Assistant Manager

2 weeks ago


Dubai, United Arab Emirates Al-Futtaim 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 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.

Al Futtaim Group treasury department is currently seeking a treasury professional to join their team in the capacity of Assistant Manager Cash Management.

**JOB PURPOSE**

**KEY ACCOUNTABILITIES**

**Cash Management**
- Assist in determining Group and country cash levels.
- Decide on necessary actions to be taken based on the daily cash position, facility utilization and headroom
- Provide inputs and recommendation to Senior Manager - Cash Management to mobilize cash to manage liquidity efficiently (minimize interest costs)
- Ensure efficient cash management on a daily basis by working closely with the Senior Manager - Cash Management, as well as the Invoice-to-Pay (I2P), divisions and business units’ Financial planning and analysis (FP&A) teams.
- Ensure that accounts are funded in right currency and on-time
- Assisting in optimization of cash concentration at header level whilst ensuring the divisions’ daily liquidity requirements
- Assist in negotiation of group and country cash pooling arrangements
- Regularly reviewing the structure and pricing of cash management solutions
- Ensure proper records are maintained in Treasury Management Systems (TMS) for all transaction, working closely with Treasury Back Office Tower (TBOT)

**Short term Cash Flow forecasts**
- Assist in setting group-wide cash forecasting guidelines
- Report and analyse a short term 12-month rolling direct cash flow forecast on a bi-weekly basis in conjunction with divisions and business units’ Financial planning and analysis (FP&A) teams
- Assist in assessing the funding requirements for the Group and its subsidiaries
- Consolidate and maintain cash flow forecasts in Anaplan
- Perform regular variance analysis reports and discuss deviations with the divisions
- Prepare and maintain consolidated short-term cash flow forecast as per the Senior Manager - Cash Management guidelines

**In-house Bank**
- Assist in the Management of In-House bank (IHB) funding strategy
- Assess in coordination with Senior Manager - cash management and Global Treasury Center - Financial Risk Management (GTC/FRM) whether short term cash requirements should be funded from internal or external sources
- Assist in managing an in-house bank aimed at funding all short-term transactions on behalf of the Group companies from either pooled cash or utilizations of trade finance facilities provided by banks, optimizing net interest for Group and Group companies
- Ensure proper records are maintained in TRM for all transaction, working closely with Treasury Back Office Tower (TBOT)

**Governance and Transformation**
- Ensure compliance with Group treasury policies
- Provide inputs to Global Treasury Center - Governance, Risk Control & Transformation (GTC/GRCT) team on all reporting aspects
- Coordinate with TBOT to run daily cash position reports
- Provide inputs into cash management strategy including IHB and treasury policies
- Support all Treasury transformation projects, including further roll-out of TMS, and automated cash pooling strategies across the Group entities

**Other Adhoc responsibilities**
- Support Trade Finance function as and when required
- Prepare Adhoc reports as and when required

**QUALIFICATIONS, EXPERIENCE, & SKILLS**

Educational Qualification:

- Bachelor’s degree in Finance/accounting or equivalent - Masters degree is a plus or a professional qualification in finance eg. CFA, FRM, ACT etc.

Minimum Experience and Knowledge:

- Three to five years of experience in a similar role with a large conglomerate or a large multinational corporation. Knowledge of banking products - Trade Finance

Job-Specific/Technical Skills required to complete the tasks:

- Excellent skills and knowledge of Microsoft Office, knowledge of SAP TRM or equivalent is a plus, analytical skills



  • Dubai, United Arab Emirates CEO Female Personal Assistant Full time

    Personal Assistant (Female) - You should be living in CEO place. We are looking for a responsible female Personal Assistant to provide personalized secretarial and administrative support in a well-organized and timely manner. You will work on a one-to-one basis on a variety of tasks related to CEO’s working life and communication. You should be living in...

