18 Oct
Al-Futtaim
Dubai
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 Arab 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 organization 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
**Role Overview**
The primary purpose of this role is to assist Financial Controller (Treasury)/GM (Corporate Finance and Treasury) in:
- Fund raising/ Loan refinancing
- Capital structuring
- Investments (Origination, Evaluation and Execution)
- M&A; support
- Managing/Monitoring debt portfolio
- Cash and liquidity management
- Risk management
for Al Futtaim Real Estate entities in UAE, Egypt, Qatar, and other countries as required **by carrying out necessary background work and analysis related to the work stream**
**KEY ACCOUNTABILITIES**:
**Investments and Financing Strategy**
- Support senior leadership through insightful analysis and articulate presentations on new investment ideas, financing/asset monetisation proposals and capital structuring initiatives
- Be a key member of the team working on Al Futtaim Group Real Estate by contribution of ideas/inputs and working across different divisions and stakeholders to implement M&A; and investment decisions
- Support in Transformational Projects and Strategic ad hoc analysis to support leadership decisions
**Project Financing**
- Prepare and maintain Internal/Bank Financial Models and relevant supplementary documents to support and aid decision making to management
- Preparing Bank information memorandums and arranging other documents required for Project Financing
- Liaison with Group Treasury and Corporate Finance by providing relevant expertise and business information related to financings
**Loan Operations and Monitoring**
- Periodic Covenant forecasting and monitoring based on cashflow inputs from Finance and updated Bank models
- Maintaining detailed loan schedules for loans in UAE and other regions (Doha, Egypt) along with debt service and reporting timetable
- Handling communication and documentation with Group Treasury related to loan operations (e.g., Interest Selection notices, Drawdown requests)
- Co-ordinating with Finance to prepare and review reports on Loan covenants and compliance
**Management reports**
- Preparing insightful analysis and presentation for management from corporate finance perspective
- Leading preparation of corporate finance and treasury slides for monthly, quarterly and annual management reporting packs
- Providing required treasury inputs to relevant finance teams during the time of budgets and bi-weekly/monthly cash flow forecasts
- Identifying any liquidity issues based on cash flow forecasts
**Cash and Liquidity Management**
- Daily Cash and Debt Balance reporting for UAE, Egypt and Doha highlighting key movements
- Ensuring timely placement of deposits and minimisation of excess cash balances as per cash management strategy
**Job Context**:
This position is extremely critical to ensure timely and smooth management of AFGRE cash and loan portfolio and has direct monetary impact.
Organisational policy and other factors that have a critical impact on the job are:
- Bank and EIT Security Policy
- Cash Management and Risk Management Policy
- Group Treasury Policy around Bank Mandates and relevant DoAs
**Minimum Qualifications and Knowledge**:
- Business degree in Accounting, Economics or Finance
- Professional Qualification such as CFA or Certificate in Financial Modelling, M&A; will be additional advantage
**Minimum Experience**:
- 5-8 years’ experience in Investments, M&A; and Corporate Finance with at least 5+ years of experience in the finance field with particular focus om financial modelling, investment advisory, M&A; and valuations
- Experience with deals/transactions teams of reputed international advisory firms (e.g., Big4, Banks) will be additional advantage
**Job-Specific Skills**:
- Advanced excel based financial modeling skills with familiarity with debt structuring models
- Familiarity with LMA loan documentation clauses and customary covenants
- Outstanding skills in Microsoft excel and Microsoft Power point
- Basic understanding of Bank operations and Banking product and services
- Familiarity with Bloomberg or other Treasury tools will be added advantage
- Ability to communicate with all levels within the
▶️ Assistant Treasury Manager
🖊️ Al-Futtaim
📍 Dubai