Who we are
GMG is a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, everyday goods, health and beauty, properties and logistics sectors. Under the ownership and management of the Baker family for over 45 years, GMG is a valued partner of choice for the world's most successful and respected brands in the well-being sector. Working across the Middle East, North Africa, and Asia, GMG has introduced more than 120 brands across 12 countries. These include notable home-grown brands such as Sun & Sand Sports, Dropkick, Supercare Pharmacy, Farm Fresh, Klassic, and international brands like Nike, Columbia, Converse, Timberland, Vans, Mama Sita's, and McCain.
Job Summary
The VP Corporate Finance will oversee GMG's Treasury and Insurance functions, ensuring effective cash and liquidity management, financial risk mitigation, and insurance coverage across all group entities. The role acts as a strategic partner to executive leadership in optimizing capital allocation, managing financial risk, and safeguarding company assets. The incumbent will establish robust policies, processes, and controls, and will be responsible for driving efficiency, risk management, and strategic financial decision-making across the organization.
Accountability
Core Responsibilities:
- Lead Treasury and Insurance functions across GMG's businesses, ensuring efficiency, compliance, and alignment with group strategy.
- Manage liquidity, cash flow forecasting, banking relationships, debt facilities, and investment of surplus funds.
- Design, implement, and monitor risk management frameworks, including FX, interest rate, credit, and operational risks.
- Ensure appropriate insurance coverage across all asset classes, business operations, and employee benefits.
- Provide strategic recommendations on capital allocation, debt management, and insurance strategy.
- Ensure compliance with regulatory and statutory requirements in all jurisdictions.
- Prepare short-term and long-term cash flow forecasts, ensuring optimal liquidity and working capital.
- Manage day-to-day treasury operations, including cash positioning, bank accounts, and fund transfers.
- Oversee financing arrangements, debt instruments, and covenant compliance.
- Develop treasury and insurance policies, procedures, and reporting frameworks.
- Evaluate and negotiate insurance programs, manage claims, and ensure cost-effective coverage.
- Conduct financial risk assessments and implement mitigation strategies.
- Provide accurate and timely Treasury and Insurance reports to the CFO, Board, and Audit Committee.
- Lead process improvement initiatives, automation, and treasury system enhancements.
- Collaborate with internal and external auditors to ensure adherence to regulatory requirements.
People Management:
- Lead and mentor a high-performing Treasury and Insurance team.
- Define clear KPIs, objectives, and performance expectations.
- Foster a culture of accountability, continuous improvement, and collaboration.
- Drive talent development, succession planning, and team engagement initiatives.
Functional/Technical Competencies:
- Expertise in Treasury operations, cash management, liquidity planning, debt, and working capital optimization.
- Strong knowledge of corporate insurance programs and risk mitigation strategies.
- Advanced proficiency in financial modeling, forecasting, and scenario planning.
- Proficiency in ERP, Treasury Management Systems (TMS), and reporting tools.
- Strategic business partnering, influencing, and stakeholder management skills.
- Ability to lead finance transformation initiatives, process optimization, and automation.
Job Requirements
- Bachelor's degree in Finance, Accounting, Economics, or related field (mandatory). MBA or relevant advanced degree is a plus.
- CPA, CFA, ACCA, CMA, or an equivalent professional certification in finance or accounting.
- 1215 years of progressive corporate finance experience, with at least 5 years in treasury or corporate finance leadership.
- Proven track record managing multi-entity cash, debt, and insurance programs.
- Experience with banking relationships, financing structures, and risk management frameworks.
- Prior experience in a multi-national, multi-jurisdictional environment is preferred.
- Fluency in English is required; proficiency in Arabic is preferred. Additional language skills relevant to MENA and Asia regions would be an advantage.
Why Join GMG
At GMG, we're dedicated to nurturing a vibrant, inclusive, and engaging work environment that promotes growth, innovation, and well-being. Join us in our mission to inspire victories that make the world better for our team, our consumers, and our communities.
If you're seeking a challenging role where you can make a significant impact, we'd love to hear from you. Apply today to become a part of our journey.
What we offer
- An opportunity to become part of diverse teams with international exposure
- Comprehensive family medical insurance
- Family residency sponsorship and flight allowances
- Up to 30% discount in our premium retail sports brand stores
- Up to 20% discount in our pharmacy chain
