bayt.com
Job Description
Finance Manager | Asset & Liability Management | FP&A | Al Futtaim Automotive | Dubai
SPECIFIC ACCOUNTABILITIES:
Asset and liability Management
– Implementing an assets and liabilities strategy (gapping) that optimizes the company’s return, in accordance with the ALM Committee guidelines/ recommendations.
– Preparing ongoing assessment of asset & liability mismatches and managing the implementation of required short- and medium-term financing structures
– Develop risk measures, scenario analysis and stress testing and mitigating actions, to ensure all material risks are identified, quantified, managed, and reported.
– Support the management for capital, liquidity, interest rate, and other balance sheet risks via reporting against appetite and modelling forward-looking impacts and solutions.
– Determine the Company’s goals and funding risk and interest rate risk tolerance
– Management and mitigation of Liquidity Risk (including risks emanating from placement of fixed deposits)
– Management and mitigation of Foreign Currency and interest rate Risk
Cash Management
– Preparation of biweekly cash flow of financials services entities for submission into automotive Anaplan system, ensuring necessary alignment with different stakeholders
– Partner with business team to improve liquidity, over deliver budget targets, and actively manage working capital.
– Managing daily cash balances, and surplus cash for other assets
– Deliver insightful analysis of actual and projected capital, liquidity and Funding resources and constraints, to the business.
Policies and Procedures
– Understand and manage appropriate accounting procedures and processes related to debt and equity funding
– Support preparation of fiscal records and financial plans, policies, and reports
– Ensure compliance with policies
– Evaluates capital expenditures, investment activities and portfolio management
Corporate Financing
– Prepare, consolidate, and finalize Strategic Plan & Financial Implications (PL, BS, CF, Medium Term Funding Plan)
– Prepare, consolidate, and finalize Budget & Forecast
– Review and analyse monthly financial results (B/S, P&L and cash flow) and provide key observations / recommendations to Management
Skills
About you:
Education:
– Qualified in Finance or Accounting (CA, CPA, CFA)
– Understanding of forex and treasury accounting including FX, liquidity, cashflow and various financial instruments
Minimum Experience and Knowledge:
– 8 to 10 years of Automotive and or banking experience preferable
– Strong understanding of cash flow concepts / principles and forecasting a must with particular focus on Direct Cash Flow.
– Experience in Managing balance sheet risks and mitigation strategy
– Excellent communication, analytical, written, and interpersonal skills, and proven ability to work with global finance teams.
– Understanding of financial markets, financial instruments and debt instruments
– Knowledge of banking relationships and covenants
– Established record in managing multiple and competing priorities. Ability to meet deadlines and work well under pressure in a fast-paced environment
– Strong capabilities in complex financial modelling
– Intermediate to advanced computer software skills, including Excel and other accounting packages
– Strong commercial experience and business understanding
– Knowledge of SAP BPC and Anaplan