experience5 to 10 years of treasury or corporate finance experience, preferably within a sovereign wealth fund, asset management, or multinational organizationMinimum of 2 years in a leadership roleTechnical Expertise, Skills Or KnowledgeExpertise in cash flow forecasting, banking relationships, and financial risk managementProficiency in Treasury Management Systems (e.g., Kyriba, SAP Treasury) and ERP platformsAdvanced analytical and problem-solving skills with the ability to interpret complex financial dataFamiliarity with UAE financial regulations, IFRS, and global best practicesCertifications such as CFA, CTP, or ACT are highly desirableBenefitsThe Emirates Investment Authority (EIA) stands as the UAE's only federal sovereign wealth fund, entrusted with the dual mandate of prudently managing and investing the nation's wealth to secure long-term sustainable financial returns and contribute to the UAE's economic growth and prosperity.Established in 2007, EIA embodies a vision to drive national development by creating industry champions, diversifying economic assets, and supporting critical government initiatives. Governed by the highest standards of integrity and accountability, the EIA strategically allocates capital to maximize financial returns while ensuring alignment with the UAE's long-term priorities.Joining the EIA offers a unique opportunity to be at the forefront of shaping the UAE's economic future. Employees gain access to an enriching environment where innovation, strategic thinking, and excellence drive success. The EIA provides:Professional Growth: Comprehensive development frameworks that align individual competencies with organizational goals, fostering a culture of continuous learning and expertiseDiverse Experience: Exposure to a diversified portfolio of global and regional investments, spanning multiple sectors, allowing employees to build expertise in high-stakes financial and strategic asset managementImpactful Work: The chance to contribute to transformative national projects and initiatives, playing a pivotal role in creating economic champions that drive the UAE's growthCollaborative Culture: A performance-driven workplace that values teamwork, innovation, and a commitment to excellence
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