Treasury Operations Manager

Job Purpose:

As a member of Treasury Back office team, you will be supporting the Al Futtaim Global Treasury Centre (GTC) and the Business Units on the following:

• Liquidity Management through reporting and payment operations
• Loan operations which include drawdown, settlements, roll overs of loans post review of cash flow
• Forex back office operations including confirmation processing, settlements etc.
• Settlements and Accounting journals for all treasury related transactions through SAP TRM/ERP
• Month end closing activities and audit
• Treasury related projects- identification and implementation including Solution design, testing, training and process blueprint
  
  

Key Accountabilities:

Daily Liquidity management:

• Preparation of daily liquidity report for all the Group's bank accounts and Treasury exposures
• Verification of all transfer letters manually / online in a timely manner to manage the funds appropriately.
  
  

Loan and deposit operations:

• Supporting GTC by the provision of necessary reporting in relation to the Group's loan portfolio of both internal and external loans.
• Preparation of /drawdown / settlement / rollover / pre-settlement request letters in a timely manner either manually / online
• Preparation and submission of deposit placement requests to banks and ensuring the receipt and matching of bank confirmations
  
  

Inter Company:

• Ensuring a full control on the Inter company loans between entities in the Group
• Reconciliation of these Loans
• Fixing interest on all loans
• Revaluation of Inter company Loans
• Submission of Audit requests
• Closing out all required Loans with regard to the Project
• Assisting with queries related to Inter company loans
• Resolving accounting issues relating to these Loans
  
  

Forex and derivatives:

• Ensuring that Forex are confirmed and settled after reviewing bank confirmations
  
  

Accounting & Audit:

• Ensuring that all treasury related transactions (Loans, liquidity, Forex, Trade finance, charges & Interests) are accounted in a timely manner through processes in SAP TRM or ERP
• Ensuring all month end treasury activities of reconciliations, treasury schedules, audit schedules are prepared in a timely manner.
  
  

Treasury Projects:

• Supporting Senior Manager Treasury Operations in identifying and implementing various initiatives to improve productivity and mitigate risk in the Treasury Back Office
• Supporting Senior Manager Treasury Operations, Global Treasury Centre in various strategic initiatives such as In-House banking/ cash pooling projects, SAP TRM rollouts, SWIFT rollouts, Online banking, SAP TRM upgrades.
  
  

Qualifications & Experience:

• Master's degree in commerce with a minimum of five years of experience within the Treasury function of a medium to large organization or banks, CTP is a plus.
• Analytical, process oriented, good communication skills, exposure to ERP
• Behavioural Competencies: Should be able to plan and prioritize tasks, Self-motivated; and a strong team player.