Overview
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 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)
Analytical 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.
Financial management
Cash management
Investment management
Risk management
Strategic thinking
Relationship management
Communication
Leadership
English; Arabic preferred
Bachelor’s degree in finance, accounting, economics, or a related field.
At least 2 Years
Education (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 Skills
Optional Skills
Desired Languages (If blank, desired languages not specified)
Travel Requirements
Available for Work Visa Sponsorship?
Government Clearance Required?
Job Posting End Date
About PwC Middle East
At PwC, we measure success by our ability to create the value that our clients and our people are looking for. Our reputation lies in building lasting relationships with our clients and a focus on delivering value in all we do. We’re a network of firms in 158 countries with more than 236,000 people who are committed to delivering world-class capabilities and quality in assurance, tax and advisory services. Established in the region for 40 years, PwC Middle East employs over 4,200 people across 12 countries. 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.
