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Vendor Trade Manager

Date: 01-Jul-2019

Location: 01-Dubai, AE

Company: Majid Al Futtaim

Role Purpose:

Increase working capital and promote supplier chain finance program.

Role Details – Key Responsibilities and Accountabilities:

 

  • Work closely with Corp JDE team and central finance ( AP & Treasury) to ensure proper payment batch upload and proper invoice payment with respect of retention and reconciliation coordination with the accountant
  • Increase onboarding ratio SCF deals as per agreed guild lines
  • Prepare supplier monthly meeting plans with sourcing team support
  • Responsible to meet suppliers with coordination of discounting manager.
  • Preparation of the daily cash flow.
  • Understand the SCF calculation and working capital benefits on financials.
  • Ability to demonstrate mutual benefits of SCF for Carrefour & Supplier.
  • Understand supplier’s financials liquidity situation and propose SCF as a solution.
  • Provide response to supplier enquires linked to rebates/ deduction/ bank charges
  • Prepare weekly MIS progress report
  • Provide historical analysis linked to Rebates & returns
  • Ensure that internal controls are in place, in line with global financial management policies and procedures.
  • Responsible for the strict compliance of the company policies and procedures.
  • Responsible to see the compliance of policies and completeness of documents with the JDE accountant before processing the payments.
  • Coordination with internal and external auditors.
  • Maintain records and full documentation of additional payment terms.
  • Preparation of the documents for archiving and coordinate with the Archiving supervisor.
  • Coach subordinate discount clerk and accountant

 

Disclaimer: This role description reflects the general details considered necessary to describe the principal responsibilities of the role identified and shall not be construed as an exhaustive description of all the work requirements inherent to success in the role.

Other Context (if applicable):

  • Analytical ability
  • Numeracy skills
  • Verbal and written communication skills
  • Charismatic, negotiator with the ability to persuade, convince and challenge third party.
  • Discretion
  • Attention to details
  • Ability to prioritize, manage time and work under pressure

 

Functional/Technical Competencies

 

  • Excellent communication skills
  • Computer proficiency: - MS Office
  • Negotiation skills
  • Basic Accounting knowledge
  • ERP exposure

 

Personal Characteristics and Required Background:

Minimum Qualifications/education

Bachelor Degree in Finance

Minimum experience

3 years in Corporate banking experience

Preferred Languages

  • English (Full professional proficiency - Required
  • Arabic ( advantage)