Group Director Treasury

Job Description

Lead the development, implementation and management of a global treasury strategy for DP World’s freight forwarding business.

1. Set up a cash management structure for the freight forwarding business which manages liquidity across the global branch network.
2. Implement, maintain or improve the day to day treasury requirements for the freight forwarding business.
3. Manage the cash position to optimize return on capital employed.
4. Provide leadership / guidance / policies / training to regional finance managers responsible for freight forwarding branches on how to effectively manage liquidity and currency finance that is based on thresholds in a delegated authority matrix agreed with Group Treasury.
5. Oversee intergroup funding structures and cash settlement.
6. Work closely with Group Tax and Group Legal to ensure that funding structures are tax efficient and compliant with local laws and regulations in the geographies where DP World branch network operates.
7. Manage bank guarantees where required.
8. Oversee and negotiate ABL structures (Factoring), where applicable.
9. Perform foreign currency and interest rate hedging in close collaboration with Head Office Treasury.
10. Support group treasury on funding processes within the region.
11. Reporting on cash positions, cash forecasts and seeking funding for shortfalls.
12. Work with statutory auditors and internal auditors responsible for the management and leadership of an engaged team, promoting collaboration and ensuring that each is developed and evaluated against goals and objectives which are aligned, specific, measurable, attainable yet challenging, realistic and time bound.
13. Act as an ambassador for DP World at all times when working; promoting and demonstrating positive behaviours in harmony with DP World’s Principles, values and culture; ensuring the highest level of safety is applied in all activities; understanding and following DP World’s Code of Conduct and Ethics policies.
14. Perform other related duties as assigned.