Senior Finance Specialist | Emirates Steel Industries

Experience

5 - 7 Years

Job Location

Abu Dhabi - United Arab Emirates

Education

Bachelor of Business Administration

Nationality

Emirati (UAE)

Gender

Male

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

General Summary

The Senior Finance Specialist is responsible for managing and overseeing financial activities related to treasury operations and Finance in general. This role requires a strong understanding of financial principles, treasury management, and experience in financial analysis and planning. The Senior Finance Specialist will be responsible for developing and implementing strategies to optimize cash management, mitigate financial risks, and support the overall financial objectives of the organization.

Desired Candidate Profile

Essential Duties and Responsibilities (Key Accountabilities)

Treasury Management:

Develop and execute cash management strategies to ensure optimal cash flow, liquidity, and working capital management.
Monitor cash positions, forecasts, and cash flow projections to identify potential risks or opportunities.
Manage relationships with banks, financial institutions, and other external stakeholders for treasury-related activities.
Oversee the management of bank accounts, cash balances, and intercompany funding activities.
Financial Analysis and Planning:
Perform financial analysis to support strategic decision-making, including assessing investment opportunities, evaluating financial risks, and analyzing capital structure.
Prepare and present financial reports, including cash flow statements, financial forecasts, and budgeting analysis.
Conduct variance analysis and provide recommendations for improving financial performance.
Collaborate with cross-functional teams to develop financial models and projections for new projects or initiatives.

Risk Management:

Identify and assess financial risks, including interest rate risk, foreign exchange risk, and liquidity risk.
Develop and implement risk mitigation strategies and financial hedging instruments.
Monitor compliance with treasury policies, procedures, and regulatory requirements.
Stay updated with industry trends, market conditions, and regulatory changes related to treasury management.

Relationship Management:

Collaborate with internal stakeholders, including finance, accounting, and legal teams, to ensure alignment and support for treasury operations.
Build and maintain relationships with external partners, including banks, financial institutions, and investment managers.
Negotiate and review contracts, agreements, and financial instruments related to treasury activities.

Process Improvement:

Identify opportunities for process improvement, automation, and optimization of treasury operations.
Implement best practices and streamline financial processes to enhance efficiency and accuracy.
Provide guidance and mentorship to junior finance team members.