  • Accountant

    2 weeks ago


    Dubai, United Arab Emirates General Manager Full time

    Skilled in Data analysis, drawing conclusions, drafting reports on audit findings and provide recommendations. - Firm observational, analytical and error detection skills. - Ability to work independently or collaboratively on high - pressure situations. - Prepared and reviewed financial statements and income tax returns. - Preparing the monthly profit and...

  • Assistant Manager

    3 days ago


    Dubai, Dubai, United Arab Emirates Hyatt Corporation Full time

    Grand Hyatt Grand Hyatt Abu Dhabi AE - AZ - Abu DhabiFront OfficeEntry Level ManagerFull-timeReq ID : ABU002716WorldwideSummaryYou will be responsible to assist with the efficient running of the department in line with Hyatt International's Corporate Strategies and brand standards, whilst meeting employee, guest and owner expectations.The Assistant Manager -...

  • Assistant Manager

    3 weeks ago


    Dubai, Dubai, United Arab Emirates Hyatt Full time

    You will be responsible to assist with the efficient running of the department in line with Hyatt International's Corporate Strategies and brand standards, whilst meeting employee, guest and owner expectations. The Assistant Manager - Outlet is responsible to assist the Outlet Manager in managing the assigned outlet as a successful independent profit centre,...

  • Manager Assistant

    4 weeks ago


    Dubai, United Arab Emirates Grand Hyatt Full time

    Organization- Grand Hyatt Dubai Summary You will be responsible to assist with the efficient running of the department in line with Hyatt International's Corporate Strategies and brand standards, whilst meeting employee, guest and owner expectations. The Assistant Manager - Outlet is responsible to assist the Outlet Manager in managing the assigned outlet as...

  • Manager Assistant

    4 weeks ago


    Dubai, United Arab Emirates Grand Hyatt Full time

    Organization- Grand Hyatt Dubai Summary You will be responsible to assist with the efficient running of the department in line with Hyatt International's Corporate Strategies and brand standards, whilst meeting employee, guest and owner expectations. The Assistant Manager - Outlet is responsible to assist the Outlet Manager in managing the assigned outlet as...

  • Assistant Manager

    2 weeks ago


    Dubai, United Arab Emirates OVO Full time

    OVO Luxury Signature, a leading women’s clothing manufacturer, is seeking a highly organized and proactive Manager Assistant to support the daily operations, production processes, and customer order management. This role involves assisting the manager in coordinating various tasks, ensuring smooth workflows, and maintaining excellent client...

  • Assistant Manager

    2 weeks ago


    Dubai, United Arab Emirates AL CAREER HR CONSULTANCY Full time

    We are searching for a new assistant manager to join our team who is interested in helping to hire and train other team members. You will also assist in making sure the team adheres to company policies, resolving customer complaints, leading the team, and organizing the team schedule. To be a great fit for this role you should have a consistent work history...

  • Assistant Manager

    1 day ago


    Dubai, Dubai, United Arab Emirates IIQAF Full time

    We are seeking a highly motivated and dedicated Assistant Manager to join our dynamic team. The ideal candidate will play a pivotal role in supporting the management team in achieving operational goals and maintaining a high level of customer satisfaction. As the Assistant Manager, you will be responsible for overseeing daily activities, ensuring that tasks...

  • Assistant Manager

    2 weeks ago


    Dubai, United Arab Emirates GLAZE SERVICES LLC Full time

    You will be responsible for assisting with the efficient running of the departments of our clients and brand standards while meeting employee, guest, and owner expectations. The Assistant Manager, Housekeeping, is responsible for assisting the Operations Manager in managing the day-to-day operation of the housekeeping departments, including the training and...

  • Assistant Manager

    2 weeks ago


    Dubai, United Arab Emirates Pause Gourmet coffee shop LLC Full time

    **Assistant Manager** **Reports to** Manager **Job Overview** The Assistant Manager assists the Store Manager in running an efficient and profitable operation of Pause Gourmet. He/she assists the store manager with the goal of providing customers with excellent, quality products and fast, friendly service. This position enforces all procedures in the...

