Treasury Accountant - Head Office

Fundamental Hospitality is looking to hire a Treasury Accountant to join our Head Office team in DIFC, Dubai.

This role is suited to a finance professional with hands-on experience in treasury operations and banking processes. The successful candidate will work closely with banks and banking relationship managers, managing day-to-day banking activities, payment processing, cash flow and account administration.

We are looking for someone with a solid understanding of banking procedures, established banking contacts and the confidence to coordinate directly with banks to ensure smooth and efficient financial operations.

Key Responsibilities

• Banking Operations & Relationship Management
• Maintain strong working relationships with banks and banking relationship managers.
• Coordinate directly with banks on day-to-day banking matters, account-related requests and operational requirements.
• Manage banking processes, including account openings, account maintenance, payment instructions and bank documentation.
• Follow up on banking queries, payment issues, transfers and transaction confirmations.
• Support the establishment and maintenance of banking facilities and services.
• Ensure all banking requirements and procedures are completed accurately and within the required timelines.

2. Payments Processing

• Process domestic and international payments, ensuring timely and accurate execution.
• Verify payment requests against approved documentation and authorisation limits.
• Maintain accurate records of all payment transactions.
• Verify supplier bank details in accordance with the company's supplier verification policy and SOP.

3. Petty Cash & Company Cards

• Coordinate company card funding based on operational requirements.
• Manage Head Office Dubai petty cash, including reconciliations and record keeping.

4. Cash Flow Management

• Prepare daily, weekly and monthly cash flow forecasts.
• Monitor cash balances and support effective liquidity management.
• Maintain the post-dated cheques register.
• Identify potential cash shortages or surpluses and highlight them proactively.

5. Bank KYC & Compliance

• Maintain updated Know Your Customer (KYC) documentation for all bank accounts.
• Coordinate with banks to ensure all compliance and documentation requirements are met.
• Ensure banking activities adhere to regulatory requirements and internal policies.

6. Financial Reporting

• Prepare regular reports on cash positions, bank balances and payment activities.
• Provide accurate and timely financial information to management.

7. Risk Management & Confidentiality

• Identify potential financial and operational risks, including payment fraud.
• Follow internal controls and procedures to safeguard company assets.
• Maintain strict confidentiality of bank balances, payment information, company documents and other sensitive financial data.