Role description

• Assist in preparing daily liquidity and cash position reports for assigned bank accounts and treasury exposures.
• Prepare transfer instructions, online payments, and funding movements for review and approval.
• Monitor balances and promptly highlight funding requirements or excess liquidity to the Treasury team.

• Update internal and external loan and deposit schedules, including drawdowns, settlements, rollovers, and maturities.
• Prepare standard loan and deposit request letters for review before submission.
• Match bank confirmations to approved transactions and escalate discrepancies.

• Assist with intercompany loan reconciliations and supporting schedules.
• Prepare interest calculations, accruals, foreign exchange revaluation workings, repayments, and closing entries for review.
• Maintain supporting documentation and respond to routine audit requirements.

• Post routine treasury transactions in SAP TRM/ERP, including loans, deposits, treasury bills, foreign exchange, bank charges, and interest, subject to review.
• Prepare bank reconciliations, treasury schedules, and month-end journals.
• Maintain complete supporting documentation and assist with internal and external audit requests.

• Update bank account, signatory, and KYC records based on approved requests.
• Follow treasury controls, approval matrices, and segregation-of-duties requirements.
• Coordinate routine operational follow-ups with business units, banks, Financial Reporting, Tax, Legal, and GTC.

• Support SAP TRM, SWIFT, online banking, cash management, and process automation initiatives.
• Participate in user testing, data preparation, training, standard operating procedure updates, and process documentation.
• Suggest practical improvements and escalate identified control gaps.

Qualifications and experience

• Bachelor’s degree in accounting, finance, commerce, or a related discipline, with a minimum of one to two years of relevant experience in treasury, accounting, banking operations, or financial reporting.
• Exposure to a medium or large organization, shared-service environment, or bank is preferred.
• Basic knowledge of treasury accounting, cash position and liquidity reporting, bank reconciliations, loan and deposit schedules, interest and foreign exchange calculations, and SAP ERP or SAP TRM. Good Excel skills, accurate data preparation, document control, and clear written and verbal communication are required.
• Eager to learn, organized, detail-oriented, and dependable, with the ability to follow procedures and meet deadlines. Proactive in escalating issues, comfortable working with multiple stakeholders, and a collaborative team player.

About the Company

Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.

The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.

The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.