Treasury Manager UNIKAI Foods P.J.S.C

Posted 21 min ago

Experience

3 - 4 Years

Job Location

Dubai(Al Quoz) - United Arab Emirates (UAE)

Education

Master of Commerce(Commerce), Chartered Accountant(Chartered Accountant)

Nationality

Any Nationality

Gender

Any

Benefits

Annual Air Ticket, Annual Leaves As Per Labour Law, Medical Insurance, Life Insurance, Perks & Benefits As Per Labour Law, Visa

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

  1. Cash Flow & Liquidity Management

  • Oversee daily cash positioning and ensure sufficient liquidity for operational and capital needs

  • Develop and maintain short-term and long-term cash flow forecasts aligned with production and sales cycles

  • Optimize working capital, particularly inventory-heavy dairy operations and receivables from distribution channels

  1. Receivables & Working Capital Management

  • Take ownership of receivables performance and ensure timely collections from distributors and key accounts

  • Implement and monitor collection targets; escalate overdue accounts and drive resolution

  • Collaborate with sales to enforce credit terms and reduce credit risk exposure

  1. Banking & Financial Institutions Management

  • Monitor and manage loan maturities, repayments, and covenant compliance

  • Develop strategies to reduce reliance on short-term borrowings

  • Optimize interest costs through effective utilization of banking facilities

  • Support CFO in funding strategy and debt restructuring if required

  1. Trade Finance & Working Capital

  • Oversee trade finance instruments (Letters of Credit, Trust Receipts, Bank Guarantees) for import of raw materials (e.g., milk powder, packaging)

  • Coordinate closely with procurement and supply chain for timely payments and shipments

  1. Treasury Operations & Controls

  • Establish and maintain strong internal controls over treasury functions

  • Ensure compliance with corporate policies and local regulations in the UAE/GCC

  • Monitor and authorize payments, ensuring proper documentation and approvals

  • Oversee bank reconciliations and treasury transactions with support from team members

  1. Reporting & Compliance

  • Prepare treasury reports, including cash flow forecasts, variance analysis, and risk exposure reports

  • Ensure accuracy and timeliness of daily cash reporting

  • Ensure compliance with IFRS and local regulatory requirements

  • Support audits (internal and external) related to treasury activities

    1. General Insurance Management

  • Manage and oversee the full general portfolio including PAR, TPL, GLPA, FC, MOC, MBD

  • Lead annual insurance renewal processes, including policy review, market benchmarking, negotiations with insurers/brokers, and cost optimization.

  • Maintain accurate insurance records, policy schedules, asset declarations, and claims history for audit and reporting purposes.

Desired Candidate Profile


  • Bachelor’s degree in finance, Accounting, Economics, or related field

  • Professional certification preferred (e.g., CA, CFA, CPA)

  • Minimum 7–10 years of treasury experience, with at least 3–4 years in a managerial role

  • Mandatory experience in FMCG, preferably dairy or food manufacturing

  • Strong exposure to UAE/GCC banking systems and financial regulations

  • Advanced Excel and financial modeling skills

Employment Type

    Full Time

Company Industry

Department / Functional Area

Keywords

  • Treasury Operations
  • Cash Flow & Liquidity Management
  • Banking & Financial Institutions Management

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UNIKAI Foods P.J.S.C

Unikai Foods PJSC is among the largest and most diversified FMCG companies in the Middle East and North Africa (MENA). We produce a wide range of dairy, ice cream, juice, and food products, reaching it to homes within the UAE as well as abroad. And everywhere it goes, Unikai stands for the same: Excellence and value.

Mary Rose Oracion - HR Generalist

UNIKAI FOODS PJSC, building no. 198, Al Maydan street, Al Quoz 1, Dubai, UAE, PO BOX: 6424, Dubai, United Arab Emirates (UAE)

https://www.unikai.com