Senior Manager-Treasury Compliance

2 days ago

Dubai, Dubai, United Arab Emirates Al Futtaim Private Company LLC Full time

Job Requisition ID: 161603

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 A"rab 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.

We are currently seeking an experienced finance professional to join our Global Treasury Centre team in the capacity of Senior Manager - Treasury Compliance & Control.

Overview of the role
Senior Manager – GRCT shall assist The Head – GRCT in establishing and monitoring governance and compliance norms pertaining to Al Futtaim Group's Treasury function and undertake transformation projects.

In conjunction with the other functions within the Global Treasury Centre, the Senior Manager- GRCT shall work with Head – GRCT for supporting the below strategic activities:

  • Manage all aspects of Treasury governance including Treasury Policies, SOPs, SLAs, DOAs, RACIs and operating models. Work with other functions within Global Treasury Centre (GTC), Treasury Back Office Tower (TBOT) and divisions to develop, communicate and ensure compliances of all governance related matters.
  • Identify transformation initiatives and improve Treasury Systems and enhance controls by standardization, automation, and adoption of best practices. Increase Treasury footprints to various geographies by rolling out Treasury Management System (TMS) and support key treasury projects such as Cash Pooling, SWIFT implementation, Inhouse cash and Group AI initiatives.
  • Manage all aspects of treasury compliance as a treasury point of contact for all internal and external audit support. Assist in ensuring compliance of all treasury / banking related regulatory requirements.
  • Play a key role in supporting Global Treasury Reporting, Treasury Accounting, Treasury P/L, balance sheet and related costs.
  • Play a key role in reviewing treasury operations, processes, and acquisition of new treasury activities.

What you will do

Strategy and Policy

  • Support the Development of group wide Treasury Policies covering all functional areas under Treasury's remit.
  • Review financial risk management strategies and policy amendments proposed by treasury functional heads and provide feedback on their potential impact on group's risk profile and financial performance.
  • Continuously monitor the compliance of Global Treasury Policies and raise early warning signals where there are breaches of any policies.

Governance and Control

  • Develop and monitor SOPs, SLAs, DOAs, RACIs and operating models to govern best in class treasury functions in coordination with GTC front office functions, divisions, and business units.
  • Review of existing and amendments to banking delegation of authorities (DOA) and bank account administration.

Compliance:

  • Ensure compliance with Policies, SOPs, SLAs, and RACIs agreed with divisions.
  • Maintain governance of internal meetings with Group CFO, Group Treasurer and Divisional Finance teams.
  • Function as the key treasury point of contact for internal and external audit support and coordinate with Treasury functions to ensure audit requirements are complied.

Treasury Transformation:

  • Support the Group Treasury transformation initiatives for standardization and automation of systems and processes.
  • Provide project management support in key treasury initiatives such as cash Pooling, Swift implementation, Central Funding, Inhouse cash and group AI initiatives.
  • Liaison with Group IT team for alignment with overall transformation objectives and related projects.
  • Review of existing treasury operations and processes and ensure acquisition of new treasury activities.

Financial Risk Management and Reporting:

  • Support, analyse and provide timely Global Treasury Reporting to AFG Senior Management for all treasury exposures such as Counterparty risks, internal and external debt exposures, Cash, Forex exposures, interest income and cost.
  • Develop monthly / quarterly management reports and dashboards for treasury reporting.
  • Review Treasury P/L, Treasury Balance sheet and related costs

Required skills to be successful:

  • Working knowledge of SAP (especially SAP TRM) and Power BI.
  • Advanced Analytical, treasury related processes, banking, and treasury, hedging and trade finance
  • Good communication skills
  • People Management Skills.
  • Maintain high degree of confidentiality.
  • Strong and effective communication and presentation skills.
  • Ability to work under pressure.
  • Highly organised and attention to details.
  • Problem Solving, Pro-active and flexible.
  • Influencing colleagues and an ability to collaborate with both internal and external stakeholders

What equips you for the role

  • A bachelor's/master's degree in commerce/financial management/ accountancy.
  • CA, CFA, CPA or similar. Treasury coursework (ACT or similar) beneficial.
  • At least 3-5 years' relevant experience within a large organization managing treasury operations and controls.

