Working Capital&Treasury lead controller

<div><h3>1. Position Purpose</h3><p>The Working Capital&Treasury lead is responsible for leading all working capital components including Accounts Payable, Accounts Receivable, Cash Management, Treasury operations, WIP monitoring, Payment Applications and construction-related bonding requirements. The role ensures strong financial control, optimised liquidity and efficient implementation of working capital KPIs across the business.</p><h3>2. Key Responsibilities</h3><h3>Working Capital Management</h3><ul><li>Full ownership of AP, AR and Cash operations.</li><li>Weekly and monthly cash flow forecasting and liquidity planning.</li><li>Monitoring DSO, DPO, Cash Conversion Cycle, ageing analysis and overdue balances.</li><li>Ensuring timely conversion of WIP and unbilled revenue into Payment Applications.</li></ul><h3>Treasury&Banking</h3><ul><li>Daily treasury operations: bank balances, cash positions, liquidity coverage.</li><li>Managing banking relationships and ensuring compliance with facility terms.</li><li>Preparation of short‑term and medium‑term cash flow forecasts.</li><li>Oversight of bank reconciliations and cash/bank postings.</li><li>Strong involvement in<b>construction treasury activities</b>including:<ul><li>Performance Bonds</li><li>Advance Payment Guarantees</li><li>Retention Bonds</li><li>Bid Bonds</li><li>Guarantee renewal tracking and cancellation coordination</li><li>Ensuring bonds align with contract terms, validity periods and client requirements</li></ul></li><li>Ensure full compliance with internal controls over payments and bank approvals.</li></ul><h3>Accounts Receivable (AR) / Billing / WIP</h3><ul><li>Oversee billing cycles, receipts reconciliations and customer statements.</li><li>Review and control of Payment Applications, certification status variations and retentions.</li><li>Coordination with Operations on collections, certification delays and project billing milestones.</li><li>Monitoring DSO performance and implementing improvement actions.</li><li>Managing credit risk and escalating overdue cases.</li></ul><h3>Accounts Payable (AP)</h3><ul><li>Supervise AP team for timely and accurate invoice processing.</li><li>Approve supplier invoices, reconciliations and payment batches in ERP.</li><li>Align with Procurement on payment plans, GRN clearance and supplier priorities.</li><li>Review AP accruals, prepayments and month‑end closing activities.</li></ul><h3>Intercompany&Compliance</h3><ul><li>Manage intercompany recharges, confirmations and reconciliations.</li><li>Support internal and external audits across AP, AR, Cash and Treasury.</li><li>Ensure compliance with Group financial policies, UAE VAT and IFRS working capital principles.</li></ul><h3>Team Leadership</h3><ul><li>Lead a team of 5-7 members (AP, AR, Cash).</li><li>Set and track KPIs: DSO, DPO, Cash forecast accuracy, WIP turnover.</li><li>Drive process improvement, automation and standardisation across working capital and treasury functions.</li></ul><h3>Qualifications :</h3><h3>Education</h3><ul><li>Bachelor's degree in Accounting, Finance, Business or related field.</li><li>ACCA, CPA, CMA (full or part‑qualified) preferred.</li></ul><h3>Experience</h3><ul><li>710 years of accounting experience with a strong focus on working capital and treasury in the construction industry.</li></ul><h3>Skills</h3><ul><li>Strong treasury knowledge including banking processes, bonds, guarantees and cash optimisation.</li><li>Solid understanding of construction working capital drivers (WIP, retention, certification cycles).</li><li>Excellent financial analysis skills (DSO, DPO, CCC).</li><li>High attention to detail, accuracy and control mindset.</li><li>Strong communication and stakeholder management.</li><li>Ability to lead teams and enforce deadlines and policies.</li></ul><h3>Mandatory:</h3><ul><li>Proven experience in<b>construction/contracting treasury</b>including<b>bonds and guarantees (APG PB RB BB)</b>.</li><li>Strong experience in AP, AR, billing, WIP, Payment Applications and cash flow forecasting.</li><li>Minimum 3 years in a supervisory or chief accountant‑level role.</li><li>ERP experience required; knowledge of Xpedeon is an advantage.</li><li>English – fluent.</li></ul><h3>Remote Work :</h3><p>No</p><h3>Employment Type :</h3><p>Full‑time</p></div>#J-18808-Ljbffr