Job Description

Line of Service Internal Firm Services
Industry/Sector Business Services
Specialism Business Operations
Management Level Senior Associate
& Summary The treasury team is responsible for the day-to-day treasury operations, managing debt, intercompany funding, and bank guarantees. They monitor and report on covenants, ensure accuracy of treasury transactions, and support external audits.
The treasury team also plays a key role in optimizing working capital, improving cash flow forecasting, and implementing treasury management solutions. They manage cash positions, short-term investments, FX deals, bank accounts, and payment systems Additionally, the treasury team handles bank guarantees, reconciliations, and ad hoc administrative tasks assigned by the head of treasury.
Key Responsibilities:

• Undertakes day-to-day treasury operations including bank accounts management, mandates, online banking and annual KYC reviews.
• Manage all aspects of daily cash flow and identify regional funding requirements. Regularly review and monitor the ME cash position.
• Optimize working capital and improve cash flow forecasting ensuring accurate and timely forecasts.
• Track and execute intercompany funding requirements.
• Booking and execution of FX deals.
• Manage and track the issuance, amendments and retrieval of bank guarantees across the Middle East.
• Proficiency in using Treasury Management Solutions (TMS), Kyriba, or other similar platforms is a must.
• Manages the daily reconciliations in the TMS.
• The ability to identify, flag and resolve issues that may arise with the TMS.
• Engage internally and externally with different parties in relation to TMS enhancements, developments or new integrations.
• Manage new and existing bank accounts ensuring that signatories are updated in accordance with the Delegation Authority Matrix and monitor bank costs.
• Liaise with accounting and internal audit departments to ensure accuracy of Treasury transactions history and audit trail.
• Support the Finance team in external Audit requirements related to Treasury
• Assist the ME Treasurer in special projects as and when required.

Language Requirements:

• English and Arabic

Education (if blank, degree and/or field of study not specified) Degrees/Field of Study required:
Degrees/Field of Study preferred:
Certifications (if blank, certifications not specified)
Required Skills
Optional Skills Accepting Feedback, Accepting Feedback, Active Listening, Analytical Thinking, Bank Financing, Cash Flow Analysis, Communication, Cost of Capital Analysis, Creativity, Credit and Market Risk Management, Deal Structures, Debt Structuring, Embracing Change, Emotional Regulation, Empathy, Escalation Management, Financial Forecasting, Financial Instruments, Financial Management, Financial Modeling, Financial Policy, Financial Risk Analysis, Financial Statement Analysis, Financing Solutions, Foreign Exchange {+ 30 more}
Desired Languages (If blank, desired languages not specified)
Travel Requirements 0%
Available for Work Visa Sponsorship? Yes
Government Clearance Required? No
Job Posting End Date

Skills Required