For a prominent group of Companies in the real estate development, construction, hospitality, and property management sectors, operates in Cyprus and various European jurisdictions, we are seeking to recruit a Group Treasury Manager, who will be
responsible for the overall strategic planning, implementation, management, and oversight of all financial activities within the Company.
The Group Treasury Manager is responsible for overseeing the treasury operations of the Firm across all entities and projects. The role ensures optimal cash flow management, funding strategies, banking relationships, financial risk management, and compliance with corporate financial policies to support large- scale real estate developments and construction projects.
Responsibilities:
1.Cash Flow & Liquidity Management Manage daily cash positioning and liquidity across all group entities and projects.
- Develop and maintain short, medium, and long-term cash flow forecasts.
- Ensure sufficient liquidity for project funding, payroll, supplier payments, and capital expenditures.
- Optimize use of surplus funds through approved investment strategies.
2. Project & Development Funding
- Structure and manage project financing arrangements (construction loans, development finance, bridge facilities).
- Coordinate drawdowns and repayments in line with project milestones.
- Monitor loan covenants and ensure compliance with financing agreements.
- Support feasibility studies with funding and capital structure analysis.
3. Banking & Financial Institutions Management
- Maintain strong relationships with banks, lenders, and financial institutions.
- Negotiate banking facilities, guarantees, bonds, and credit lines.
- Oversee issuance of performance bonds, bid bonds, and advance payment guarantees for construction projects.
4. Risk Management
- Identify and manage financial risks including liquidity, interest rate, currency, and counterparty risks.
- Develop and implement hedging strategies where applicable.
- Ensure appropriate insurance coverage coordination with relevant departments.
5. Debt & Capital Structure Management
- Monitor group debt portfolio and optimize capital structure.
- Support refinancing strategies and debt restructuring when required.
- Assist in raising capital (equity/debt) for new developments and acquisitions.
6. Treasury Controls & Compliance
- Establish and enforce treasury policies, controls, and procedures.
- Ensure compliance with internal governance policies and external regulatory requirements.
- Oversee bank account management and signatory controls.
7. Reporting & Strategic Support
- Prepare treasury reports for executive management and board review.
- Provide analysis on liquidity position, borrowing costs, and financial exposure.
- Support M&A transactions, joint ventures, and strategic investments.
Key Performance Indicators (KPIs)
- Accuracy of cash flow forecasting
- Availability of funds for projects without delays
- Cost of borrowing optimization
- Compliance with loan covenants
- Efficient bank facility utilization
- Reduction of financial risk exposure
Requirements:
- Bachelor’s degree in Finance, Accounting, Economics, or related field (Master’s preferred).
- Professional qualification (ACCA, CFA, CTP, or equivalent) preferred.
- 8–12 years of experience in treasury/finance, preferably within real estate, construction, or infrastructure sectors.
- Strong experience in project financing and corporate debt management.
- Knowledge of financial modeling and risk management tools.
- Strong financial and analytical skills
- Advanced cash flow modeling capability
- Negotiation and relationship management skills
- Strategic thinking with strong commercial awareness
- High attention to detail and governance compliance
- Ability to work in a fast-paced, project-driven environment
Benefits
- Senior leadership opportunity in a growing real estate and construction company
- Competitive salary package and (benefits)
- Opportunity to shape operational strategy and drive asset profitability
- Dynamic and professional working environment