Manager Treasury Operations - Al-Futtaim - Dubai, UAE

AlFuttaim; Dubai; On-site; AED 223,200 - 312,480; Full time

Job summary

The Manager Treasury Operations role at Al-Futtaim Dubai is pivotal in managing liquidity, foreign exchange, and treasury accounting. You will prepare daily liquidity reports, ensure timely execution of payments, manage loan portfolios, and record transactions in SAP TRM.

Ideal candidates should have a master's degree in finance, five years of treasury experience, and strong analytical skills. This strategic position offers exposure to complex treasury operations as part of a value-driven work environment.

Qualifications

• Minimum five years of experience in a treasury function.
• Hands-on experience with ERP systems, preferably SAP TRM.
• Strong understanding of liquidity management and treasury accounting.

Responsibilities

• Prepare daily liquidity reports for treasury exposures.
• Manage deposit placements and reconcile bank confirmations.
• Support treasury transformation initiatives including cash pooling.

Skills

Liquidity management

Foreign exchange

Treasury accounting

Analytical skills

Communication

Education

Master's degree in finance or related field

Professional accounting qualification

Tools

SAP TRM

ERP systems

Job description

Position Overview

The Manager Treasury Operations role at Al‑Futtaim Dubai supports the Global Treasury Centre by managing liquidity, loan and deposit activities, foreign exchange and derivative transactions, and treasury accounting. This position plays a key role in ensuring efficient treasury operations, strong controls, and effective collaboration with banks and internal stakeholders across the Group.

Job Details

Country: UAE
City: Dubai
Industry: Financial Services
Function: Corporate Finance
Salary: 20000-28000 monthly (Market estimated)
Gender: Any
Candidate Nationality: Any
Job Type: Full-time

Key Responsibilities

• Prepare daily liquidity reports covering group bank accounts and treasury exposures
• Review and verify fund transfers and ensure timely execution of treasury payments
• Coordinate intra‑company transfers and manage cash pooling activities
• Support reporting and administration of internal and external loan portfolios
• Prepare loan drawdown, rollover, settlement, and pre‑settlement documentation
• Manage deposit placements and reconcile bank confirmations
• Control and reconcile inter‑company loan balances and interest calculations
• Support audit requests and resolve accounting matters related to treasury activities
• Ensure confirmation and settlement of foreign exchange, derivatives, and interest rate swaps
• Record all treasury transactions accurately in SAP TRM and ERP systems
• Prepare month‑end reconciliations, schedules, and audit documentation
• Post accounting journals related to treasury activities in a timely manner
• Support treasury transformation initiatives including cash pooling, in‑house banking, SAP TRM rollout, and SWIFT implementation
• Develop and maintain treasury process documentation, SOPs, and process blueprints

Ideal Profile

• Professional accounting qualification with a master's degree in finance, accounting, or a related field
• Minimum five years of experience within a treasury function in a medium to large organization or banking environment
• Strong understanding of liquidity management, loans, forex, and treasury accounting
• Hands‑on experience with ERP systems, preferably SAP TRM and ERP platforms
• Strong analytical, problem‑solving, and organizational skills
• Excellent communication and stakeholder management abilities
• Ability to prioritize tasks and work effectively within a team environment

Why Join Us

• Strategic role within a centralized global treasury function
• Exposure to complex treasury operations across a diversified regional group
• Opportunity to contribute to large‑scale treasury transformation projects
• Collaborative and values‑driven professional work environment

About the Company

Al‑Futtaim Group is one of the region's most diversified and progressive business groups, headquartered in Dubai. Operating across automotive, financial services, real estate, retail, and healthcare, the Group partners with leading global brands and employs thousands of professionals across the Middle East, Asia, and Africa. Al‑Futtaim is driven by a strong customer focus and values of respect, integrity, collaboration, and excellence.