Job closed
Job description / Role
Key responsibilities and accountabilities
In this role you will be leading and managing the Treasury function for MBC Group across various countries.
Strategy and Governance
- Develop Treasury strategies.
- Define and recommend the objectives and policies, for all treasury activities.
- Provide timely input into the group's financial strategy and operational plans within the Finance Department.
- Periodically (at least annually) review treasury policies and propose amendments as applicable.
Planning and Budgeting
- Define budget requirements of the Treasury function, and accordingly participate in the development of the budget of the Finance Department.
- Ensure there is visibility of cash across the group.
Funding, Liquidity and Cash Management
- Identify funding requirements, negotiate terms, manage funding and capital structure.
- Ensure there is visibility of cash across the group, and cash forecasts and working capital requirements are prepared with a degree of accuracy consistent with the nature of the business and industry peers.
- Review and optimize bank account structures.
- Ensure there is sufficient and accessible liquidity to meet financial obligations in a timely and cost effective manner.
Financial Risk Management
- Propose financial risk management strategies and implement approved strategies.
- Monitor market risks and manage financial risks (e.g. interest rate risk, foreign exchange risk).
Requirements
Requirements
- Minimum of 10-15 years relevant experience.
- Bachelor's degree in finance, accounting or relevant field, MBA or professional qualification in Finance and Accounting (ACCA, CIMA, ACA, CPA).
- Professional Treasury Qualification (AMCT, CTP).
- Profound experience of Oracle Fusion.
- Extensive experience of team management.
- Strong stakeholder management.
Unfortunately, due to the high number of responses we receive we are unable to provide feedback to all applicants. If you have not been contacted within 5-7 days, please assume that at this stage your application has been unsuccessful.
About the Company
MBC GROUP is the largest media company in the Middle East & North Africa region that enriches people’s lives through information, interaction and entertainment. In 2002, nearly a decade after the launch of MBC1 in London, in 1991, MBC GROUP moved its headquarters to Dubai Media City, United Arab Emirates.
Today, MBC GROUP includes over 17 leading TV channels: MBC1 (general family entertainment); MBC2 & MBC MAX (24-hour western movies); MBC3 (children’s edutainment with a mix of both local productions and western acquisitions); MBC4 (entertainment for young families with a female-focus); MBC ACTION (an indigenous adrenaline-packed channel targeting young males with local and homegrown productions); MBC VARIETY (Western films and general entertainment with uninterrupted broadcasting); MBC DRAMA (24/7 Arabic drama) & MBC+ DRAMA (a joint pay-TV channel between MBC and OSN); MBC PERSIA (general family entertainment dubbed and subtitled in Farsi); WANASAH (24-hour Arabic music channel); MBC MASR & MBC MASR2 (general family entertainment geared towards the Egyptian family); MBC BOLLYWOOD (delivering the freshest in Bollywood content geared towards the region via an Arabized interface); MBC USA (on “Dish Network” in the US); MBC IRAQ (a premium channel aimed at the entire Iraqi family), MBC5 (new satellite channel dedicated to the Maghreb); all of them benefit from MBC STUDIOS which produces the region’s most compelling premium content for cinema, television and on-demand platforms. MBC GROUP also includes two FM radio stations: MBC FM (Gulf music) and Panorama FM (contemporary Arabic hit music).
Furthermore, part of MBC GROUP is Shahid and its premium subscription-based service Shahid VIP, the world’s leading Arabic streaming platform, home to highly rated original productions from the Arab world, a wide range of exclusive movies and premieres, as well as the top watched live Arab TV channels.