Treasury Associate

Overview PwC

Middle East is a network of firms in 152 countries with more than 328,000 people committed to delivering world-class capabilities and quality in assurance, tax and advisory services.

Established in the region for over 40 years,

PwC

Middle East employs over 10,000 people across 12 countries : Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, Qatar, Saudi Arabia, Palestine and the United Arab Emirates. Complementing our depth of industry expertise and breadth of skills is our sound knowledge of local business environments across the Middle East region. Our tailored solutions help our clients meet the challenges and opportunities of doing business in the Middle East market, and beyond.

Internal Firm Services (IFS) is a network of specialist support professionals, which includes Clients & Markets, Finance, Human Capital, Marketing & Communications, Office Management, Risk & Quality, Technology, to name but a few. Each function plays a vital role in making sure we have all the right resources, services and technology across our business.

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 excluding KSA; 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 new and existing bank accounts ensuring that signatories are updated in accordance with the Delegation Authority Matrix and monitor bank costs

Qualifications

1-4 years of relevant experience

Big4 or similar industry experience is ideal but not mandatory

Analytical Skills : Strong analytical and problem-solving abilities to analyze financial data, identify trends, and make informed decisions

Required Skills

Analytical Skills : Strong analytical and problem-solving abilities to analyze financial data, identify trends, and make informed decisions

Optional Skills

Accepting Feedback

Active Listening

Bank Financing

Cash Flow Analysis

Communication

Cost of Capital Analysis

Credit and Market Risk Management

Deal Structures

Debt Structuring

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

Generating Financial Reports

Inclusion

Intellectual Curiosity

• 25 more

Travel Requirements Not Specified

Available for Work Visa Sponsorship? No

Government Clearance Required? Yes

Seniority level

Associate

Employment type

Full-time

Job function

Finance and Sales

Industries

Professional Services

Location : Riyadh, Saudi Arabia

#J-18808-Ljbffr