  • Assistant Manager

    7 days ago


    Dubai, Dubai, United Arab Emirates Abercrombie And Fitch Co Full time

    Job Title: Assistant ManagerJob DescriptionThe Assistant Manager is a multi-faceted role that merges business strategy, operations, creativity, and people management. Strategically, assistant managers are responsible for driving sales results by analyzing the business and providing best-in-class customer service. They are responsible for overseeing daily...

  • Assistant Manager

    2 weeks ago


    Dubai, United Arab Emirates Next Door Real Estate Full time

    The Role **Job Title**: Assistant Manager for Building Material ( Hard Ware ) Job Summary: We are seeking a highly motivated and knowledgeable Assistant Manager for Building Material to join our team. As the Assistant Manager, you will be responsible for supporting the overall operations of our building material department. You will assist in managing...

  • Assistant Manager

    14 hours ago


    Dubai, Dubai, United Arab Emirates HEBA Group of Companies Full time

    We are seeking a skilled and dedicated Assistant Hotel Manager to join our team. As an Assistant Hotel Manager, you will work closely with the Hotel Manager to oversee daily operations, ensure excellent guest experiences, and maintain high standards of service. Your strong leadership skills, attention to detail, and ability to handle multiple...

  • Assistant Manager

    7 days ago


    Dubai, Dubai, United Arab Emirates Dubai Islamic Bank Full time

    Dubai, UAE Posted 8 days ago Expires in 2 monthsAssist in the determination of banks capital requirement based on Basel Capital Accords for Pillar-I, Pillar-II, Pillar-III risks and Stress Testing using qualitative and quantitative assessment and analysis of all risk issues.Key ResponsibilitiesAssist in meeting CB-UAE reporting requirements of the Basel...

  • Assistant Manager

    4 weeks ago


    Dubai, Dubai, United Arab Emirates IIQAF Full time

    We are seeking a highly motivatedand dedicated Assistant Manager to join our dynamic team. The idealcandidate will play a pivotal role in supporting the managementteam in achieving operational goals and maintaining a high level ofcustomer satisfaction. As the Assistant Manager you will beresponsible for overseeing daily activities ensuring that tasks...

  • Assistant Manager

    3 weeks ago


    Dubai, Dubai, United Arab Emirates IIQAF Full time

    We are seeking a highly motivatedand dedicated Assistant Manager to join our dynamic team. The idealcandidate will play a pivotal role in supporting the managementteam in achieving operational goals and maintaining a high level ofcustomer satisfaction. As the Assistant Manager you will beresponsible for overseeing daily activities ensuring that tasks...

  • Assistant Manager

    3 weeks ago


    Dubai, Dubai, United Arab Emirates Jumeirah Full time

    Assistant Manager - Financial Reporting - Dubai Holding Group Services United Arab Emirates Job Description Assistant Manager - Financial Reporting - Dubai Holding Group Services Company Overview: At Dubai Holding Group Services, we are committed to enhancing project management excellence through innovative, data-driven approaches. Our mission is to...

  • Assistant Manager

    5 days ago


    Dubai, Dubai, United Arab Emirates Millennium Hotels and Resorts MEA Full time

    As an Assistant Manager - Human Resources at the Regional Office, you will play a pivotal role in overseeing various aspects of the human resources department. Your responsibilities will include assisting in HR strategy development, employee relations, recruitment, talent management, and ensuring HR policies and practices align with company goals.Key Job...

  • Assistant Manager

    2 days ago


    Dubai, Dubai, United Arab Emirates Hyatt Corporation Full time

    Assistant Manager - Engineering (Electrical)Hyatt Regency Dubai Creek Heights, AE - DU - DubaiSummaryYou will assist with the efficient running of the department in line with Hyatt International's Corporate Strategies and brand standards, whilst meeting employee, guest, and owner expectations.The Assistant Manager - Engineering is responsible for various...