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.

  • Senior Manager-Treasury Compliance

    10 hours ago

    Dubai, Dubai, United Arab Emirates Al-Futtaim Group Full time

    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 A"rab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more...

  • Senior Treasury Manager

    2 weeks ago

    Dubai, Dubai, United Arab Emirates Caliberly Full time

    Job Title: Treasury ManagerLocation:Dubai, UAESalary: AED 30,000 to AED 35,000 per monthJob Summary:We are seeking an experienced Treasury Manager to join our finance team. The ideal candidate will have 10-12 years of experience in treasury management with a strong focus on working capital facilities, trade finance including Letters of Credit (LCs) and...

  • Senior Treasury Manager

    2 weeks ago

    Dubai, Dubai, United Arab Emirates Caliberly Full time

    Job Title: Treasury Manager Location: Dubai, UAE Salary: AED 30,000 to AED 35,000 per month Job Summary: We are seeking an experienced Treasury Manager to join our finance team. The ideal candidate will have 10-12 years of experience in treasury management with a strong focus on working capital facilities, trade finance including Letters of Credit (LCs) and...

  • Treasury Senior Executive

    2 weeks ago

    Dubai, Dubai, United Arab Emirates Dubai Taxi Company Full time

    Job Summary:The Treasury Senior Executive is responsible for overseeing the treasury operations of the organization. This includes managing cash flow, ensuring adequate liquidity, optimizing financial resources, managing financial risks, and leading treasury-related strategic initiatives. The role requires close collaboration with other financial executives...

  • Treasury Specialist

    2 weeks ago

    Dubai, Dubai, United Arab Emirates Delivery Hero SE Full time

    Manage day-to-day Treasury operations including cash flow forecasting, ensuring accurate and timely cash position reporting. Coordinate with various departments to gather relevant data for cash flow forecasting and analysis, ensuring alignment with business objectives. Perform bank account management activities such as opening, closing, and maintenance of...

  • Senior Treasury Manager Jobs in Dubai

    2 weeks ago

    Dubai, Dubai, United Arab Emirates Al Futtaim Full time

    Senior Treasury Manager Jobs in Dubai | Al Futtaim Careers1- Senior Treasury Manager – Structured FinanceJob: Full TimeLocation: Dubai, UAEDescription:We are currently seeking an experienced treasury professional to join our Global Treasury Center in the capacity of Senior Treasury Manager – Structured Finance.The Senior Treasury Manager – Structured...

  • International Treasury Manager

    2 weeks ago

    Dubai, Dubai, United Arab Emirates AECOM Full time

    Company Description Work with Us. Change the World.**At AECOM, we're delivering a better world. Whether improving your commute, keeping the lights on, providing access to clean water, or transforming skylines, our work helps people and communities thrive. We are the world's trusted infrastructure consulting firm, partnering with clients to solve the world's...

  • Head of Treasury

    2 weeks ago

    Dubai, Dubai, United Arab Emirates Tiger Recruitment Full time

    Job Title: Head of TreasuryOur client is a leading crypto trading and investment platform, they are looking for a passionate and strategic Head of Treasury to become part of their team.They are searching for a driven individual who can navigate the dynamic landscape of treasury management in the cryptocurrency domain and aid our organization's financial...

  • Senior Manager Treasury Jobs

    2 weeks ago

    Dubai, Dubai, United Arab Emirates Expo City Full time

    For More Top Organization Jobs Click HereDescription:The Senior Manager Treasury role is to manage funding and liquidity requirements while managing the market risks Expo city is exposed to. In addition to continuously monitoring and manage cash balances, securities bonding, bank facilities.Job ResponsibilitiesManage cash projection, and daily positions, and...

  • Treasury Specialist

    2 weeks ago

    Dubai, Dubai, United Arab Emirates Delivery Hero SE Full time

    Manage day-to-day Treasury operations including cash flow forecasting, ensuring accurate and timely cash position reporting.Coordinate with various departments to gather relevant data for cash flow forecasting and analysis, ensuring alignment with business objectives.Perform bank account management activities such as opening, closing, and maintenance of bank...

