Manager Treasury

About us:

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

About the Division:

Al-Ghazi Tractors Limited, the subsidiary company of Al-Futtaim group of Dubai, is a story of rollicking success. With consistent corporate achievements, the company is recognized for corporate excellence and "Best Corporate Performance".

With its Corporate office in Lahore, the AGTL plant at Dera Ghazi Khan, manufactures New Holland (Fiat) tractors in technical collaboration with CNHI - Case New Holland, the Number One manufacturer of agricultural tractors in the world. The AGTL plant, an icon of engineering dynamics operates on high efficiency. With Quality Control and Quality Assurance, quality improvement systems exist at every level. One of our mission statement reads: "Our most enduring competitive edge is the quality of tractors".

What you will do?

• Treasury & Cash Management:
  Ensure accurate execution, accounting, and compliance of all treasury and cash-related activities.
• Cash & Liquidity Management:
  Maintain fund availability, optimize fund placement, and minimize overdraft utilization by leveraging internal funds to reduce interest costs.
• LC Management:
  Handle establishment, amendments, endorsements, and retirement of LCs in coordination with Supply Chain (Import); ensure 100% accurate GL recording, monitor bank margins, and prepare monthly ageing of container deposits for management.
• Banking Operations:
  Oversee bank reconciliations for all accounts at month-end; liaise with financial institutions for limit approvals, investment negotiations, FX dealings, and other facility-related matters.
• Financial Reporting:
  Review treasury-related GLs; prepare and submit accurate schedules, balance sheet, and income statement inputs for senior management during monthly closings.
• Audit Compliance:
  Achieve zero internal audit observations in key treasury areas and ensure timely responses (within 15 days) to any audit findings.

Minimum Qualification & Experience:

Education:
ACCA/ CA Finalist/ ACMA/ MBA Finance/ CFA

• Experience:
  Minimum
  8-10 Years and have worked in various functions such as treasury, reporting, payables, payroll etc.

Job-Specific/Technical Skills required to complete the tasks:

• Knowledge of regulatory environments related to treasury functions in different regions
• Hands-on experience in financial risk management, foreign exchange, interest rates, and hedging strategies.
• Solid understanding of corporate finance principles, accounting, and regulatory requirements.
• Strong understanding of debt financing, cash flow management, and investment strategies.
• Familiarity with advanced financial modeling tools or other SAP modules
• Ability to work on various on-going projects with good organisational and time management skills
• Expert proficiency with Microsoft Excel and PowerPoint