| Job Location | Dubai, United Arab Emirates |
| Education | Not Mentioned |
| Salary | Not Mentioned |
| Industry | Accounting |
| Functional Area | Not Mentioned |
Finance Manager (ALM / Risk Management) | Al Futtaim Automotive | Financial ServicesOverview of the role:This role will support the Senior Financial Controller of Al Futtaim Financial Services and become the key lead in managing the ALM function of the business, managing the relationship with Automotive Divisional FP&A and Group Treasury.ÿWhat you will do:Asset and liability Management:?ÿÿÿImplementing an assets and liabilities strategy (gapping) that optimizes the company?s return, in accordance with the ALM Committee guidelines/ recommendations.?ÿÿÿPreparing ongoing assessment of asset & liability mismatches and managing the implementation of required short- and medium-term financing structures?ÿÿÿDevelop risk measures, scenario analysis and stress testing and mitigating actions, to ensure all material risks are identified, quantified, managed, and reported.?ÿÿÿSupport the management for capital, liquidity, interest rate, and other balance sheet risks via reporting against appetite and modelling forward-looking impacts and solutions.?ÿÿÿDetermine the Company?s goals and funding risk and interest rate risk toleranceÿ?ÿÿÿManagement and mitigation of Liquidity Risk (including risks emanating from placement of fixed deposits)?ÿÿÿManagement and mitigation of Foreign Currency and interest rate RiskÿCash Management:?ÿÿÿPreparation of biweekly cash flow of financials services entities for submission into automotive Anaplan system, ensuring necessary alignment with different stakeholdersÿ?ÿÿÿPartner with business team to improve liquidity, over deliver budget targets, and actively manage working capital.?ÿÿÿManaging daily cash balances, and surplus cash for other assets?ÿÿÿDeliver insightful analysis of actual and projected capital, liquidity and Funding resources and constraints, to the business.ÿPolicies and Procedures:?ÿÿÿUnderstand and manage appropriate accounting procedures and processes related to debt and equity funding?ÿÿÿSupport preparation of fiscal records and financial plans, policies, and reports?ÿÿÿEnsure compliance with policiesÿ?ÿÿÿEvaluates capital expenditures, investment activities and portfolio managementÿCorporate Financing:?ÿÿÿPrepare, consolidate, and finalize Strategic Plan & Financial Implications (PL, BS, CF, Medium Term Funding Plan)ÿ?ÿÿÿPrepare, consolidate, and finalize Budget & Forecastÿ?ÿÿÿReview and analyse monthly financial results (B/S, P&L and cash flow) and provide key observations / recommendations to ManagementÿGovernance, Financial Risk Control, Transformation:?ÿÿÿDevelop SLAs to govern treasury activities and key touch points with Divisions and Business Units?ÿÿÿEnsure compliance with DOA through review of documentation (for example banking mandates, dealing mandates, account opening and closing)?ÿÿÿPerform KYC duties and update relevant documents with the banks (for example trade license, passport copies, sanctions undertakings/questionnaires, FATCA, etc.) consultation with Legal and Tax where required
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