Finance Manager Full-time Job

3 weeks ago   Accounting & Finance   Dubai   114 views Reference: 27100
Job Details

An opportunity has arisen for a Finance Manager - Treasury & Insurance to join Jumeirah Group & Corporate. The main duties and responsibilities of this role:

Create and manage short-term and long-term cash flow forecasts to help anticipate funding needs and make informed financial decisions, including the placement of fixed deposits.

Collaborate with multiple departments to enhance cash flow and capital expenditure processes, resulting in more accurate and insightful forecasting.

Support the development and management of cash flow forecasts for budgeting purposes.

Establish and manage relationships with banks, payment providers and credit card providers to identify solutions and resolve issues.

Ensure internal reports on loans are issued to ensure compliance with covenants.

Monitor intra-group loans, providing accurate reporting and insights.

Manage the forecasting of swap agreements and finance costs, providing valuable insights to mitigate potential losses from interest rate changes, foreign currency fluctuations and other market risks.

Collaborate with finance and accounting teams to provide accurate and timely financial reporting for treasury related activities.

Manage the issuance and administration of the group’s corporate credit cards.

Review bank mandates and online portals to ensure compliance with internal policies.

The ideal candidate for this position will have the following experience and qualifications:

Bachelor's or Master's Degree in finance, accounting, business administration, or a related field is essential for this role.

Professional Certifications such as Certified Treasury Professional (CTP), Certificate from the Association of Corporate Treasurers (ACT), ICAEW Chartered Accountant Qualification (ACA), Chartered Institute of Management Accountants (CIMA), or Chartered Financial Analyst (CFA)

+3 years’ experience in finance, treasury management, and financial analysis, including a deep understanding of cash flow forecasting, liquidity management, and investment strategies. · Understanding of insurance management, including insurance types, risk assessment, claims processing, and building relationships with insurance providers.

Proficiency in creating and managing complex financial models for cash flow forecasting and scenario analysis to support strategic decision-making.

Previous experience in managing banking relationships and optimizing cash management practices with a variety of banking partners.

Expertise in identifying, assessing, and mitigating financial risks through proactive risk management strategies and comprehensive insurance coverage.

Company Description
Jumeirah Group, a member of Dubai Holding and a global luxury hotel company, operates a world-class 6,500+-key portfolio of 26 luxury properties across the Middle East, Europe and Asia. The group boasts some of the most prestigious and captivating properties in the world, from the iconic flagship hotel and timeless pinnacle of luxury, Burj Al Arab Jumeirah, and lavish Arabian palaces across Dubais Madinat Jumeirah, to its contemporary Maldivian island paradise at Olhahali Island and art-inspired dolce vita on the island of Capri. Whether a modern twist on a British classic in the heart of Knightsbridge at The Carlton Tower Jumeirah, or a futuristic setting at Jumeirah Nanjing, Jumeirahs name is synonymous with service excellence, crafting exceptional experiences for everyone who walks through its doors. Beyond its properties and resorts, Jumeirah Group is also dedicated to destination dining experiences, combining the most authentic and diverse cuisines with spectacular settings to create those unforgettable moments worth sharing. With over 85 restaurants across its portfolio, Jumeirah Groups award-winning homegrown concepts including Sal, KAYTO, Shimmers, Al Mare, Pierchic and French Riviera, enjoy an enviable reputation for culinary excellence, with ten featuring in the Gault&Millau UAE 2022 guide. The group also has three Michelin starred restaurants Shang High, LOlivo and Al Muntaha. The health and safety of guests and colleagues remains Jumeirah Groups utmost priority and as such, the group has implemented a series of protective measures across all of its hotels and strictly adheres to each markets respective government directives.