Al Futtaim Jobs - Treasury Master Data Manager | Al-Futtaim Shared Service | Dubai (Dubai, AE)

Job Requisition ID: 51310 

No two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives. Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get? The chance to push the limits every single day.

 

As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, Robinsons, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.

 

Come join us to live well, work better, and be the best.

Job Title: Manager - Treasury Master Data and Online Banking Administration

Division and Company: Shared Service Finance – AL Futtaim Private Company

 

Role purpose:

 

Monitor, review and establish stronger governance and controls in relation to the Treasury Master Data and Online Banking Administration for MENA region. Currently, the Group has relationship with all major banks in all the various markets that it operates in a large number of Treasury systems and online banking users across businesses.

 

Establish stronger governance and controls pertaining to Treasury Master Data and Online banking administration through the following:

1.           Review and approval of changes to Treasury master data and Online banking as proposed by the business.

2.           Custodian and control owner of Treasury Master Data and Online Banking Administration, in terms of User Accesses, through periodic reviews.

3.           Liaison with the Banks / Payment service providers to ensure authenticity of access rights.

4.           Treasury Master Data and online banking administration reporting in line with key KPIs and KRIs.

5.           Supporting the review and sign off all online Banking Administration documentation

             

             

Key role specific accountabilities:

• Review and approval of changes to Treasury master data and Online banking as proposed by the business.
• Review the request as an Independent Approver for amendment to treasury master data (creation / modification / deletion) in BAM module and any amendment to sensitive fields in Business Partner Master Data under SAP TRM (Treasury system).
• Review the request as an Independent Approver for creation / amendment to Online banking Users acting as a System Administrator.
• The role also may liaise with Payment Service provider including Banks, Corporate Credit card service providers and other automated payment gateway channel service providers. 
• Adherence to the agreed SLAs and Policies.
• Custodian and control owner of Treasury Master Data and Online Banking Administration in terms of User Access.
• Maintains the database of Banks, online banking channels and corporate card and prepaid card service providers.
• Reviews and monitors periodically the User access within the treasury system, online banking portals and corporate cards / prepaid cards systems in coordination with the businesses.
• Work closely with the business/IT to ensure access is provided to the users in timely manner and simultaneously ensure that no SOD conflicts arise.
• Assist in developing Standard Operating procedures, process flows and related documentation pertaining to Treasury Master Data maintenance and Payment Gateway Administration.
• Liaison with the Banks / Payment service providers to ensure authenticity of access rights.
• Review new systems process to be implemented as part of Transformation to identify any new risk in terms of Master Data and Online access and work with relevant team to avoid / mitigate them.
• Treasury Master Data and online banking administration reporting in line with key KPIs and KRIs.    
• Support the development of Key Performance/Risk indicators in relation to Treasury Master Data and Payment gateway administration.
• Monitor and report Treasury compliance, risks and positions through generation of periodic review and reporting.
• Supporting the review and sign off all Online Banking Administration documentation
• Ensure that all necessary approvals are obtained, and adequate documentation is completed prior to making any change to Online Banking Administration where the bank assumes the system administration role.

             

 

Accountabilities

1. The role-holder is required to work based on policies and standard operating procedures.
2. Any deviation required shall be first highlighted to higher authorities.

Timespan of Decision –

1. One day to three months.

Resource Complexity    

2. The output of the role requires managing the heterogeneous nature of the online banking set ups, corporate card / prepaid card service providers and processes followed by them.
3. The technical knowledge of the role-holder is key to the immediate area in which they are working.
4. The role-holder is responsible to ensure that no Segregation of Duty conflicts occur at Treasury Master Data level for the use of the systems to perform the role and requires continuous monitoring

Problem Solving

1. Manage the expectation of business divisions and banks with strict adherence to the Group’s policies and SOPS on Treasury Master Data and Online Banking Administration.
2. Ensuring that system configuration limitations are taken care while performing the tasks associated with Treasury Master Data and Online Banking administration.

Discretionary Authority

1. Role-holder is required to be watchful of minor changes or variations in processes in which they are involved and to make suggestions for improvement to their line manager.
2. Most of the changes faced are driven by others at higher level and external factors driven by Banks and other payment gateway service providers.
3. Role-holder is rarely required to initiate process or procedural change on their own unless otherwise instructed by authorised persons.

Internal Collaboration  

1. Role-holder is generally required to collaborate with cross functions including Business divisions and support functions such as EIT / HR etc.
2. Collaboration is mainly for co-ordinating with different functions to ensure the set processes are carried out in desired manner

External Collaboration 

1. Role-Holder is required to directly interface with financial institutions and other service providers who are associated with the group.
2. Any other external contacts are routine in nature

 

Candidate Qualifications & Experience

• Bachelor's degree in Accounting / Business Administration / Management Information Systems, or equivalent practical experience. Postgraduates and those with professional qualification in these areas may be preferred
• Minimum Experience and Knowledge:  5-8 years (for Postgraduates) / 8-10 years’ (for Graduates) experience in Large corporates / Banks with ability and drive to implement and monitor master data maintenance process. Prior experience in automated system master data maintenance with good liaising skills with banks / Large Corporates would be an added advantage.
• Experience in managing master data, preferably in SAP Master Data Governance or other Treasury or banking systems with relevant technical knowledge of treasury master data elements and maintenance models.
• Process and control oriented, good communication skills, exposure to automated Treasury systems or ERP.
• Excellent written and verbal communication with good working experience of MS Office systems (Word, Excel, PowerPoint etc.)

 

 

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