Seddiqi Holding
A diversified conglomerate with investments in luxury goods, retail, and distribution across the UAE.
Manage treasury functions: cash, liquidity, FX, borrowings, and implement treasury systems.
24 days ago
Intermediate (4-7 years), Experienced (8-12 years)
Full Time
Dubai, United Arab Emirates
Office Full-Time
Company Size
5,000 Employees
Service Specialisms
Luxury retail
Aftersales service
Real estate management
Event platform
Sector Specialisms
Luxury Watch Retail
Jewellery Retail
Luxury Consumer Brands
Fashion
Beauty
Eyewear
Leather Goods
Fashion Accessories
Role
Description
debt structuring
liquidity management
treasury system
fx management
cash pooling
hedging strategies
- Drive the structuring, negotiation, implementation of new debt facilities across the group (trade, acquisition, project facilities)
- Manage, structure and monitor Seddiqi Holdings’ treasury operations to maximize the earning potential through optimal liquidity management.
- Enhance liquidity reporting to senior management.
- Explore new banking products with various banks and financial institutions that suit group’s operational efficiencies.
- Drive adoption of Treasury management system and various digitization initiatives towards banking by all end users.
- Establish short-term and medium-term fund requirements by conducting detailed analysis of forecast deposit and loan maturities.
- Manage the foreign exchange requirements for Retail business, monitor the risks associated and formulate pricing and strategies for the purchases based on the conversion rates outlook
- Manage existing borrowing requirements of the group, ensure adequate hedges or propose new hedges where required.
- Oversee treasury operations and tasks performed by treasury executive towards cash management, liquidity reporting, bank communications, maintenance of trackers and corporate card management.
- Lead project responsibilities towards implementation of cash pooling structures and in-house banking.
- Review and manage group’s cash & liquidity position to ensure adequate cash flow to allow for effective operations
- Support head of treasury & investments with formulation of policies and procedures of treasury function, implementation of cash pooling structures, in-house banking and centralized payments across the group.
Requirements
mba
cfa
uae experience
5-8 years
cash management
senior management
We are looking for an experienced Assistant Manager - Treasury who will be responsible for cash management and reporting, management of foreign exchange risks and products, management of borrowings and deposits of Seddiqi Holding Group.
- Professional or Post graduate level degree or qualification such as CTP, MBA or CFA
- UAE/Middle East Holding company working experience
- 5-8 years job related experience in a similar position
- Bachelor Degree or equivalent in Financial or Business management, or a related field.
- Experience working with Senior Management within the Group and Subsidiaries
Benefits
Information not given or found
Training + Development
Information not given or found
Interview process
Information not given or found
Visa Sponsorship
Information not given or found
Security clearance
Information not given or found
Company
Overview
- Founded with a vision to create long-lasting value across multiple sectors, the company has diversified its portfolio into luxury goods, retail, automotive, hospitality, and real estate.
- With decades of market presence, it has become a cornerstone of the UAE's business landscape, building strong partnerships with global brands and reshaping consumer experiences.
- The company’s investments span multiple industries, enabling it to capitalize on opportunities from high-end luxury to hospitality and commercial real estate.
- Notable projects include the establishment of exclusive retail outlets, iconic luxury automotive showrooms, and premier hospitality destinations.
- It has expanded its reach internationally, establishing a global footprint with a keen focus on operational excellence and customer satisfaction.
Culture + Values
- Customer centricity
- Operational excellence
- Ethical behaviour
- Trust
- Transparency
- Unity
Environment + Sustainability
- Supports Emirates Nature – WWF Leaders of Change
- Focus on empowering organisations in the UAE to maximise impact on nature
- No explicit net-zero target or timelines disclosed
- No quantitative emissions or energy-use data available in public disclosures
Inclusion & Diversity
3.7/5
Glassdoor D&I Rating
The company has a Glassdoor D&I rating of 3.7 out of 5, which is consistent with the UAE retail industry average.
3.6/5
Dubai Office D&I Rating
The Dubai office received a D&I rating of 3.6 out of 5, reflecting employee sentiment on diversity and inclusion efforts in that location.
78%
Employee Recommendation Rate
Seventy-eight percent of employees would recommend the company to others, highlighting strong employee satisfaction with the workplace environment.
- No public disclosures of gender or demographic breakdowns or targets