Overview

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 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 Treasury
  • Assist the ME Treasurer in special projects as and when required.

Language Requirements:

  • English and Arabic

Other skill sets: Optimism, Teamwork, Communication, Emotional Regulation, Embracing Change, Loan Covenant, Treasury Management, Interest Rate Risk, Bank Financing, Generating Financial Reports, Reinsurance Program Evaluation, Empathy, Active Listening, Financial Instruments, Debt Structuring, Liquidity Risk, Retirement Plan Investment Manager Asset Allocation, Pension Fund Analysis, Financial Statement Analysis, Internal Financial Reporting, Investment Analysis, Financial Policy, Financial Modeling, Cost of Capital Analysis, Market Risk, Escalation Management, Well Being, Financial Risk Analysis, Financial Management, Loan Structuring, Financial Forecasting, Long-Term Financing, Cash Flow Analysis, Loan Refinancing, Intellectual Curiosity, Retirement Plan Investment Manager Communication, Reconciliation of Cash Accounts, Financing Solutions, Monitoring and Analyzing Financial Trends, Learning Agility, Investment Policy, Analytical Thinking, Credit and Market Risk Management, Working Capital, Reinsurance Program Risk Analysis, Inclusion, Private Financing, Self-Awareness, Deal Structures, Profitability Management, Foreign Exchange, Accepting Feedback, Lines of Credit, Creativity, Retirement Plan Investment Management.

Tagged as: , ,

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.