Treasury Support Associate

Established in the region for 40 years, PwC has around 12,000 people in 12 countries across the region: Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, the Palestinian territories, Qatar, Saudi Arabia and the United Arab Emirates.Our regional team operates across the Middle East bringing international experience delivered within the context of the region and its culture. We can bring the collective knowledge and experience of more than 370,000 people across the entire global PwC network in advisory, assurance and tax to help you find the value you are looking for.The treasury specialist 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 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 ResponsibilitiesUndertake day to day treasury operations including bank account management, mandates, online banking and annual KYC reviewParticipate in new debt issuance and management of existing debtTrack and manage intercompany funding and ME bank guarantees (retrieval & reporting)Regularly monitor and report of the covenants and undertakingsLiaise with accounting and internal audit departments to ensure accuracy of Treasury transactions history and audit trailSupport the Finance team in external Audit requirements related to TreasuryAssist the ME Treasurer in special projects as and when requiredRegularly review the ME financial position considering near term debt maturities and make recommendations with respect to financing plansManage the cash position and recommend short term investmentsOptimize working capital and improve cash flow forecasting ensuring accurate and timely forecastsLead the development and implementation of the Treasury Management Solutions “TMS” for the Middle EastManage bank guarantees in all countries excl. KSA (issuance & retrieval)Administrator of the ME banking and payment systems and controlsBooking and execution of FX dealsManage all aspects of daily cash flow and identify regional funding requirementsManages the daily reconciliations in the TMSManage new and existing bank accounts ensuring that signatories are updated in accordance with the Delegation Authority Matrix and monitor bank costsSupport treasury Operations including bank accounts, mandates, online banking and annual KYC review in KSAIncluding such other duties that may be assigned to you by your manager (do not remove)SkillsAnalytical Skills: Strong analytical and problem-solving 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.Technological & Language ProficiencyFinancial managementCash managementInvestment managementRisk managementStrategic thinkingRelationship managementCommunicationLeadershipEnglish; Arabic preferredQualificationsBachelor’s degree in finance, accounting, economics, or a related field.At least 2 Years of experience in treasury or related finance roles.#J-18808-Ljbffr