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 world's 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 Sita's, and McCain.Reporting to the Manager - Treasury, you will be responsible for:Key Responsibilities:xe2x97x8f Detailed Cashflow Forecasting for the Sports Division to ensure positive working capital - and plan the gaps, if any.
xe2x97x8f Understanding of Banking facilities and liaise with banks for account opening as required
xe2x97x8f Well versed with LC's & Guarantees (APG, Performance Bonds, etc.) and vetting standard terms.
xe2x97x8f Analyze Group Banking Facilities; visit Financial Covenants periodically to support Manager and collate information for Annual Renewals after comparison with prior years and best practices
xe2x97x8f Evaluate the Existing Treasury Processes across all BU's and drive Evolution of outdated processes
xe2x97x8f Maintaining banking relationships representing the Group Level Treasury Function
xe2x97x8f Provide support on implementation of Automation of processes and use of BI Tool for creating Dashboards; Implementation of Host to Host Across all Group entities.
xe2x97x8f Supporting TM in negotiations of Commercials for Banking/ Cash Management providers/ Exchanges - Maintaining Relations with these parties.
xe2x97x8f Manage and drive Daily /Weekly/ Monthly End Reports for the Group as per agreed timelines
xe2x97x8f Oversee bank reconciliations and daily transactions.
xe2x97x8f Well versed with Account opening processes and KYC documentation requirements and SAP entries for CC and Cash.
xe2x97x8f Verification of Treasury Related Documents from other territories/ Business Units at the Group Level
xe2x97x8f Bookkeeping of Banking Charges, Interest Charges, etc on the ERP (SAP experience would be a plus) as per the month-end closing timelines (as required)
xe2x97x8f Understand and manage appropriate accounting procedures and processes
xe2x97x8f Monitor bank service fees and address quality issues (as required)
xe2x97x8f Initiate vendor payments, bill payments, fund transfers, and batch uploads on banking portals (as required)
xe2x97x8f Serve as a reliable backup by providing support and assistance whenever necessary, ensuring smooth operations and continuity in the absence or unavailability of the Manager - Treasury.Basic Qualifications:xe2x97x8f Minimum of 4+ years of Treasury experience
xe2x97x8f Bachelors degree in Finance or any related qualification
xe2x97x8f Must be a self-starter who is able to work independently and interface with all relevant internal teams (management/ cross functions) and external business partners (Auditors, Banks, Suppliers) as needed
xe2x97x8f Analytical skills and the ability to get into the details, while also seeing and understanding the big picture
xe2x97x8f Ability to work in a fast-moving industry with many dimensions, stringent timelines
xe2x97x8f Ability to successfully manage multiple competing priorities simultaneously
xe2x97x8f Excellent interpersonal and communication skills, presentation, and writing required in English
xe2x97x8f Comfortable to Interact with stakeholders at all levels in the organization.

GMG