Finance Manager (Treasury) - Qatar Airways

Job description / Role

Finance Manager (Treasury) - Qatar Airways - Doha

The role of Finance Manager (Treasury) is geared towards global cash & liquidity management, cash flow forecasting (both short- and medium-term) and banking relationship management.

In this role, you will assist the Senior Manager in the operational management of the global cash and cash pooling models and the development and implementation of strategies to optimize such funding and cash positions. You will ensure adequate processes for issuance and administration of letters of credit and bank guarantees, short-term funding and transaction banking.Cash & Liquidity Management.

* Responsible for global cash and liquidity management
* Responsible for short- and medium-term cash flow forecasting.
* Manage the HQ and Outstation Teams
* Assist in managing the global short-term debt position of the company.
* Assess the short and medium term liquidity needs of HQ and outstations.
* Assist in the development and maintenance of QR's global cash pool structures, supervising the collection of required daily cash positions and short term cash forecasts and providing guidance and instructions to the country organizations participating in the global pool with regards to holding cash in local accounts vs. in global pool accounts.
* Dealing with bank and audit queries, relationship management, cash management banks and bank fee analysis globally.
* Provide oversight to country organizations for those outstations that do not participate in the global cash pool structures and where funding and liquidity management is performed locally.

Foreign Currency Hedging

* Ensure optimal spot execution vs. budget, vs. invoice rates and vs. the market.
* Provide timely and accurate assistance to the Risk Management team responsible for hedging global foreign exchange exposures.
* Assist in the development of spot FX strategies.

Other Treasury Operations

* Back-up contact for the banking institutions that provide short-term financing, liquidity, cash management and spot FX facilities to QR.
* Co-manage QR's liquid and semi-liquid investments.
* Ensure Treasury Operations compliance with Treasury policies and regulatory bodies.
* Support the Senior Manager with ad-hoc analysis and other treasury related initiatives.
* May be called upon to act in advisory role to other departments and/or regions for improving treasury processes.

Team Management

* Establish the teams' objectives and priorities to align with and support business objectives.
* Regularly evaluate the department or teams' objectives, plans, procedures and practices, and makes appropriate changes if needed.
* Oversee and supervise employees. Direct daily activities, recruit, train, develop and discipline to ensure a high standard of service delivery.

Requirements

Candidates will have a Bachelor's Degree in Finance, Accounting or Business Administration and preferably a MBA
Previous Experience will include the following:

* Expert - Minimum 7 years of progressive responsibility within large corporate finance/treasury department or a financial institution either in Treasury or Investment Banking.
* Solid understanding of cash management principles and practices, as well as computer applications related to Treasury services.
* Experience in cash management and cash pooling.
* Experience in managing bank guarantee, short-term loan and fixed deposit portfolios.
* Knowledge of banking and financial instruments.
* Experience in managing staff and interfacing with senior management across functional lines is mandatory.
* Strong analytical, problem solving, negotiating, facilitating, decision-making and organizational skills.
* Excellent oral and written communication skills. Fluency in English (both written and spoken) is mandatory.
* Proactive self-starter with ability to work in a fast-paced environment with changing priorities.

Job Specific Skills:

* Strong analytical, problem solving, negotiating, facilitating, decision-making and organizational skills.
* Excellent oral and written communication skills. Fluency in English (both written and spoken) is mandatory.
* Proactive self-starter with ability to work in a fast-paced environment with changing priorities.
* Managerial skills - Ability to delegate work, set clear direction and manage workflow. Strong mentoring and coaching skills. Ability to train and develop subordinate's skills. Ability to foster teamwork among team members.

About the Company

Qatar Airways is proud to be one of the youngest global airlines to serve all six continents, and thanks to our customers’ response to our offerings, we are also the world’s fastest-growing airline. We connect more than 150 destinations on the map every day, with a fleet of the latest-generation aircraft, and an unrivalled level of service from our home and hub, the Five-star airport, Hamad International Airport in Doha, the State of Qatar.

Travel today involves a mix of short, medium and long-haul segments, with more people travelling than ever before. With the breadth of network coverage today, virtually no destination is unreachable. This is why the commitment to service is paramount; as our guests are travelling farther and more frequently than ever before, the experience on board is an important part of the journey itself.

Since our launch in 1997, Qatar Airways has earned many awards and accolades, becoming one of an elite group of airlines worldwide to have earned a 5-star rating by Skytrax. Voted Airline of the Year by Skytrax in 2011, 2012, 2015 and most recently in 2017, Qatar Airways has won the confidence of the travelling public. We have accomplished these goals by focusing on the details – how we run the business, and how you experience our airline.