DAMAC Properties
Since its beginning in 2002, DAMAC Properties has developed into the Center East's driving extravagance land engineer for grant winning private, business and relaxation properties like DAMAC Slopes, DAMAC Slopes 2, DAMAC Tidal ponds, Cavalli Pinnacle, AYKON City, Safa One and that's just the beginning .
Director Corporate Finance & Treasury Jobs in UAE
DAMAC Properties – UAE
- Job Location:- UAE
- Company:- DAMAC Properties
- Education:- Relevant Degree Qualifications
- Nationality:- Any Nationality
- Gender:- Male / Female
- Number of Vacant Positions:- Not Mentioned
- Salary:- Negotiable
- Job Type:- Full-Time
- Job Categories:- Accounting / Finance / Banking
About DAMAC Properties
Since its beginning in 2002, DAMAC Properties has developed into the Center East’s driving extravagance land engineer for grant winning private, business and relaxation properties like DAMAC Slopes, DAMAC Slopes 2, DAMAC Tidal ponds, Cavalli Pinnacle, AYKON City, Safa One and that’s just the beginning . DAMAC Properties has conveyed 42,000 quality homes, with 28,000 forthcoming tasks spread across 3 mainlands. From the UAE, KSA, Jordan, Qatar, Iraq, and Lebanon to the US, Joined Realm, Canada and Maldives, DAMAC Properties is known to have re-imagined extravagance living. Emphasizing this standing are the 100+ worldwide honors and selective joint efforts and associations that DAMAC has deliberately constructed which incorporate a green by Tiger Woods Configuration, oversaw by The Trump Association, and extravagance homes in relationship with Versace, Just Cavalli, Fundamental Lodgings and Resorts, Rotana Lodgings and Radisson Inn Gathering. Presently with its most recent obtaining of the Swiss Jewelery brand, de Grisogono, DAMAC is good to go to step into advanced living while at the same time conveying forward tradition of abundant and extravagant way of life is wanted by all.
Job Title – Director Corporate Finance & Treasury Jobs in UAE
Responsibilities:
Treasury Management
– Review and supervise DAMAC’s global cash management operations including, but not limited to, funding strategies, fixed deposits, banking operations (including overdraft, guarantees and LCs), cash flows across DAMAC’s businesses, foreign exchange execution, and interest optimization as per the corporate finance strategy.
– Ownership of cash transactions processes including cash payments to both external and internal parties.
– Formulating efficient payment schedules for Purchase Orders and contracts, with close collaboration with SVP/VP Finance, to obtain maximum benefits.
– To serve as the single point of contact for internal stakeholders of the business unit’s cash and bank account processes.
-Review cash-flow analysis and forecasting of the daily cash demands at DAMAC for effective funds management.
– Prepare reports and presentations, to be reviewed by the upper management, for allocating cash flows for uses including bank accounts, long and short-term loans, and investment management to ensure DAMAC’s financial sustainability.
– To be able to manage performance within Treasury management system
Relationship Management
– Maintain good relations with bank officials for ease in attaining bank services including credit facilities, letters of credits, etc. along with the efficient resolution of transactional issues, if any.
– Develop and maintain strong client relationships within the sector to support business growth.
Policies, Systems, Processes & Procedures
– Ensure effective implementation of the Treasury department policies, procedures, and controls covering all areas of the department activity so that all relevant procedural/legislative requirements, are fulfilled while delivering a quality, cost-effective service.
Financial Reporting
– Oversee the bank account reconciliation and expense verification with the general ledger on a periodic basis and ensure the resolution of open items.
– Review the Treasury department’s financial statements and required reports regarding the status of the cash and bank balances for the Month End and annual closing.
– Ensure that the appropriate internal controls and accounting standards, laws, and regulations are complied with in the cash flow process.
– Support internal, external, and regulatory auditors in their examination of accounting records related to cash and bank balances.
Educational requirements:
- Minimum Bachelor’s degree in Accounting, Finance, or related field.
- Certified qualification in CA/CPA/ACCA/CFA.
- Post–graduation/MBA in Finance or equivalent is preferred.
Experience requirements:
- Relevant Work Experience
Desired Skills:
- Good communication skills.
- Problem – solving skills.
- Decision – making ability.
- Commercial awareness.
- Ability to motivate others.
- Team working skills.
- Good knowledge of building methods and regulations.
Qualifications:
- Ability to work in a team environment with members of varying skill levels.
- Highly motivated.
- Learns quickly.
Benefits:
- Will be negotiated
Incentives:
- Will be negotiated
How to Apply for DAMAC Properties?
If interested in this position, kindly click on the apply button and apply directly on the DAMAC Properties company Website
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