Accounts Manager - Treasury - GDA - Dubai
Al Futtaim Private Company LLC, United Arab Emirates
Job Description
Accounts Manager- Treasury
Job Description:
As a member of AFSS Treasury team – to support the Automotive Business Units – on
Cash flow forecast and liquidity management
Forex exposure and managing the hedge process
Managing funded & unfunded limits requirements and optimal utilization
Ensuring day to day operating and accounting controls
Key Responsibilities:
Foreign Currency exposure
To support FM Treasury in assessing foreign currency exposure of business units on a continuous basis and ensuring adequate hedge process in place in consultation with management and Group treasury.
Banking facilities
To support FM treasury in Identifying and initiating fund based and non-fund based banking facility requirements for the business units with group treasury as per business plan and reviews
To ensure banking faculties of the Automotive Division are optimally utilized, by minimizing cost of funding.
Cash flow and Liquidity Management
Prepare cash flow forecasts and build early warning signals to ensure cash equilibrium is maintained always.
Continuously monitor bank balances and optimize effective utilization of funds and at optimal cost.
Supply chain - Business support
To ensure timely opening of import letters of credit as per automotive principal requirements and based on purchase plans of the business.
Advise business units on bank guarantee requirements of the business units and ensure timely action.
External Audit
To coordinate external Audit of the automotive entity by providing relevant explanations and schedules to Auditors and ensure smooth completion.
Job Specification
Qualifications, Experience & Skills:
Minimum Qualifications and Knowledge: Professional accounting qualification.
Minimum Experience: At least 5 years relevant experience within a large organization in a supervisory level
Job-Specific Skills: Analytical, process oriented, good communication skills, exposure to ERP
Behavioral Competencies: Should be able to plan and prioritize tasks, persuasive skills, Kaizen attitude, Self-motivated; and a strong team player.
KGM
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