Senior Cash Pooling Specialist

Job Title: Senior Cash Pooling Specialist Location: UAE (Remote) Employment Type: Full-Time Level: Senior Work Arrangement: Fully Remote About Us We are seeking an experienced Senior Cash Pooling Specialist to manage and optimize cash pooling structures, intercompany funding arrangements, and centralized liquidity management across multiple entities, currencies, and banking relationships. This role is responsible for improving cash utilization, reducing external borrowing costs, monitoring intercompany balances, and ensuring that cash pooling activities operate accurately and in accordance with treasury policies, banking agreements, tax considerations, and applicable regulatory requirements. The successful candidate will work closely with treasury, finance, accounting, tax, legal, and banking partners to maintain efficient cash concentration structures, strengthen liquidity controls, and support effective cash management across the organization. Key Responsibilities Cash Pooling Operations: Manage physical and notional cash pooling arrangements across multiple bank accounts, legal entities, currencies, and jurisdictions. Cash Concentration: Oversee automated and manual cash concentration processes, including account sweeps, target balancing, zero balancing, and liquidity transfers. Liquidity Optimization: Analyze cash positions across participating entities to identify surplus balances, funding shortfalls, and opportunities to improve group liquidity utilization. Intercompany Funding: Monitor intercompany loans, cash pool balances, interest calculations, settlements, and related accounting entries. Banking Relationship Management: Coordinate with relationship banks to maintain cash pooling structures, review service arrangements, resolve operational issues, and optimize banking services. Cash Position Monitoring: Review daily cash balances, sweep activity, overdrafts, funding requirements, and exceptions across participating accounts. Interest Calculation and Validation: Review interest allocation methodologies, debit and credit interest calculations, bank charges, and intercompany interest settlements. Cash Pool Reconciliation: Reconcile bank statements, cash pool reports, treasury system records, and general ledger balances to ensure accuracy and completeness. Multicurrency Pooling: Monitor foreign currency balances, currency conversion requirements, exchange rate impacts, and cross-border liquidity movements. Forecasting and Funding Support: Coordinate with treasury forecasting teams to incorporate expected cash flows, payment schedules, and funding needs into cash pooling decisions. Cash Pool Structure Maintenance: Maintain account mappings, participant details, bank mandates, pooling parameters, authorized signatories, and related operational documentation. Risk and Control Management: Establish and maintain controls over cash transfers, account access, transaction approvals, reconciliation, and exception escalation. Regulatory and Tax Coordination: Work with tax, legal, and compliance teams to assess relevant withholding tax, transfer pricing, intercompany financing, and cross-border cash movement considerations. Financial Reporting: Prepare cash pooling reports, intercompany balance summaries, interest allocation schedules, and treasury performance updates for management. Issue Resolution: Investigate failed sweeps, unexpected balances, delayed transfers, bank discrepancies, and other cash pooling exceptions. Process Improvement: Identify opportunities to automate cash concentration, improve treasury system integration, reduce manual reconciliations, and standardize operational procedures. Stakeholder Collaboration: Coordinate with finance, accounts payable, accounts receivable, tax, legal, banking partners, and regional treasury teams to ensure smooth operations. Technical Leadership: Provide guidance to junior treasury professionals and support consistent application of cash pooling policies and procedures. Qualifications and Experience Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related discipline. Professional qualifications such as CTP (Certified Treasury Professional), ACCA, CPA, CFA, or equivalent credentials are advantageous. Significant experience in corporate treasury, cash management, cash pooling, liquidity operations, or intercompany funding. Strong understanding of physical and notional cash pooling structures, cash concentration, zero balancing, and target balancing. Experience managing multi-entity and multicurrency cash positions across multiple banking relationships. Knowledge of intercompany loans, interest allocation, cash pool agreements, and related accounting treatment. Familiarity with cross-border treasury operations, transfer pricing considerations, tax implications, and relevant regulatory requirements. Experience reconciling bank accounts, cash pool balances, intercompany accounts, and general ledger records. Proficiency in Microsoft Excel and experience with treasury management systems, enterprise resource planning platforms, and electronic banking systems. Familiarity with automated payment systems, bank connectivity tools, SWIFT services, or treasury system integrations is an advantage. Strong analytical and problem-solving skills, with the ability to investigate discrepancies and manage time-sensitive transactions. Excellent communication and stakeholder management skills, particularly when coordinating with banks and finance teams across different jurisdictions. Strong attention to detail, sound judgment, and a commitment to maintaining robust financial controls. Ability to manage multiple banking structures, operational deadlines, and reporting requirements in a remote working environment. High standards of integrity, confidentiality, accountability, and professional conduct. Key Performance Indicators (KPIs) Performance will be assessed using measurable indicators, including: Cash Pooling Accuracy: Accuracy of cash concentration, sweep processing, intercompany balance reporting, and interest allocation. Liquidity Utilization: Effectiveness in reducing idle cash balances and improving the use of available group liquidity. Funding Cost Optimization: Contribution to reducing unnecessary overdrafts, external borrowing costs, and avoidable bank charges. Processing Timeliness: Completion of scheduled sweeps, funding transfers, and cash pooling activities within agreed timelines. Reconciliation Quality: Percentage of cash pool and intercompany reconciliations completed accurately and on schedule. Exception Resolution: Time taken to investigate and resolve failed transfers, unexplained balances, and bank discrepancies. Interest Allocation Accuracy: Accuracy and timeliness of bank interest validation and intercompany interest calculations. Control Compliance: Adherence to authorization requirements, treasury policies, cash pool agreements, and documentation standards. Reporting Quality: Accuracy and timeliness of cash pooling reports, liquidity summaries, and intercompany schedules. Operational Efficiency: Reduction in manual processing, recurring errors, and cash management exceptions. Banking Service Performance: Effectiveness in resolving service issues and maintaining reliable cash pooling arrangements. Continuous Improvement: Successful implementation of automation, process standardization, and cash management enhancements. What We Offer Competitive compensation aligned with experience and technical expertise. A fully remote working arrangement, subject to applicable employment and work authorization requirements. Opportunities to manage sophisticated treasury structures and multicurrency liquidity arrangements. Professional development in cash management, treasury operations, and liquidity optimization. A collaborative environment that values accuracy, accountability, and operational excellence. Opportunities to contribute to treasury automation, banking optimization, and