Assistant Manager – Cash Management Job in Dubai UAE
Company : Al Futtaim Private Company LLC
Location : Dubai, UAE
Timing : Full time
JOB DESCRIPTION
- Assist in determining Group and country cash levels.
- Decide on necessary actions to be taken based on the daily cash position, facility utilization and headroom
- Provide inputs and recommendation to Senior Manager – Cash Management to mobilize cash to manage liquidity efficiently (minimize interest costs)
- Ensure efficient cash management on a daily basis by working closely with the Senior Manager – Cash Management, as well as the Invoice-to-Pay (I2P), divisions and business units’ Financial planning and analysis (FP&A) teams.
- Ensure that accounts are funded in right currency and on-time
- Assisting in optimization of cash concentration at header level whilst ensuring the divisions’ daily liquidity requirements
- Assist in negotiation of group and country cash pooling arrangements
- Regularly reviewing the structure and pricing of cash management solutions
- Ensure proper records are maintained in Treasury Management Systems (TMS) for all transaction, working closely with Treasury Back Office Tower (TBOT)
REQURIEMENTS
- Bachelor’s degree in Finance/accounting or equivalent – Masters degree is a plus or a professional qualification in finance eg. CFA, FRM, ACT etc.
- Three to five years of experience in a similar role with a large conglomerate or a large multinational corporation. Knowledge of banking products – Trade Finance
- Excellent skills and knowledge of Microsoft Office
- Knowledge of SAP TRM or equivalent is a plus
- analytical skills