Treasury Accountant - Head Office

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

1. 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.

• Must have a Bachelor’s degree in Accounting or Finance.

• Minimum 1 - 2 years of UAE experience in a similar role, ideally within the hospitality industry

• Previous experience in treasury, banking operations or a similar finance role.

• Good understanding of banking procedures, payment processes and treasury operations.

• Experience dealing directly with banks and banking relationship managers is essential.

• Established banking contacts and the ability to maintain effective banking relationships.

• Knowledge of bank account administration, KYC documentation, domestic and international transfers.

• Strong attention to detail, organizational skills and ability to manage multiple priorities.

• Good communication and coordination skills.

Who are we?

Established in 2011, Fundamental Hospitality is a UAE born company that unifies the regions leading lifestyle concepts. As an international ecosystem of hospitality brands, the group develops elevated, home-grown concepts that showcase the quality and innovation of the region, whilst exporting them to key cosmopolitan cities around the world. Fundamental Hospitality delivers lifestyle brands reimagined, where a creative approach to concept development leads to a dynamic experience in each and every venue. The group has played a fundamental role in the expansion of brands from the UAE to the world, where we understand the essential elements needed to execute experience driven lifestyle concepts on an international scale. The collection of brands within the portfolio include globally acclaimed concepts Gaia, Shanghai Me, Alaya, La Maison Ani, Piatti and Izu Burger, as well as international franchises, Scalini Dubai, Scalini Riyadh, Cipriani Dubai, and Cipriani Dolci UAE. Fundamental Hospitality owns and operates venues across the Middle East and Europe, with ongoing expansion of the group’s concepts into the GCC, Europe, UK, and USA. Dubai will further see the launch of new home grown concepts as Fundamental Hospitality continues to cement itself as the leading innovator in the hospitality industry.

Website: http://www.fundamentalhospitality.com