Treasury Accountant - Head Office

Fundamental Hospitality is looking to hire an experienced Treasury Accountant to join our team at our Head Office in DIFC, Dubai.
This is a junior-level role suited to a finance professional looking to develop their expertise in treasury operations, cash flow management, payment processing, and banking activities. The role requires strong attention to detail, a solid understanding of financial principles, and the ability to work efficiently under pressure.

Key Responsibilities:

1.Payments Processing:
-
Process all domestic and international payments, ensuring timely and accurate execution.
-
Verify payment requests against approved documentation and authorization limits.
-
Maintain accurate records of all payment transactions.
-
Verify the bank details with supplier as per the “supplier verification policy mention in the SOP”
2.Petty Cash / Company Card:
-
Company card should be funded based on the requirements of the operations.
-
Responsible for all the head office DXB petty cash management and reconciliation.
3.Cash Flow Management:
-
Prepare daily, weekly, and monthly cash flow forecasts.
-
Monitor cash balances and optimize liquidity.
-
Maintain post-dated cheques register.
-
Identify potential cash shortages or surpluses and take proactive measures.
-
Manage bank relationships and negotiate favourable terms.
4.Bank KYC and Relationship Management:
-
Maintain updated Know Your Customer (KYC) documentation for all bank accounts.
-
Coordinate with relationship managers to resolve any banking issues or inquiries.
-
Ensure compliance with regulatory requirements and internal policies.
5.Financial Reporting:
-
Prepare regular financial reports on cash positions, bank balances, and payment activities.
-
Provide timely and accurate financial information to management.
6.Risk Management:
-
Identify and assess potential financial risks, such as fraud and operational risks.
-
Implement controls to mitigate risks and protect the company's assets.
7.Confidentiality:
-
Maintain strict confidentiality of bank balances, payment information, company documents and other sensitive financial data.