Treasury Director

3 weeks ago


Dubai, Dubai, United Arab Emirates DP World Full time
Job Title: Group Director Treasury

DP World is seeking a highly skilled and experienced Group Director Treasury to lead the development, implementation, and management of a global treasury strategy for our freight forwarding business.

Key Responsibilities:
  • Develop and Implement Treasury Strategy: Lead the development of a comprehensive treasury strategy that aligns with DP World's business objectives and risk appetite.
  • Cash Management: Establish a cash management structure that optimizes liquidity across the global branch network.
  • Treasury Operations: Implement, maintain, or improve the day-to-day treasury requirements for the freight forwarding business.
  • Cash Position Management: Manage the cash position to optimize return on capital employed.
  • Leadership and Guidance: Provide leadership, guidance, policies, and training to regional finance managers on how to effectively manage liquidity and currency finance.
  • Intergroup Funding: Oversee intergroup funding structures and cash settlement.
  • Tax Efficiency: Work closely with Group Tax and Group Legal to ensure that funding structures are tax-efficient and compliant with local laws and regulations.
  • Bank Guarantees: Manage bank guarantees where required.
  • ABL Structures: Oversee and negotiate ABL structures (factoring) where applicable.
  • Foreign Currency and Interest Rate Hedging: Perform foreign currency and interest rate hedging in close collaboration with Head Office Treasury.
  • Funding Processes: Support group treasury on funding processes within the region.
  • Cash Position Reporting: Report on cash positions, cash forecasts, and seek funding for shortfalls.
  • Team Management: Manage and lead an engaged team, promoting collaboration and ensuring each team member is developed and evaluated against goals and objectives.
  • DP World Ambassador: Act as an ambassador for DP World at all times, promoting and demonstrating positive behaviors in harmony with DP World's Principles, values, and culture.

Requirements: The ideal candidate will have a strong background in treasury management, excellent leadership and communication skills, and the ability to work effectively in a global environment.


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