Job Description

The Vice President Treasury is responsible for leading and directing the Treasury function by optimizing and executing funding processes, financial instruments, cash investments, financial risk management, corporate credit rating, cash management, dividend management, and capital structure management.

The role is accountable for:

• Leading balance sheet planning and developing organization-wide funding strategies.
• Establishing treasury policies, procedures, guidelines, and governance frameworks.
• Managing liquidity, investments, financial risks, and banking relationships.
• Supporting capital expenditure planning and funding decisions.
• Delivering treasury reporting to shareholders and the Board.
• Driving treasury systems integration and operational excellence.
• Leading and developing the Treasury team while ensuring compliance with organizational and HSE standards.

Responsibilities

Strategic & Treasury Leadership

• Contribute to organizational strategy and corporate decision-making as part of the Finance Senior Management Team.
• Lead and manage Treasury operations to achieve high performance standards.
• Drive continuous improvement and change initiatives within the Treasury function.
• Ensure compliance with organizational policies, procedures, and quality standards.

Capital Management

• Develop and maintain an optimal capital structure.
• Maintain corporate credit ratings.
• Negotiate, structure, execute, and monitor credit facilities.
• Establish funding and dividend payout guidelines aligned with organizational strategy.
• Manage derivatives, corporate guarantees, letters of support, bank guarantees, and letters of credit.
• Develop multi-year funding plans and identify optimal funding sources.
• Optimize deployment of surplus cash liquidity.
• Support investment decisions through financial and market analysis.

Cash & Liquidity Management

• Prepare and analyze cash flow forecasts.
• Ensure adequate liquidity and effective cash flow management.
• Manage bank accounts, interbank transfers, foreign exchange transactions, and banking instructions.
• Oversee cash investment portfolios and investment execution.

Financial Risk & Compliance

• Oversee FX, interest rate, and liquidity risk management.
• Review and approve treasury risk policies and exposure limits.
• Act as custodian of treasury policies and procedures.
• Oversee treasury reporting and financial presentations.
• Evaluate treasury and corporate finance performance to maximize ROI.
• Ensure compliance with banking regulations and AML requirements.

CAPEX Planning & Funding

• Evaluate capital projects and expansion plans for feasibility and funding viability.
• Review feasibility studies and recommend funding strategies.
• Support preparation of business cases for planning, budgeting, and investment decisions.

Balance Sheet Planning & Forecasting

• Lead long-range balance sheet forecasting and funding plans.
• Review divisional financial performance against strategic objectives.
• Analyze internal and external business data to support financial forecasting.

Treasury Reporting & Investor Relations

• Generate treasury reports for shareholders and the Board.
• Manage the organization’s Investment Management Policy.
• Establish cost of capital rates for investments.
• Support establishment and supervision of the Investor Relations function.

Bank Relationship Management

• Manage relationships with commercial, retail, and investment banks.
• Oversee banking services, payment solutions, and cash management activities.
• Maintain relationships with capital providers and ratings agencies.
• Lead book-building roadshows and funding engagements.

Treasury Systems Management

• Manage Treasury Management Systems and treasury operations.
• Integrate treasury operations with banking partners to improve real-time processing and automation.

People Management

• Define KPIs and manage team performance.
• Lead workforce planning and recruitment within Treasury.
• Develop employee capability through coaching and feedback.
• Promote employee engagement and team development.

HSE Responsibilities

• Support safe workplace practices in collaboration with HSE teams.
• Ensure participation in HSE training and reporting of incidents or hazards.
• Ensure timely closure of corrective actions and compliance with HSE and quality standards.
• Perform additional duties assigned by management.

Requirements and Skills

Education & Qualifications

• Bachelor’s degree in Business Administration, Finance, or equivalent.
• Master’s degree in Business Administration or Finance preferred.
• Professional certifications preferred, such as:
  • CTP
  • CFA
  • SOCPA
  • ACA
  • CPA
  • ACT
  • CIMA

Experience

• Minimum 12 years of relevant experience.
• At least 3–4 years in a similar leadership role.
• Strong treasury leadership experience in large organizations.
• Experience in capital structuring, debt/equity fundraising, and ratings agency engagement.
• Experience managing surplus cash investments and funding activities.
• Aviation industry or similar large-scale industry experience preferred.
• UAE/Middle East regional experience and regulatory knowledge preferred.

Key Skills & Competencies

• Strong quantitative and analytical skills.
• Deep understanding of treasury, finance, and accounting practices.
• Expertise in capital planning, funding, and liquidity management.
• Knowledge of financial planning, budgeting, and CAPEX monitoring.
• Strong communication and presentation skills.
• Excellent judgment and problem-solving abilities.
• Conflict resolution and stakeholder management skills.
• Understanding of banking regulations and AML compliance.
• Leadership and people management capabilities.