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Assistant Treasury Manager

1.00 to 10.00 Years   Egypt   19 Jan, 2023
Al Futtaim Group
1 Jobs Openings
Job LocationEgypt
EducationNot Mentioned
SalaryNot Mentioned
IndustryAccounting
Functional AreaNot Mentioned

Job Description

Assistant Treasury Manager - Corporate Finance | Corporate Services | CairoOverview of the role

  • The jobholder will support the management of debt facilities provided by the Global Treasury Center, Egypt to Al Futtaim businesses across Real estate, Automotive, Retail, Contracting and Healthcare divisions in Egypt. Facilities include working capital, Revolving Credit Facilities, and Project Finance Facilities. Key activities will include loan documentation, loan operations, analysis and reporting of covenants and undertakings with lenders and agencies. In addition, the jobholder will support other treasury activities performed by GTC including banking relationship management, trade finance, and reporting.
What you will do1. Handle and monitor bank debt including:
  • RCFs,
  • Term loans,
  • WCFs,
2. Handle loan operations and relationships with lenders3. Handle the communication with business units in terms of reporting, covenant monitoring.4. Post execution of facility transactions, in charge of meeting CPs requirements.5. Prepare loan drawdown requests with related supporting documents.6. Check interest rate setting and fee advices.7. Arrange for WCFs limit requirements for Egypt businesses and coordinate with relationship banks.8. Monitoring loans utilizations as per executed limits.9. Review loans terms and conditions including alignment GTC UAE, Group Legal, Businesses and the lenders.10. Support treasury reporting framework including:
  • Preparation of weekly/monthly facilities utilization report and limit allocations.
  • Provide support to both FSSC and Auditors in the preparation and review of financial statements.
  • Review of all disclosure loans-related notes in the drafted financial statements on semi-annual basis.
11. Ensure all loans are recorded in Treasury Management System (?TMS?), support the implementation of TMS in order to meet daily-loan-operation needs, set up facilities and limits in TMS, and record drawdowns.12. Provide support to the cash management and trade finance activities through coordination with relationship banks and documentation management

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