Assistant Manager – Treasury

GMG; Dubai; On-site; AED 250,000 - 350,000; Full time

Job summary

A leading well-being company in Dubai is seeking an experienced Treasury Operations Manager to oversee cash management, treasury reports, and compliance. The ideal candidate will have a professional qualification like ACCA or CPA and at least 5 years of relevant treasury experience, preferably in the retail sector. This role offers opportunities for process improvement and system support.

Qualifications

• Professional qualification such as ACCA, CPA, ACA or equivalent required.
• Minimum of 5 years of relevant experience in treasury operations.
• Experience in retail or consumer-facing industry preferred.

Responsibilities

• Monitor daily cash positions across multiple bank accounts.
• Prepare cash flow forecasts and manage fund transfers.
• Prepare treasury-related reports and ensure compliance.
• Assist in automation and digitization of treasury processes.
• Liaise with internal departments for cash flow planning.

Skills

Liquidity management

Cash flow forecasting

Banking operations

Treasury compliance

Stakeholder engagement

Education

Professional qualification (ACCA, CPA, ACA or equivalent)

Job description

Who we are:

GMG is a global well-being company retailing distributing and manufacturing a portfolio of leading international and home-grown brands across sport everyday goods health and beauty properties and logistics sectors. Under the ownership and management of the Baker family for over 45 years GMG is a valued partner of choice for the worlds most successful and respected brands in the well-being sector. Working across the Middle East North Africa and Asia GMG has introduced more than 120 brands across 12 countries. These include notable home-grown brands such as Sun & Sand Sports Dropkick Supercare Pharmacy Farm Fresh Klassic and international brands like Nike Columbia Converse Timberland Vans Mama Sitas and McCain.

Key Responsibilities

Liquidity & Cash Management

• Monitor daily cash positions across multiple bank accounts to ensure sufficient liquidity.
• Prepare short-term and long-term cash flow forecasts.
• Manage intercompany and external fund transfers in line with internal policies.
• Identify idle cash balances and recommend actions to optimize returns or reduce interest costs.

Banking Operations

• Coordinate with banks on transactions documentation and account management.
• Assist in opening/closing bank accounts and updating authorized signatories.
• Monitor and reconcile bank charges to ensure optimal banking costs.

Treasury Reporting & Compliance

• Prepare treasury-related reports (liquidity reports bank utilization debt schedules).
• Ensure compliance with internal treasury controls and company policies.
• Support documentation and audit processes related to treasury.

Process Improvement & System Support

• Assist in automation and digitization of treasury processes.
• Support implementation and maintenance of treasury systems or cash management tools.

Stakeholder Engagement

• Liaise with internal departments (Finance Accounts Payable FP&A) for cash flow planning and funding needs.
• Address treasury-related queries from business units.

Job Requirements

Educational Qualifications

• Professional qualification such as ACCA, CPA, ACA or equivalent.

Experience

• 35 years of relevant experience in treasury operations.
• Experience in retail or consumer-facing industry preferred.
• Strong understanding of cash flow forecasting banking products and treasury controls.