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.

Line of Service : Internal Firm Services

Industry / Sector : Not Applicable

Specialism : IFS - Finance

Management Level : Associate

Job Description & Summary

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 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 monitor and report on 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 (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.
• 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.

Required Skills :

Qualifications :

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