Associate Corporate Finance

Job description / Role

Company Overview

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions: automotive, financial services, real estate, retail, and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia, and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organisation to continue to grow and expand, responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration, and integrity, Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Overview of the Role

The Treasury Manager, Corporate Finance, plays a pivotal role at Al-Futtaim Group by supporting Senior Treasury Managers in optimizing corporate finance activities. This position involves working across two critical segments: funding and corporate finance. The role ensures alignment with treasury policies, facilitates strategic and analytical activities, such as mergers & acquisitions, financial modeling, and capital structuring. The Treasury Manager is responsible for executing group-wide projects like M&A and capital allocation, ensuring successful funding structures and continuously enhancing financial performance monitoring. The position is integral to providing a comprehensive, centralized service across all Al-Futtaim Group entities.

What You Will Do

• Support M&A, new investments, and new projects in coordination with Corporate Development Unit (CDU) and divisions.
• Assist in scoping due diligence assignments and summarizing consultant reports for decision making.
• Review business plans and feasibilities for adequacy and financial accuracy; prepare valuation analysis using techniques like DCF and LBO.
• Provide inputs to the Group Investment Committee (GIC) process in coordination with CDU.
• Produce marketing materials with divisions and external advisors.
• Undertake equity research and maintain an Investment Dashboard.

• Review and assist in setting proper business assumptions for financial models prepared by divisions.
• Guide divisions in designing financial models and propose coding routes for capital structure.
• Analyze and assess portfolio companies' funding requirements.
• Perform scenario analysis and ratio calculations.

• Produce complex financial models using consolidated group financials.
• Support various group initiatives such as capital allocation and internal group credit rating.
• Assess impact of external growth opportunities on group consolidated balance sheet.
• Provide accurate financial models.

• Prepare analysis for funding decisions for Group Treasurer and Group CFO.
• Structure group funding through new equity funding and intercompany loans.
• Ensure documentation for intercompany term loans is in place and manage execution processes.
• Conduct bonds search and propose pricing for in-house bank loans compliant with Transfer Pricing Policy.

• Review divisions' balance sheets and cash positions for dividend payment compliance.
• Coordinate cash pooling with GTC-Liquidity and Risk Management team.
• Record movements from divisions in systems and maintain central cash flow forecasts.
• Analyze year-end distributable earnings and calculate proposed dividend payments.

• Establish and update benchmark financial return requirements based on market research.
• Support group’s market intelligence on valuations, peer groups, and credit ratings.
• Ensure compliance with Stage Gate process for investment opportunities.
• Maintain standardized valuation methodology and act as gatekeeper of the Stage Gate process.

Required Skills to Be Successful

• High numerical skills with the ability to work under pressure.
• Strong communication and presentation skills with the ability to influence.
• Proficient in advanced Excel and VBA for financial modeling.
• In-depth understanding of corporate finance principles and solid accounting knowledge.

What Qualifies You for the Role

• A master’s degree in finance, economics, or law. Chartered Accounting/CPA or CFA certification is advantageous.
• 3-5 years experience in corporate finance disciplines, including financial analysis, modeling, and business valuations. Experience in investment banking or Big 4 firms is beneficial.
• Proficiency in financial modeling with advanced Excel and VBA skills.
• Experience with research and finance tools such as Bloomberg and SAP, alongside strong technical accounting and business acumen.

Candidate Experience

We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.

Before you click “apply”: please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our values of respect, integrity, collaboration, and excellence.

As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.

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.