AF21962 - Treasury Accountant | Al Futtaim Engineering

Department: Engineering - Services
Country: United Arab Emirates
Location: Dubai | UAE
Closing Date: 09-Dec-2015

Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates.

Al-Futtaim employs in excess of 44,000 people, operates through more than 200 companies and represents more than 225 international brands across industries as diverse as retail and wholesale trading, distribution, real estate development, leisure and hospitality, insurance and financial services. The group has significantly expanded its business operations in recent years through a strategic acquisition plan and has entered a number of new territories, increasing its footprint beyond the GCC and Greater Middle East to encompass Africa, South East and North Asia, Australasia, East Africa and Europe.

Entrepreneurship and rigorous customer focus has enabled Al-Futtaim to grow its business by responding to the changing needs of the customers and societies in which it operates. Al-Futtaim is committed to offering customers an unrivalled choice of the world’s best brands with exceptional standards of customer service and after sales support.

Structured into four operational divisions; automotive, financial services, real estate and retail, Al-Futtaim maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance. This benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work.

The success of Al-Futtaim is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility. The majority of businesses, built on a portfolio of world leading brands, dominate their sector.


For more information on Al Futtaim Engineering please visit

About the Position:

As part of Accounts team of four you will be reporting to the Senior Commercial Analyst and managing Letter of Credit and Guarantees for Al Futtaim Engineering in UAE, Qatar & KSA.


You will be responsible for :

  • Cash Management across various Business Units
  • Preparing and negotiation of Import/Export Letter of Credit
  • Preparing and reviewing Inward & Outward Guarantees
  • Checking Bank Fees and commissions
  • Reporting cash flow report & Band Facilities
About You:

To be considered for this role you must have the following :

  • University graduate degree in Accounting / Finance / Banking / International Trade
  • 5 plus of years of experience as a Treasury Accountant
  • Experience in Engineering & banking industry and GCC preferred
  • Experience in Treasury functions such as Foreign Trade,  Trade Finance, handling LCs and Guarantees is a must
  • Knowledge of Trade Finance Rules such as: viz., UCP600, URC522, URDG758, and INCOTERMS 2010 among other Rules.
Note: you will be required to attach the following: 1. Resume/CV
2. Passport-size photograph
Al-Futtaim offers highly engaging and supportive work environments in a culture that values, recognises and rewards quality performance.