Senior Treasury Manager - AF Group Treasury - Al Futtaim Group

Al Futtaim Group

UAE

Ref: HP698-10599

Job description / Role

Employment: Full Time

Senior Treasury Manager - AF Group Treasury - Al Futtaim Group - Dubai, UAE

Responsible for managing Group Liquidity including the following functions:
- Managing the cash flow forecasting process across the Group in order to ascertain funding/investment requirements
- Assess and ensure availability of adequate liquidity at Group level.
- Coordinate development of cash management strategies and maintain oversight and control on Group wide procurement of cash management solutions.
- Ensure compilation of periodical reporting in relation to bank positions, borrowings and Intercompany loans across the Group.
- Manage the administration of the funds flow operations originating from Group Treasury.
- Manage the Bank account administration process by ensuring adequate level of oversight and control on the process including timely updating of databases and their reconciliation with SAP and bank confirmations.

Requirements

- Chartered accountant or Management accountant or a Bachelors or Masters degree holder in commerce or management with expertise in managing liquidity and/or formulating cash management strategies and implementing cash management solution in large corporate or banks.
- 5-6 years experience in managing liquidity and/or formulating cash management strategies and implementing cash management solution in large Corporate or Banks.

Job-Specific Skills:
Familiarity with Treasury Management solutions and technology, including PC spreadsheets and database skills. In depth knowledge and understanding of liquidity management concepts and solutions. Knack of commercial acumen.

Behavioural Competencies :
- Maintain High Degree of Confidentiality
- Work Under Pressure
- People Management Skills
- Highly organised and attention to details
- Pro active and Flexible
- Strong and effective communication and presentation skills

About the Company

Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.

The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.

The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.

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