Treasury Specialist

PricewaterhouseCoopers

• 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, short-term 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 execution 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 execution 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)