Assistant Treasury Manager - Corporate Finance

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 A"rab 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
world's most admired and innovative brands. Al-Futtaim Group's
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.

Overview of the role
* The jobholder will support the management of debt facilities provided by the Global Treasury Center, Egypt to Al Futtaim businesses across Real estate, Automotive, Retail, Contracting and Healthcare divisions in Egypt. Facilities include working capital, Revolving Credit Facilities, and Project Finance Facilities. Key activities will include loan documentation, loan operations, analysis and reporting of covenants and undertakings with lenders and agencies. In addition, the jobholder will support other treasury activities performed by GTC including banking relationship management, trade finance, and reporting.

What you will do
‎1. Handle and monitor bank debt including:
* RCFs,
* Term loans,
* WCFs,
‎2. Handle loan operations and relationships with lenders
‎3. Handle the communication with business units in terms of reporting,
covenant monitoring.
‎4. Post execution of facility transactions, in charge of meeting CPs
requirements.
‎5. Prepare loan drawdown requests with related supporting documents.
‎6. Check interest rate setting and fee advices.
‎7. Arrange for WCFs limit requirements for Egypt businesses and coordinate
with relationship banks.
‎8. Monitoring loans utilizations as per executed limits.
‎9. Review loans terms and conditions including alignment GTC UAE, Group
Legal, Businesses and the lenders.
‎10. Support treasury reporting framework including:
* Preparation of weekly/monthly facilities utilization report and limit allocations.
* Provide support to both FSSC and Auditors in the preparation and review of financial statements.
* Review of all disclosure loans-related notes in the drafted financial statements on semi-annual basis.
‎11. Ensure all loans are recorded in Treasury Management System ("TMS"),
support the implementation of TMS in order to meet daily-loan-operation needs,
set up facilities and limits in TMS, and record drawdowns.
‎12. Provide support to the cash management and trade finance activities
through coordination with relationship banks and documentation management

Required skills to be successful
* The jobholder needs to demonstrate strong organization and communication skills with full understanding of debt products, as well as good knowledge of banking practices and internal operational processes.
* Job-Specific Skills: Good knowledge of loan documentation, comfortable with using TMS, Anaplan for loan monitoring purposes.
* Behavioral Competencies: excellent communication and interpersonal skills, fact-based approach towards daily deliverables.

About the Team
* This role reports to the Head of Global Treasury Center and will be an individual contributor. You will be working with teams across the Group as well as with banks.

What equips you for the role
* Minimum Qualifications and Knowledge: Bachelor's degree minimum required. Fluent in both Arabic and English languages.
* Minimum Experience: ideal candidate would have ‎5 to ‎7 years' experience in treasury / funding functions.

We're 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.