Senior Treasury Manager

About the Company

Emex DWC (emexdwc.ae), based in Dubai, is the international online wholesale store for Original Equipment Manufacturers (OEM) and aftermarket automotive parts. For over 25 years, we have been committed to providing:

• the best customer service and competitive prices on our marketplace,
• comprehensive fulfillment services,
• innovative digital solutions for warehouse management.

Our platform aggregates data on over 40 million automotive products, making it a one-stop destination for buyers and sellers. Thanks to our strategic location in Dubai, we can expand our fulfillment network globally, offering access to millions of automotive parts across more than 40 countries, including the Middle and Far East, CIS, Europe, Africa, South America, the USA, and Australia. This enables us to empower sellers with new growth opportunities while providing car owners with reliable solutions to keep their vehicles on the move.

At Emex, our mission is straightforward:

• We solve car owners' problems to ensure their freedom of mobility.
• We unlock growth opportunities for sellers.
• We provide employees with meaningful challenges to create impact and plenty of creative freedom to realize their potential.

Who We Are Looking For

We require an experienced Senior Treasury Manager to join Finance team.

Your Responsibilities Will Include:

• Enhance cash operations by managing daily activities, including cash forecasting, liquidity management, and funding requirements, to ensure optimal cash availability and efficient financial operations.
• Facilitate smooth payment processing by promptly addressing bank compliance requests, establishing the company as a reliable and professional client in the eyes of financial institutions, thereby reducing unnecessary inquiries and concerns.
• Ensure compliance and best practices by implementing and maintaining treasury policies, procedures, and controls that meet regulatory requirements and enhance operational efficiency.
• Strengthen banking relationships with banks and financial institutions to ensure access to necessary services and reduce associated costs.
• Optimize cash flow and investment returns by developing and executing effective treasury strategies.
• Minimize financial risks by assessing and implementing proactive hedging strategies and risk management techniques.
• Identify market opportunities by monitoring financial markets and economic trends, enabling the organization to take informed actions that enhance treasury activities.

• Enhance the treasury function by:

  • fostering proactive communication with counterparties and internal teams such as Business Development, Product, FP&A, and Legal, to increase efficiency and build trust in the treasury operations,
  • driving automation of treasury operations and processes,
  • developing and implementing automated internal controls.

Your KPIs Will be:

Operational Efficiency and Stability

• Ensure 100% payment delivery with a minimum of 90% payment automation (straight-through processing) while ensuring sufficient liquidity and avoid payment delays or cash flow gaps.

Regulatory Compliance

• Ensure Full Compliance: Maintain 100% adherence to the internal Compliance Guide for all incoming and outgoing payments, as well as KYC data updates.

Banking Infrastructure

• Diversified Banking Relationships: Maintain fully operational accounts with at least two top-tier banks (Top 20) for each operating entity within the group.

Asset Management

• Optimize Cash Investment Returns: Achieve a target annualized return on cash investments, with at least FRS rate minus 30% allocated to readily available funds.

How to Know if You Are the Right Fit

Level, Experience and Qualificatons:

• Level - Senior.
• Proficiency in English (С1-С2).
• Ex. Banks & Payment systems, Ex. Big4, Ex. FMCG, Ex. E-commerce and Marketplaces.
• Qualification: You have a Bachelor's degree in finance and also Professional qualification such as CTP, ACCA, CPA, CIMA, or CMA (or you are partially qualified).

Hard Skills:

• Independent Execution of Approved Payments: Capable of managing and executing approved payments through banks and payment systems, including international transactions.
• Expertise in Compliance Queries: Proficient in addressing complex compliance inquiries from banks, particularly those related to the updating of KYC (Know Your Customer) information.
• Openning and maintanance of the bank accounts: Skilled in independently opening bank accounts with top 20 banks in the UAE and also in Europe and maintanan of good relationships with banks.
• Cash Flow Management: Experienced in creating cash flow calendars, managing the company’s cash flows, and optimizing liquidity gaps and developing strategies for optimizing cash flows.
• Utilization of Banking Products: Able to implement and effectively use various banking products and services.
• Currency Risk Management: Competent in managing and mitigating currency risks.
• Excess Cash Utilization Analysis and Strategies: Capable of conducting investment analysis on the effective utilization of excess cash and formulating investment strategies.
• Accounting Standards and Bookkeeping: Well-versed in accounting principles and financial reporting in accordance with IFRS and US GAAP, with the ability to independently manage accounting for cash, accounts payable, and accounts receivable.
• Internal Control Systems Development: Capable of independently designing and implementing internal control systems.
• Project Leadership: Experienced in leading full-cycle projects within cross-functional teams.

Soft Skills:

Cross-Functional Collaboration

• Able to organize and improve teamwork across different departments. Helps create a culture where teams work well together and trust each other. Makes sure everyone can see important information and data. Actively listens to the needs of colleagues from other teams and offers practical solutions.

Effective Communication

• Good at sharing ideas and requests in a clear and simple way, depending on the situation and the audience. Gives helpful feedback that builds trust and helps the team grow. Plans and leads important meetings and creates documents that everyone can understand. Handles conflicts calmly and finds solutions that work for everyone.

Independence and Initiative

• Takes responsibility for their tasks and looks for ways to solve difficult problems, even when they are not part of standard procedures. Works independently to meet set goals and plans. Suggests improvements and supports their implementation.

Leadership

• Results-oriented team leadership skills, with the ability to balance diverse interests. Willing to take on additional responsibilities and provide assistance where needed.

Why Join Us

• As a Senior Treasury Manager, you will play a pivotal role in streamlining and enhancing our financial operations. This position offers the opportunity to bring order to various internal processes, including payment approval systems, compliance controls, reporting frameworks, and communication protocols with counterparties and banks.
• We are looking for an individual who thrives on tackling complexities and is passionate about building innovative solutions. In this role, you will not only manage existing systems but also have the freedom to design and implement new strategies that enhance efficiency and effectiveness. If you enjoy creating structure in dynamic environments and are eager to make a significant impact, this is the perfect opportunity for you. Join us and help shape the future of our treasury functions!
  
  
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