| Job Location | Dubai - United Arab Emirates |
| Education | Master of Commerce(Commerce), Bachelor of Commerce(Commerce), Bachelor of Business Administration(Management). |
| Salary | Not Mentioned |
| Industry | FMCG / Foods / Beverages |
| Functional Area | Not Mentioned |
? Prepare feasibility studies including detailed calculation schedules indicating the rate of return on investment (ROI) of any capital expenditure (CAPEX)? Prepare and recommend policies and procedures for treasury / cash management.? Responsible for reviewing financial decisions, e.g. a decision to buy or lease an asset, before submitting it to the Executive Management.? Manage and monitor the Group?s cash management activities which cover reconciliation of bank statements, clearing payment and receipts transactions within the system and depositing cash or Cheques at the bank.? Review and propose authorization of cash transactions in accordance with the Group?s policies and regulations.? Forecast daily cash requirements and execute daily financing decisions. ? Prepare consolidated cash balances reports on a weekly basis for the entire Group.? Prepare projected cash flow statements including the projected bank facility requirements and timings used for management reporting.? Establish and cultivate relationships with financial institutions.? Determine the Company?s borrowing requirements and options, negotiate with banks for loans and facilities. ? Review and evaluate the different bank facilities like (Loans, overdraft, refinance, letter of credit and letter of guarantee?) in order to maintain a balanced effective corporate financing and Conduct benchmark studies of banks and their services to evaluate whether it fits the Group?s requirement. ? Evaluate alternative long-term borrowing sources and make recommendations in accordance with the capital structure guidelines. ? Manage the Groups loans and interest payments by ensuring any repayments are paid on time and tracked accordingly.? Review wording of Letters of Credit and Bank Guarantees either received from or sent to the bank and chose the best practice that the company needs.? Bank status reporting and keeping balances in the banks accommodate the need of the company and its operations.? Maintain high profile bank relation with bank officers and management. ? Manage and develop ?the Group?s financial risk management program in consultation with the Credit Controller.? Participate the Credit Controller in Negotiating insurance coverage and develop risk mitigation plans to ensure appropriate coverage as required.? Determine the Company?s goals and risk tolerance.? Assess performance benchmarks and recommend changes when warranted. ? Assist Credit Controller to manage insurance claims and insurance payments.? Work closely with Supply Chain department to revisit periodically all suppliers credit terms? Work with Sales and Credit Controller to review the credit terms granted to valued customers so to balance between achieving the FCF target of our group to reach out customers? satisfaction on the other hand. ? Manage the distribution of dividends.? Manage the investment & Real Estate activities by supervision of property management, leasing, disposition analysis, and sale with a view to enhancing the value of real estate
Keyskills :
Finance
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