About this role
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.