Treasury Manager

Established in 2008, Geidea epitomises customer focused empowerment and commercial success through continuous innovation. Geidea makes best in class digital payment solutions available for all by attracting and leveraging the best creative & entrepreneurial talent in the market. Our solutions give any business the chance to get ahead and reach for more no matter their size or maturity. Our technology mirrors our people - Smart, Innovative & Forward Thinking www.geidea.net To maintain competitive advantage as we grow, we are currently looking for a new Treasury Manager Job purpose: Ensures the UAE business always has the cash it needs to pay merchants on time and meet its obligations, that all bank accounts and merchant funds are safeguarded and reconciled, and that liquidity and banking relationships are well managed. Without this role merchant settlements could be delayed, cash shortfalls or idle balances could arise, and regulatory requirements for safeguarding merchant funds could be breached. Responsibilities: Cash flow forecasting and liquidity: Plays a pivotal role in preparing the cash flow forecasts of the UAE entity – weekly, monthly and annual – by aligning with Sales, Operations, Procurement, Financial Planning & Analysis and other stakeholders on expected inflows and outflows, and manages daily cash positions so there are always enough funds for merchant, card network and supplier payments. Merchant settlement funding: Oversees the daily funding and release of merchant settlement payments with Operations, making sure merchants are paid accurately and on time. Safeguarding and regulatory compliance: Ensures merchant funds are held and safeguarded in line with Central Bank of the UAE requirements and provides treasury information for regulatory reporting. Banking relationships: Manages relationships with partner and settlement banks – account opening, mandates, limits, guarantees and fees – and negotiates banking terms. Payment controls: Controls the release of all outgoing payments with dual authorisation, maintains bank signatories and system access, and prevents payment fraud. Reconciliation and reporting: Ensures daily bank and settlement reconciliations and reports cash positions, forecasts and foreign exchange exposure to Finance leadership and Group Treasury. Surplus funds, foreign exchange and team: Places surplus funds and manages currency conversions within approved policy, and leads and develops the Senior Accountant, Treasury Operations. Qualifications: Years of experience: 8–10 years in treasury or cash management, including at least 3 years in a managerial role, preferably in payments, fintech or banking (Must). Degree required: Bachelor’s degree in Finance, Accounting or Economics (Must). Functional Knowledge: Cash and liquidity management, settlement processes, bank relationship management, foreign exchange and treasury controls; advanced Excel (Must) SAP System Knowledge: Hands-on experience with SAP treasury and cash management, and with online banking platforms (Must) Language: Fluent English, both written and spoken, is essential (Must) Business Expertise: Card payment settlement cycles between card networks, banks and merchants, and Central Bank of the UAE rules on safeguarding merchant funds (Must) Our values guide how we think and act - They describe what we care about the most Customer first - It’s embedded in our design thinking and customer service approach Open - Openness allows us to constantly improve and evolve Real - No jargon and no excuses! Bold - Constantly challenging ourselves and our way of thinking Resilient – If we fail, we bounce back stronger than before Collaborative - We know that we can achieve a lot more as a team We are changing lives by constantly striving for a better solution Click apply below and become part of the Geidea story Show more Show less