Job description
Role Overview
Treasury Specialist at Chalhoub Group. The role manages daily treasury operations, ensuring accurate liquidity monitoring, forecasting, and reporting across the Group.
Company Overview
Chalhoub Group is a luxury retailer operating across the Middle East for over seven decades. The Group curates a portfolio of over 10 owned brands and distributes over 400 international names across luxury fashion, beauty, jewellery, watches, eyewear, and art de vivre categories. It operates more than 950 stores, online platforms, and mobile apps. The Group employs over 16,000 talented professionals across eight countries in the Middle East with presence in LATAM. Chalhoub Group holds Great Place to Workยฎ certification in several markets, is a member of the United Nations Global Compact, a signatory of the Women's Empowerment Principles, and has pledged to reach Net Zero by 2040.
Role Purpose
The Treasury Specialist plays a key role in managing daily treasury operations, ensuring accurate liquidity monitoring, forecasting, and reporting. The role contributes to treasury optimization initiatives, coordinates with banks, and supports internal stakeholders with treasury-related matters.
Key Responsibilities
Cash Management, Forecasting and Reporting
- Monitor daily Group cash positions and liquidity across banking partners.
- Consolidate cash balances and prepare daily liquidity reports.
- Prepare short-, medium-, and long-term cash flow forecasts in collaboration with Finance.
- Develop treasury dashboards, KPIs, and management reports.
- Support month-end, quarter-end, and year-end treasury reporting.
- Support implementation of best practices in cash management.
SAP S/4HANA & Treasury Systems
- Support treasury processes within SAP S/4HANA Treasury and Risk Management.
- Maintain cash management structures, bank account master data, and liquidity reporting configurations.
- Support system testing, enhancements, and treasury process improvements.
- Collaborate on SAP upgrades and treasury transformation initiatives.
Credit Facilities & Banking
- Monitor Group credit facilities, utilization levels, and available headroom.
- Track financial covenant compliance and support periodic covenant reporting.
- Prepare reports on debt maturities, facility utilization, and financing metrics.
- Liaise with banks and internal stakeholders on treasury-related matters.
Controls, Governance & Compliance
- Ensure compliance with Treasury Policies, Delegation of Authority, and internal procedures.
- Maintain audit-ready documentation for treasury activities.
- Support internal and external audits.
- Ensure the accuracy and integrity of treasury data and reporting.
Stakeholder Collaboration
- Collaborate with Accounting and Finance on treasury reporting, reconciliations, and cash flow forecasting.
- Support business stakeholders with treasury-related queries and reporting requirements.
- Provide treasury insights and analysis to support management decision-making.
Qualifications & Experience
- Bachelor's degree in Finance, Accounting, Economics, or related field.
- 3 to 5 years of experience in Corporate Treasury, Cash Management, Banking, or Financial Planning.
- Preferably experience with SAP S/4HANA Treasury and Cash Management.
- Preferably experience with Treasury Management System.
- Knowledge of Power BI or other reporting tools.
Skills & Competencies
- Solid understanding of cash management, liquidity forecasting, banking products, credit facilities, and treasury processes.
- Effective communication skills.
- Strong analytical skills and coordination abilities.
Additional Information
- Health care benefits provided.
- Child education contribution provided.
- Remote and flexible working policies available.
- Exclusive employee discounts offered.
- Learning and development opportunities and exposure to different assignments within role or through internal mobility.
- Commitment to diversity, equity, and inclusion; equal opportunity for all applicants regardless of gender, age, race, religion, national origin, or disability status.