DAMAC Properties

Junior Accountant-Treasury

DAMAC Properties  •  United Arab Emirates (Onsite)  •  1 month ago
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Job Description

  • Manage end-to-end back-office treasury operations, ensuring accuracy, compliance, and proper documentation across all activities.
  • Oversee the bank account lifecycle, including account opening, maintenance, and coordination with banking partners.
  • Handle KYC and AML requirements for banks and investment entities, ensuring timely updates and regulatory compliance.
  • Maintain and reconcile bank statements, cash positions, and investment account balances on a regular basis.
  • Record and validate treasury-related accounting entries, ensuring alignment with internal books and bank records.
  • Utilize Kyriba (or similar TMS) for cash positioning, transaction monitoring, and treasury reporting.
  • Perform daily cash flow monitoring and forecasting to support liquidity management and funding decisions.
  • Support intercompany funding activities, including tracking loans, settlements, and related documentation.
  • Manage investment-related treasury processes, including capital call tracking, document retrieval (investor reports, K-1s), and preparation of internal approval memos.
DAMAC Properties

About DAMAC Properties

Since 2002, DAMAC Properties and DAMAC International have been synonymous with redefining luxury living. Our portfolio comprises over 75 towers, with over 20 in various planning and development stages. We have delivered over 48,000 homes, with more than 50,000 planned across 15 global cities, including Dubai, Riyadh, Toronto, London, and Miami.

Our projects include master communities- DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons as well as three more in the pipeline including DAMAC Suncity, DAMAC Riverside and DAMAC Islands; residential projects such as Cavalli Tower, and Safa One; and hospitality developments featuring globally renowned brands such as Radisson, Paramount, Rotana, and DAMAC Maison — along with an exclusive island resort in the Maldives, soon to be operated by Mandarin Oriental. These are reinforced by 100+ global awards and partnerships with brands like Versace and Roberto Cavalli.

Our global influence extends from the Middle East to Europe, Asia, and North America. Founded by Hussain Sajwani, our family-owned ethos champions D&I with over 100 nationalities. With close to 50% female representation and a strong Emiratisation drive, we foster innovation and creativity. We enable aspirations and cultivate a learning environment that encourages growth for our employees.

Industry
Real Estate & Property
Company Size
5,001-10,000 employees
Headquarters
Dubai, AE
Year Founded
2002
Website
damacproperties.com
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