Senior Manager-Treasury Compliance & Control | Global Treasury Centre | Corporate Services

Job Description

Job Requisition ID: 161603 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 Arab 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 worlds most admired and innovative brands. Al-Futtaim Groups 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.We are currently seeking an experienced finance professional to join our Global Treasury Centre team in the capacity of Senior Manager - Treasury Compliance & Control.Overview of the roleSenior Manager - GRCT shall assist The Head - GRCT in establishing and monitoring governance and compliance norms pertaining to Al Futtaim Groups Treasury function and undertake transformation projects. In conjunction with the other functions within the Global Treasury Centre, the Senior Manager- GRCT shall work with Head - GRCT for supporting the below strategic activities:

• Manage all aspects of Treasury governance including Treasury Policies, SOPs, SLAs, DOAs, RACIs and operating models. Work with other functions within Global Treasury Centre (GTC), Treasury Back Office Tower (TBOT) and divisions to develop, communicate and ensure compliances of all governance related matters.
• Identify transformation initiatives and improve Treasury Systems and enhance controls by standardization, automation, and adoption of best practices. Increase Treasury footprints to various geographies by rolling out Treasury Management System (TMS) and support key treasury projects such as Cash Pooling, SWIFT implementation, Inhouse cash and Group AI initiatives.
• Manage all aspects of treasury compliance as a treasury point of contact for all internal and external audit support. Assist in ensuring compliance of all treasury / banking related regulatory requirements.
• Play a key role in supporting Global Treasury Reporting, Treasury Accounting, Treasury P/L, balance sheet and related costs.
• Play a key role in reviewing treasury operations, processes, and acquisition of new treasury activities.

What you will do Strategy and Policy

• Support the Development of group wide Treasury Policies covering all functional areas under Treasurys remit.
• Review financial risk management strategies and policy amendments proposed by treasury functional heads and provide feedback on their potential impact on groups risk profile and financial performance.
• Continuously monitor the compliance of Global Treasury Policies and raise early warning signals where there are breaches of any policies.

Governance and Control

• Develop and monitor SOPs, SLAs, DOAs, RACIs and operating models to govern best in class treasury functions in coordination with GTC front office functions, divisions, and business units.
• Review of existing and amendments to banking delegation of authorities (DOA) and bank account administration.

Compliance:

• Ensure compliance with Policies, SOPs, SLAs, and RACIs agreed with divisions.
• Maintain governance of internal meetings with Group CFO, Group Treasurer and Divisional Finance teams.
• Function as the key treasury point of contact for internal and external audit support and coordinate with Treasury functions to ensure audit requirements are complied.

Treasury Transformation:

• Support the Group Treasury transformation initiatives for standardization and automation of systems and processes.
• Provide project management support in key treasury initiatives such as cash Pooling, Swift implementation, Central Funding, Inhouse cash and group AI initiatives.
• Liaison with Group IT team for alignment with overall transformation objectives and related projects.
• Review of existing treasury operations and processes and ensure acquisition of new treasury activities.

Financial Risk Management and Reporting:

• Support, analyse and provide timely Global Treasury Reporting to AFG Senior Management for all treasury exposures such as Counterparty risks, internal and external debt exposures, Cash, Forex exposures, interest income and cost.
• Develop monthly / quarterly management reports and dashboards for treasury reporting.
• Review Treasury P/L, Treasury Balance sheet and related costs

Required skills to be successful:

• Working knowledge of SAP (especially SAP TRM) and Power BI.
• Advanced Analytical, treasury related processes, banking, and treasury, hedging and trade finance
• Good communication skills
• People Management Skills.
• Maintain high degree of confidentiality.
• Strong and effective communication and presentation skills.
• Ability to work under pressure.
• Highly organised and attention to details.
• Problem Solving, Pro-active and flexible.
• Influencing colleagues and an ability to collaborate with both internal and external stakeholders

What equips you for the role

• A bachelors/masters degree in commerce/financial management/ accountancy.
• CA, CFA, CPA or similar. Treasury coursework (ACT or similar) beneficial.
• At least 3-5 years relevant experience within a large organization managing treasury operations and controls.

Were here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.Before you click apply: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.

Keyskills :
Trade Finance People Management Problem Solving Banking Hedging Treasury Collaboration accountancy communication Influencing SAP Power Bi

About Company

Al-Futtaim

Job Source: www.afuturewithus.com