Associate Manager - Treasury

BUSINESS INTRODUCTION

Majid Al Futtaim Holding is the leading shopping mall, retail, communities, entertainment developer and operator in the Middle East, North Africa, and Central Asia regions. With over 43,000 people, revenues of over US$ 11 Billion, and operations in 18 countries. Some of the iconic brands we carry include Mall of the Emirates, Carrefour, All Saints, Lego, City Center, Abercrombie & Fitch, & Vox Cinemas. We believe in making Great Moments for Everyone, Every day.

JOB TITLE

Associate Manager – Treasury | Head Office | Lahore Pakistan

Role Purpose

The Manager – Finance is responsible for establishing reliable financial reporting system within MAF Retail to monitor the progress of the organization's objectives and provide stakeholders with relevant financial data for the decision-making process.

Role Details – Key Responsibilities And Accountabilities

• Monitor daily cash positions, liquidity, and banking facilities to ensure adequate funding for business requirements.
• Support cash flow forecasting, funding requirements, and monitoring of actual cash flows against forecasts.
• Manage banking relationships and coordinate day-to-day banking activities and requirements.
• Oversee sales, bank, and payment reconciliations, including card, QR, and other electronic payment settlements.
• Monitor and resolve outstanding, unreconciled, and settlement-related transactions within agreed timelines.
• Review Treasury-related accounting postings, including bank charges, settlements, and fund transfers.
• Coordinate bank account, mandate, and authorized signatory updates, ensuring required approvals and documentation.
• Prepare daily, monthly, and periodic Treasury reports and ensure timely submission of month-end reports to Corporate Retail Treasury.
• Ensure compliance with Treasury policies and controls, identify financial risks, and coordinate with Accounting, Treasury, banks, and auditors on related matters.
  
  

Qualification, Experience & Skills

• Bachelor Degree in Commerce /Finance / Mathematics / Statistics
• 5+ year of experience in a similar role
• 5+ years in retail business is preferred
• High level of organization
• High attention to detail
• Good problem-solving skills
• Ability to communicate and present information
  
  

What We Offer

• At Majid Al Futtaim, we’re on a mission to create great moments, to spread happiness, to build, experiences that stay in our memories for a lifetime. We’re proud to say that over the past 27 years, we have built a reputation as a regional market leader in what we do. Join us!
• Work in a friendly environment, where everyone shares positive vibes and excited about our future.
• Work with over 45,000 diverse and talented colleagues, all guided by our Leadership Model.