Assistant Manager Treasury | Dubai Holding
A well-known and well-reputed Company based in Dubai, United Arab Emirates is looking for an experienced, skilled, competent, mature, qualified, creative, and intelligent candidate with significant knowledge and relevant working experience for the position of “Assistant Manager-Treasury”.
| Company Name | Dubai Holding |
| Qualification | Bachelors Degree | Masters Degree |
| Experience | 7 – 8 years of Relevant Experience Required |
| Monthly Salary | 18,000 AED – 20,000 AED |
| Employment Type | Full Time | Permanent |
| Company Size | 50-100 Employees |
| Benefits | Medical Insurance |
| Location | Dubai |
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Dubai Holding Entertainment currently has an exciting career opportunity within its Corporate Team. We are looking to hire an Assistant Manager – Treasury to support the Director of Finance across all aspects of the treasury function including cash management, lender reporting, account bank management, internal management, financial reporting and financing documentation.
Key Accountabilities (Includes, but not limited to the following):
- Prepare and consolidate short term cash flow forecasts on a bi-weekly basis and summarize in a succinct presentation format.
- Prepare long term business plan forecast and update on regular basis.
- Produce regular treasury management information reporting packs.
- Liaise with banks on daily ad hoc queries (lenders as well as operating account banks).
- Prepare regular information packs for sharing with lenders as required under the facility agreements.
- Transactional support (Payments, Hedging, LC facilities, Fixed Deposits etc).
- Preparing and maintaining detailed files and reports for each debt facility to include
- Key details top sheet /Dashboard
- Project Details (IDC approvals, current status, approved/ revised feasibility)
- Preparing a complete set of facility docs in copy/ archiving
- Listing of all covenants (financial/ non-financial, positive/ negative)
- Listing of all Security details (Mortgage, DSRAs, guarantees, other collaterals)
- Assignments of receivables Listing of all Assignments (Insurance, APG, PBs etc.)
- Listing of other key items (Disposals, Dividends, cross defaults, EODs)
- Unique items (Building up of sinking funds, Cash/ Deposit under lien)
- Reporting Requirements (Financials, Project cash flow templates, construction updates
- templates, compliance)
- Flowcharts (account structure, entity structure, ultimate guarantee)
- Record keeping log of all items provided/ completed (financials, updates, site visits etc.)
- Profit sharing mechanisms
- Hedging requirements/ hedging done
- Rate fixing sheets
- Funding banks listing, offloads etc.
- Internal/ External Feasibilities
- Ensuring receipt of complete handover from the Funding team for each debt transaction and any
- subsequent update.
- Consolidating the above into a Group level master dashboard and ensuring that it is continuously updated.
- Preparing and maintaining a treasury calendar to include Repayments
- Interest servicing
- Reporting requirements and associated timelines
- Hedging requirements and associated timelines
- Assignment deadlines and associated timelines
- Sinking funds requirements and associated timelines
- Financials and associated timelines
- Monthly debt outstanding and associated timelines
- Compliance certificates and associated timelines
- Project Status
- DSRA
- Other debt specific requirements
- Log of all documents
- Revisions by date
- Listing of all guarantees by entity (corporate/ cross)
- Any other duties as may reasonably be requested by management team from time to time.
- Follow all relevant QHSE-IMS procedures and relevant legal requirements so that a certain minimum level of product/service quality can be guaranteed, personal health & safety, the safety of others and company assets are not jeopardized, and the activities carried out are consistent with DPR’s vision of environmental protection and safety
Education, Experience & Skillset
- Finance based bachelor’s degree and/or accounting qualification (Eg. ACCA, ACA, CIMA)
- 7-8 years; 3-5 years at supervisory role
- Previous experience working within a finance role
- Understanding of key finance function deliverables such as bank reconciliations and management information reports
- High level of attention to detail
- Ability to take ownership of tasks and operate in a result driven environment
- Strong analytical skills and ability to work with high volumes of data
- Ability to deliver to deadlines
- Strong interpersonal skills
- Highly proficient with MS Excel
- Experience working within a treasury function
- Previous exposure to debt financing
- Excellent writing, communication and presentation skills
- Ability to use Oracle
Dubai Holding Entertainment is proud to be an equal opportunity employer. We celebrate people from all backgrounds and cultures and are committed to creating a diverse environment. As much as we would be delighted to entertain all applicants, due to high volumes of applications only successful applicants will be contacted.