Treasury Analyst

Job description / Role

Daily Cash Management - Ensuring funds are available to meet the short-term fund requirement
Performs daily treasury reconciliations of Head Office bank accounts
Generates the required reports for Group Companies and Head Office accurately in a timely manner
Verifies foreign exchange requests against exposures in the SAP;
Confirmation of all FX and MM Transactions;
Runs the monthly Mark-to-Market reports and distributes to Group Companies.
Responsible for the consolidation of Group Companies cash forecasts;
Responsible in generating the month to month variances;
Assists in the analysis of Cash forecasts of Group Companies;
Responsible for cash forecasts bi-weekly reports;
Bank Accounts Opening / Closing
Responsible in Opening and Closing of Bank accounts as and when required;
Assists Treasury Head in the required banking structure for legal restructuring and in setting up automatic account sweeping for both local and offshore accounts.

Requirements

Requirements:

3-5 years experience in Corporate Treasury;
Required banking knowledge in the UAE and Middle East;
Good knowledge of cash management & Payments process, procedures and best practices;
Highly systems literate – experience with Treasury Management System software applications;
Excellent Communications and Teamwork skills – building effective relationships with operational and Head Office Staff, as well as external banking counter parties;
Excellent Analytical skills and attention to detail.

About the Company

The Easa Saleh Al Gurg Group was founded by the Chairman of the Group, H.E. Easa Saleh Al Gurg CBE in 1960, with the acquisition of the Grundig franchise followed by the British American Tobacco agency.

Today, the Group is associated with a number of world renowned companies through joint ventures, franchises and other marketing arrangement. The Group’s list of principals and joint venture partners includes Unilever, Siemens, Dunlop, Burmah Castrol, Grundig, Osram, British American Tobacco and ICI amongst others. The Easa Saleh Al Gurg Group business’ extends to three main verticals namely:

• Trading – Mac Al Gurg, Scientechnic, Al Semsam, Technical & Trading LLC. Target Auto Services, Al Gurg Tires (Dunlop), Batteries and Accessories. • Retail – ID Design, United Colors of Benetton & Sisley, Al Gurg Stationery, OFIS, Interiors and Better life. • Manufacturing – Al Gurg Building Services, Gulf Engineering Industry, Gulf Metal Foundry, Al Gurg Electronics and Al Mashrabia Furniture.

Additionally, the Easa Saleh Al Gurg Group’s portfolio includes the Al Gurg Real Estate Division that constitutes one of the largest private property based enterprise in the UAE.

The Easa Saleh Al Gurg Group started its journey more than 50 years ago and is now a large corporate enterprise comprising of 23 businesses with over 3,000 committed employees. The Group maintains a strong focus on employee development and has formed an in-house Training and Development Centre dedicated to enhancing employee skill sets.

At Easa Saleh Al Gurg (ESAG), we stand tall as an employer of choice for people who bring intense passion and innovative ideas to work every day. We believe there is only one way to win a leadership position: through dedication and hard work. We aim to be the best choice for most customers and the chosen place to work for the most talented people. Our philosophy is both simple and inclusive. We value people even as we protect our investments. Meritocracy drives our actions, decisions and employee advancements.