Treasury Support Associate

Line of Service

Industry/Sector

Specialism

Management Level

Job Description & Summary

The treasury specialist is responsible for the daytoday 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 specialist also plays a key role in optimizing working capital improving cash flow forecasting and implementing treasury management solutions.
They manage cash positions shortterm investments FX deals bank accounts and payment systems.

Additionally the treasury specialist handles bank guarantees reconciliations and ad hoc administrative tasks assigned by the head of treasury.

Key Responsibilities:

Undertake day to day treasury operations including bank account management mandates online banking and annual KYC review
Participate in new debt issuance and management of existing debt
Track and manage intercompany funding and ME bank guarantees (retrieval & reporting)
Regularly monitoring and reporting of the covenants and undertakings
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
Regularly review the ME financial position considering near term debt maturities and make recommendations with respect to financing plans
Manage the cash position and recommend short term investments
Optimize working capital and improve cash flow forecasting ensuring accurate and timely forecasts
Lead the development and implementation of the Treasury Management Solutions TMS for the Middle East
Manage bank guarantees in all countries excl.
KSA (issuance & retrieval)
Administrator of the ME banking and payment systems and controls
Booking and of FX deals
Manage all aspects of daily cash flow and identify regional funding requirements
Manage bank guarantees in all countries excl.
KSA (issuance & retrieval)
Manages the daily reconciliations in the TMS
Manage new and existing bank accounts ensuring that signatories are updated in accordance with the Delegation Authority Matrix and monitor bank costs
Administrator of the ME banking and payment systems and controls
Booking and of FX deals
Support treasury Operations including bank accounts mandates online banking and annual KYC review in KSA
Including such other duties that may be assigned to you by your manager (do not remove)
Analytical Skills: Strong analytical and problemsolving abilities to analyze financial data identify trends and make informed decisions.

Communication and Collaboration: Excellent communication and interpersonal skills to effectively liaise with internal stakeholders banks and other external parties.

Adaptability and Proactivity: Ability to adapt to changing business and market conditions demonstrate proactive thinking and provide innovative solutions.

Attention to Detail: Strong attention to detail to ensure accuracy in financial transactions reconciliations and reporting.

Ethics and Integrity: High ethical standards and integrity in handling financial transactions confidential information and compliance matters.

Continuous Learning: Willingness to stay updated on industry trends regulations and best practices in treasury management.

Financial management
Cash management
Investment management
Risk management
Strategic thinking
Relationship management
Communication
Leadership
English; Arabic preferred
Bachelors degree in finance accounting economics or a related field.

At least 2 Years

Education (if blank degree and/or field of study not specified)

Certifications (if blank certifications not specified)

Required Skills

Optional Skills

Desired Languages (If blank desired languages not specified)

Travel Requirements

Available for Work Visa Sponsorship

Government Clearance Required

Job Posting End Date