Treasury Specialist

About Chalhoub Group

With a heritage spanning more than 70 years, Chalhoub Group is a leading luxury experience creator and partner in the Middle East. The Group manages a portfolio exceeding 10 proprietary brands and partners with over 400 global luxury names in fashion, beauty, jewelry, watches, eyewear, and art de vivre. It delivers seamless omnichannel retail experiences through more than 950 physical outlets and digital platforms, while fostering innovation via its Greenhouse incubator. Committed to a people-centric culture, diversity, and sustainability, the Group employs over 16,000 professionals across eight countries and has achieved Great Place to Work® certification in multiple markets. It is a member of the UN Global Compact and aims for Net Zero by 2040.

Role Overview

The Treasury Specialist will be a key contributor managing daily treasury operations, ensuring effective liquidity monitoring, forecasting, and financial reporting. You will support treasury optimization, liaise with banking partners, and assist internal teams on treasury-related tasks. Analytical aptitude and thorough knowledge of treasury processes are essential in this role.

Key Responsibilities

• Track and consolidate daily cash positions and liquidity across banking partners.
• Prepare daily liquidity reports along with short-, medium-, and long-term cash flow forecasts in collaboration with Finance teams.
• Develop comprehensive treasury dashboards, financial KPIs, and management reporting packages.
• Support month-end, quarter-end, and year-end treasury reporting cycles and initiatives to enhance cash management practices.
• Maintain and support treasury functionalities within SAP S/4HANA Treasury and Risk Management, including cash management structures, bank account master data, and reporting configurations.
• Assist with system testing, process improvements, upgrades, and treasury transformation projects.
• Monitor the utilization and availability of Group credit facilities, financial covenant compliance, and prepare relevant financing reports.
• Liaise with banks and internal stakeholders regarding treasury operations and compliance.
• Ensure treasury activities comply with policies, internal controls, and governance standards, maintaining audit-ready documentation and supporting internal and external audits.
• Partner with Accounting and Finance teams on reconciliations, reporting, and forecasting tasks.
• Provide treasury insights to support decision-making and respond to internal stakeholder queries.

Qualifications and Experience

• Bachelor's degree in Finance, Accounting, Economics, or related discipline.
• 3 to 5 years of professional experience in Corporate Treasury, Cash Management, Banking, or Financial Planning.
• Preferably experienced with SAP S/4HANA Treasury and Cash Management modules.
• Familiarity with Treasury Management Systems and reporting tools such as Power BI is advantageous.
• Strong understanding of cash management, liquidity forecasting, credit facilities, banking products, and treasury processes.
• Effective communication skills to collaborate across teams and stakeholders.

Additional Information and Benefits

The Group offers opportunities for career growth through diverse assignments and internal mobility, supported by learning and development initiatives. Benefits include healthcare coverage, contributions towards child education, flexible and remote working policies, and exclusive employee discounts.

Equal Opportunity and Application Guidelines

Chalhoub Group embraces diversity and inclusion, encouraging applications from candidates of all backgrounds without discrimination. To ensure fairness, candidates are requested to complete assessments and interviews independently without assistance from generative AI tools.