Treasury Senior Associate

Line of ServiceInternal Firm ServicesIndustry/SectorBusiness ServicesSpecialismBusiness OperationsManagement LevelSenior AssociateJob Description & SummaryThe 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 TreasuryAssist the ME Treasurer in special projects as and when required. Language Requirements:English and ArabicEducation (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 SkillsOptional SkillsAccepting 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 moreDesired Languages (If blank desired languages not specified)Travel Requirements0%Available for Work Visa SponsorshipYesGovernment Clearance RequiredNoJob Posting End DateRequired Experience:Senior IC Key Skills Business Development,Organizational Management,GAAP,Accounting,Analysis Skills,Meeting Facilitation,Microsoft Powerpoint,Investment Banking,Microsoft Excel,Private equity,Financial Modeling,Writing Skills Employment Type : Full-Time Experience: years Vacancy: 1