  • Treasury Manager

    2 weeks ago

    Dubai, Dubai, United Arab Emirates Caliberly Full time

    Job Title: Treasury ManagerLocation: DubaiSalary: AED 30,000 - AED 35,000 per monthJob Summary:We are seeking a highly experienced Treasury Manager to join our team. The ideal candidate will have 10-12 years of experience in treasury management, with a strong focus on working capital facilities, trade finance, cash management, and foreign exchange...

  • Head of Treasury

    2 weeks ago

    Dubai, Dubai, United Arab Emirates Tiger Recruitment Ltd Full time

    Job Title: Head of TreasuryOur client is a leading crypto trading and investment platform, they are looking for a passionate and strategic Head of Treasury to become part of their team.They are searching for a driven individual who can navigate the dynamic landscape of treasury management in the cryptocurrency domain and aid our organization's financial...

  • Treasury Manager

    2 weeks ago

    Dubai, Dubai, United Arab Emirates Caliberly Full time

    Job Title: Treasury ManagerLocation: DubaiSalary: AED 30,000 - AED 35,000 per monthJob Summary:We are looking for a highly experienced Treasury Manager to join our team. The ideal candidate should have a solid background in treasury management, focusing on working capital, trade finance, cash management, and foreign exchange. It is preferable to have...

  • Treasury Manager

    2 weeks ago

    Dubai, Dubai, United Arab Emirates Caliberly Full time

    Job Title: Treasury ManagerLocation: DubaiSalary: AED 30,000 - AED 35,000 per monthJob Summary:We are seeking a highly experienced Treasury Manager to join our team. The ideal candidate will have 10-12 years of experience in treasury management, with a strong focus on working capital facilities, trade finance, cash management, and foreign exchange...

  • Treasury Manager

    2 weeks ago

    Dubai, Dubai, United Arab Emirates Caliberly Full time

    Job Title: Treasury ManagerLocation: DubaiSalary: AED 30000 AED 35000 per monthJob Summary:We are seeking a highly experienced Treasury Manager to join our team. The ideal candidate will have 1012 years of experience in treasury management with a strong focus on working capital facilities trade finance cash management and foreign exchange management....

  • Banking Manager – Treasury

    4 weeks ago

    Dubai, Dubai, United Arab Emirates Charterhouse UAE Full time

    Charterhouse is collaborating with a private company in Dubai. They are in search of a Banking Manager - Treasury. The chosen individual will oversee the company's banking relationships, handle bank inquiries, manage account openings/closures, and ensure compliance with financial regulations. This role also involves cash management and treasury...

  • Banking Manager – Treasury

    2 months ago

    Dubai, Dubai, United Arab Emirates Charterhouse UAE Full time

    Charterhouse is collaborating with a private company in Dubai. They are in search of a Banking Manager - Treasury. The chosen individual will oversee the company's banking relationships, handle bank inquiries, manage account openings/closures, and ensure compliance with financial regulations. This role also involves cash management and treasury...

  • Manager-treasury

    2 weeks ago

    Dubai, Dubai, United Arab Emirates IFFCO Full time

    Job Summary:To support the Director Treasury in handling overall treasury operations including relationship management with banks, cash management and forex hedgingRoles & Responsibilities: Work in close coordination with Director Treasury and develop / maintain strong banking relationships outside UAE Devise mechanisms to handle long term loans for projects...

  • Senior Manager Treasury Jobs in Dubai UAE 2023

    2 weeks ago

    Dubai, Dubai, United Arab Emirates Movenpick Hotel Full time

    Senior Manager Treasury Jobs in Dubai UAE 2023 | Movenpick HotelFor More Top Organization Jobs Click HereDescription:The Senior Manager Treasury role is to manage funding and liquidity requirements while managing the market risks Expo city is exposed to. In addition to continuously monitoring and manage cash balances, securities bonding, bank facilities.Job...

  • Treasury Manager

    2 weeks ago

    Dubai, Dubai, United Arab Emirates CharterHouse Full time

    Job description:Charterhouse is working with a large global commodity trading company who is looking to recruit a seasoned Treasury Manager for their growing Dubai office. Our client delivers bulk commodities to more than 40 countries and has offices in 20 countries worldwide, which is evidence of their impressive global footprint.About the roleThe Treasury...