Treasury Senior Associate

Line of Service

Internal Firm Services

Industry/Sector

Business Services

Specialism

Business Operations

Management Level

Senior Associate

Job Description & 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)

Certifications

(if blank certifications not specified)

Required Skills

Optional Skills

• 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

Required Experience

Senior IC

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